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Sri Lotus Developers & Realty IPO

  • Status: Closed
  • RHP:
  • ₹ 14,000 / 100 shares

    Minimum Investment

IPO Listing Details

  • Listing Date

    06 Aug 2025

  • Listing Price

    ₹179.10

  • Listing Change

    19.40%

  • Last Traded Price

    ₹154.06

Sri Lotus Developers & Realty IPO Details

  • Open Date

    30 Jul 2025

  • Close Date

    01 Aug 2025

  • Listing Date

    06 Aug 2025

  • IPO Price Range

    ₹ 140 to ₹150

  • IPO Size

    ₹ 792 Cr

  • Listing Exchange

    BSE, NSE

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Sri Lotus Developers & Realty IPO Subscription Status

Last Updated: 01 August 2025 5:36 PM by 5paisa

Incorporated in 2015, Sri Lotus Developers & Realty Ltd. is a real estate developer specialising in ultra-luxury and luxury residential projects, as well as commercial developments, located primarily in Mumbai’s western suburbs.

The company’s core focus lies in high-end residential flats—ranging from 2BHK to 4+ BHK and penthouses, priced from ₹3 crore to over ₹7 crore—and commercial office spaces. As of June 30, 2025, Sri Lotus Developers owns a developable area of 0.93 million sq. ft., with a robust pipeline of 4 completed, 5 ongoing, and 11 upcoming projects.

Their asset-light model, use of development agreements, and timely project execution contribute to strong cash flow generation and premium market positioning.

Established in: 2015
Promoters: Anand Kamalnayan Pandit
 

Sri Lotus Developers & Realty Objectives

The net proceeds from the IPO will be utilised for:

1. Funding ongoing and future development projects
2. General corporate purposes
 

Sri Lotus Developers IPO Size

Types Size
Total IPO Size ₹792.00 Cr
Fresh Issue 0
Offer for Sale ₹792.00 Cr

 

Sri Lotus Developers IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 100 ₹14,000
Retail (Max) 13 1,300 ₹1,82,000
S-HNI (Min) 14 1,400 ₹1,96,000
S-HNI (Max) 66 6,600 ₹9,24,000
B-HNI (Min) 67 6,700 ₹9,38,000

Sri Lotus Developers IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
QIB 175.61 1,05,33,334 1,84,97,37,200 27,746.06
NII (HNI) 61.82 79,00,000 48,84,14,100 7,326.21
bNII (bids above ₹10L) 59.13 52,66,667 31,14,07,400 4,671.11
sNII (bids below ₹10L) 67.22 26,33,333 17,70,06,700 2,655.10
Retail 21.77 1,84,33,333 40,12,62,000 6,018.93
Total** 74.10 3,70,13,726 2,74,25,55,800 41,138.34

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Sri Lotus Developers IPO Anchor Allocation

Anchor Bid Date July 29, 2025
Shares Offered 1,57,99,999
Anchor portion Size (In ₹ Cr.) 237.00
Anchor lock-in period end date for 50% shares (30 Days) September 3, 2025
Anchor lock-in period end date for remaining shares (90 Days) November 2, 2025

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 169.95 466.19 569.28
EBITDA 20.84 158.55 288.97
PAT 16.80 119.14 227.89
Particulars (in Rs. Crores)] FY23 FY24 FY25
Total Assets 486.23 736.81 1,218.60
Share Capital 20.00 20.00 43.59
Total Borrowings 328.93 428.24 122.13
Particulars (in Rs. Crores FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 71.14 46.16 -19.50
Net Cash Generated From / (used in) investing activities -14.77 27.66 15.86
Net Cash Generated From / (used in) financing activities -11.04 -44.27 249.9
Net Increase (Decrease) In Cash And Cash Equivalents 45.33 29.55 246.3


Strengths

1. Strong positioning in ultra-luxury real estate in Mumbai’s western suburbs
2. Established brand with the ability to price at a premium
3. Asset-light model with development agreements enhancing cash flow
4. Integrated execution with on-time project delivery

Weaknesses

1. High dependence on Mumbai’s real estate market
2. Short track record in handling large-scale national expansion
3. Cash flow fluctuations observed in FY25
4. Inability to complete our Ongoing & Upcoming Projects

Opportunities

1. Rising demand for premium housing in urban areas
2. Government reforms encouraging real estate development
3. Increasing aspirational buying in Tier I cities
4. High redevelopment opportunities in Mumbai offer long-term scalability

Threats

1. Real estate market cyclicality and interest rate risks
2. Regulatory changes or delays in approvals
3. Competition from larger national developers
4. Rising material and labour costs can impact profitability & margins

1. Specialised focus on high-value residential and commercial segments
2. Consistent revenue and profit growth in the last three fiscal years
3. Experienced management and brand presence in Mumbai
4. Asset-light approach supports capital efficiency and strong financial leverage
5. Well-positioned to capitalise on rising demand for luxury properties

1. India’s real estate market, especially in metros like Mumbai, is witnessing rapid growth in the luxury housing segment. 
2. Rising disposable incomes, shifting lifestyles, and preference for premium amenities are key drivers. 
3. Redevelopment projects in the western suburbs offer lucrative potential.

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FAQs

Sri Lotus Developers IPO opens on July 30, 2025 and closes on August 1, 2025.

The Sri Lotus Developers IPO size is ₹792 crore, comprising a 100% fresh issue of shares.

The Sri Lotus Developers IPO price band is ₹140 to ₹150 per share.

To apply for Sri Lotus Developers IPO via 5paisa, log into your account, select the IPO from current listings, enter lot size and bid, provide your UPI ID, and approve the mandate.

The minimum lot size of Sri Lotus Developers IPO is 100 shares, requiring an investment of ₹14,000.

The Sri Lotus Developers IPO is expected to be listed on August 4, 2025, on BSE and NSE.

 Sri Lotus Developers IPO is expected to list on BSE and NSE on August 6, 2025.

Sri Lotus Developers will use IPO proceeds for: 

  • Funding ongoing and future development projects
  • General corporate purposes