Sri Lotus Developers IPO Subscribed 74.10 Times on Final Day, Driven by QIB & NII Demand

Sri Lotus Developers Limited's initial public offering (IPO) has demonstrated extraordinary investor interest through its third and final day of subscription, with Sri Lotus Developers' stock price set at ₹150 per share reflecting exceptional market reception. The ₹792.00 crore IPO reached 74.10 times by 5:04:37 PM on day three, indicating outstanding investor interest in this ultra-luxury real estate developer incorporated in 2015.

Sri Lotus Developers IPO qualified institutional buyers segment leads with exceptional 175.61 times subscription, whilst non-institutional investors demonstrate strong participation at 61.82 times and retail investors show solid interest at 21.77 times, whilst employees show strong participation at 21.37 times and anchor investors show complete participation at 1.00 times, reflecting exceptional investor confidence in this company.

Sri Lotus Developers IPO subscription reached an extraordinary 74.10 times on day three, led by Qualified Institutional Buyers (175.61x), Non-Institutional Investors (61.82x), and Retail Investors (21.77x). Total applications reached 34,79,062.

Subscription Status of Sri Lotus Developers IPO:

Here are the subscription details for Sri Lotus Developers IPO as of Day 3 (August 1, 2025, 5:04:37 PM):

Key Highlights - Day 3:

• Overall subscription reached an extraordinary 74.10 times, a spectacular improvement from day two's 11.10 times.
• Qualified institutional buyers demonstrated exceptional performance at 175.61 times, building dramatically from day two's 9.31 times.
• Non-institutional investors category displaying outstanding interest at 61.82 times, building substantially from day two's 17.10 times.
• Retail investors segment showed solid growth at 21.77 times, building significantly from day two's 9.58 times.
• bNII category demonstrating strong participation at 59.13 times, building substantially from day two's 14.11 times.
• sNII category showed exceptional interest at 67.22 times, building dramatically from day two's 23.09 times.
• Total applications reached 34,79,062, indicating exceptional investor participation for this mainboard IPO.
• Cumulative bid amount reached ₹41,138.34 crores against the issue size of ₹792.00 crores.

Sri Lotus Developers IPO - Day 2 Subscription at 11.10 Times

Key Highlights - Day 2:

• Overall subscription reached solid 11.10 times, showing substantial improvement from day one's 3.86 times.
• Non-institutional investors demonstrated strong performance at 17.10 times, building significantly from day one's 3.32 times.
• Retail investors showed encouraging improvement at 9.58 times, building substantially from day one's 3.05 times.
• QIB segment showing steady growth at 9.31 times, building positively from day one's 5.68 times.
• sNII category displayed strong interest at 23.09 times, building substantially from day one's 4.59 times.
• The employees segment showed reasonable growth at 8.46 times, building positively from day one's 3.24 times.

Sri Lotus Developers IPO - Day 1 Subscription at 3.86 Times

Key Highlights - Day 1:

• Overall subscription opened strongly at 3.86 times, showing encouraging initial investor interest.
• QIB segment demonstrated solid confidence at 5.68 times, showing strong institutional appetite.
• sNII category showing encouraging participation at 4.59 times, indicating positive smaller HNI interest.
• Non-institutional investors displayed reasonable interest at 3.32 times, showing moderate HNI approach.
• Employees segment showed solid participation at 3.24 times, indicating strong internal confidence.
• bNII segment showing modest participation at 2.69 times, indicating cautious larger HNI approach.

About Sri Lotus Developers Limited

Incorporated in February 2015, Sri Lotus Developers and Realty Limited is a developer of residential and commercial properties located in Mumbai, Maharashtra, specializing in redevelopment projects within the ultra-luxury and luxury segments of the western suburbs, possessing developable area of 0.93 million square feet as of June 30, 2025, focusing on construction and development of 2BHK and 3BHK flats priced within ₹3-7 crores range and 3BHK, 4BHK and penthouses exceeding ₹7 crores, with four completed projects, five ongoing projects and eleven upcoming projects as of June 30, 2025.