Sri Lotus Developers is coming with its IPO worth ₹792 Cr, which is entirely a fresh issue. Sri Lotus IPO opens for subscription on 30 July 2025 and will close on 1 Aug 2025. The allotment of shares is expected to be finalized on 4 Aug 2025 and the shares are likely to be listed on BSE & NSE on 6 Aug 2025. The price band for IPO is set between ₹140 to ₹150 per share.
About Sri Lotus Developers IPO
Sri Lotus Developers and Realty, founded in February 2015, is a real estate company based in Mumbai, Maharashtra. It focuses mainly on redevelopment projects in the western suburbs of Mumbai, building high end residential and commercial properties.
As of 30 June 2025, the company has a total developable area of 9.3 lakh square feet, which includes both homes and office spaces. Their main focus is on luxury and ultra-luxury housing, including 2BHK and 3BHK flats priced between ₹3 crore and ₹7 crore, and larger 3BHK, 4BHK, and penthouses that cost more than ₹7 crore. They also build premium commercial office spaces.
Currently, Sri Lotus Developers has completed 4 projects, is working on 5 more, and has 11 new projects planned for the future.
Sri Lotus Developers IPO Highlights
- Sri Lotus Developers’s IPO is worth ₹792 Cr and the price band is set between ₹140 to ₹150
- The IPO is an entirely fresh issue of 5.28 Cr shares.
- Sri Lotus Developers’s IPO will open for subscription on 30 July 2025 and close on 1 Aug 2025. Share allotment is likely to take place on 4 Aug 2025 and the shares are expected to be listed on BSE and NSE on 6 Aug 2025.
- Promoters currently hold 91.78% of the company but after the IPO, their shareholding will come down to 81.86%.
- The company plans to use ₹550 crore to fund construction of ongoing projects through its subsidiaries and for general corporate purposes.
- Kfin Technologies will be the registrar for Sri Lotus Developers's IPO.
Sri Lotus Developers IPO GMP
As of 27 July 2025, Sri Lotus Developers GMP is trading at ₹32 up from the upper price band of ₹150, shares are expected to list at ₹182, which represents 21.33%. In the coming days, GMP may change, and we’ll keep updating as new details come in.
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- Date: 1 Aug 2025
- Sri Lotus Developers GMP: ₹42 ( 28%)
- Date: 31 July 2025
- Sri Lotus Developers GMP: ₹42 ( 28%)
- Date: 30 July 2025
- Sri Lotus Developers GMP: ₹44 ( 29.33%)
- Date: 29 July 2025
- Sri Lotus Developers GMP: ₹44 ( 29.33%)
- Date: 28 July 2025
- Sri Lotus Developers GMP: ₹40 ( 26.67%)
- Date: 27 July 2025
- Sri Lotus Developers GMP: ₹32 ( 21.33%)
How can you apply for Sri Lotus Developers IPO?
Retail investors can apply for a minimum of 1 lot, which includes 100 shares costing ₹15,000. Maximum investment allowed for retail investors is 13 lots which totals 1300 shares and costs ₹1,95,000.
| Application | Lots | Shares | Amount |
|---|---|---|---|
|
Retail (Min) |
1 |
100 |
₹15,000
|
|
Retail (Max) |
13 |
1,300 |
₹1,95,000
|
|
S-HNI (Min) |
14 |
1,400 |
₹2,10,000
|
|
S-HNI (Max) |
66 |
6,600 |
₹9,90,000
|
|
B-HNI (Min)
|
67 |
6,700 |
₹10,05,000
|
Sri Lotus Developers IPO Financial
Sri Lotus Developers reported a PAT of ₹227.89 Cr in 31 March 2025 and in FY24 reported ₹ 119.14 Cr. Over the past 3 years, its profit and borrowings have been continuously improving. All financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
|
Assets (₹ Crores) |
1,218.60
|
736.81
|
486.23
|
|
Revenue (₹ Crores) |
569.28
|
466.19
|
169.95
|
|
PAT (₹ crores)
|
227.89
|
119.14
|
16.80
|
|
EBITA(₹ Crores) |
288.97
|
158.55
|
20.84
|
|
Net Worth (₹ Crores) |
932.44
|
169.56
|
48.36
|
|
Reserves and Surplus (₹ Crores) |
888.93
|
149.60
|
28.32
|
|
Total Borrowing (₹ Crores) |
122.13
|
428.24
|
328.93
|
Sri Lotus Developers IPO Peer Comparison
Sri Lotus Developers has the lowest EPS compared to its peers, which is not a good sign for investors. Below is a quick comparison of Sri Lotus Developers and its peers.
| Company | EPS Diluted | P/E(x) |
|---|---|---|
|
Sri Lotus Developers And Realty |
5.51 |
-
|
|
Arkade Developers
|
9.25
|
22.03
|
|
Keystone Realtors
|
13.71
|
48.18
|
|
Suraj Estate Developers
|
19.7
|
14.91 |
|
Sunteck Realty
|
10.26
|
43.26 |
|
Mahindra Lifespaces
|
3.95 |
91.43
|
|
Hubtown
|
4.25 |
68.2
|
Sri Lotus Developers IPO Quota Allocation
- QIB Investors: 50% of the net issue
- Retail Investors: 35% of the net issue
- NII (HNI) Investors: 15% of the net issue
Listing Date of Sri Lotus Developers IPO
- Subscription Period: 30 July to 1 Aug 2025
- Basis of Allotment Finalization: 4 August 2025
- Initiation of Refunds: 5 Aug 2025
- Demat Credits: 5 Aug 2025
- Listing Date: 6 Aug 2025
- Listing on: BSE, NSE
Strengths and weaknesses of Sri Lotus Developers IPO
Knowing about the strengths and weaknesses of any IPO helps you make an informed decision.
- Builds high-end homes in Mumbai’s western suburbs, focusing on luxury buyers.
- Well known brand that sells homes even during construction.
- Uses a model where they don’t own the land, which helps save money and keeps cash flow strong.
- Good at managing the full project, from start to finish, on time.
- Led by experienced promoters and a skilled team.
- May face delays or problems in getting government approvals for projects.
- Depends mainly on wealthy buyers, so demand can be uncertain.
- If ongoing or future projects get delayed, business may suffer.
- Depends on outside contractors, which may create risks in quality or payments.
- Some land deals may be lost if agreements are not valid or expire.
Sri Lotus Developers IPO FAQs (Frequently Asked Questions)
What is the total issue size of Sri Lotus Developers’s IPO?
The total size of Sri Lotus Developers’s IPO is ₹792 Cr
When will Sri Lotus Developers IPO open and close?
Sri Lotus Developers’s IPO will open for subscription on 30 July 2025 and close on 1 Aug 2025.
What is the lot size for Sri Lotus Developers IPO?
Retail Investors can bid for a minimum of 1 lot, which includes 100 shares. And one lot will cost you around ₹15,000.
What is the share allotment date for Sri Lotus Developers IPO?
The allotment of shares is expected to be completed by 4 Aug 2025.
Who is the registrar of Sri Lotus Developers IPO?
Kfin Technologies is the registrar for Sri Lotus Developers’s IPO.
Where will Sri Lotus Developers shares be listed?
The shares are planned to be listed on both NSE & BSE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
