Sri Lotus Developers and Realty IPO 2025: GMP, Date, Price, Review, Allotment Details
The Sri Lotus Developers and Realty IPO, a mainboard IPO from Mumbai-based Sri Lotus Developers and Realty Limited, aims to raise ₹792 crores through a fresh issue of equity shares. Opening on July 30, 2025, with a price band yet to be announced, this IPO offers investors a chance to invest in a leading real estate developer specializing in ultra-luxury and luxury redevelopment projects in Mumbai’s western suburbs. This article provides a comprehensive overview of the Sri Lotus Developers and Realty IPO, including grey market premium (GMP), subscription status, allotment details, financial performance, and expert review to guide investors.
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Sri Lotus Developers and Realty IPO Details
The Sri Lotus Developers and Realty IPO is a book-built issue comprising a fresh issue of equity shares worth ₹792 crores, with no offer for sale (OFS), each share having a face value of ₹1. Below are the key details based on the Red Herring Prospectus (RHP) and recent updates:
| Particulars | Details |
|---|---|
| IPO Opening Date | July 30, 2025 |
| IPO Closing Date | August 1, 2025 |
| Allotment Date | August 4, 2025 |
| Listing Date | August 6, 2025 |
| Face Value | ₹1 per share |
| Price Band | To be announced |
| Lot Size | To be announced |
| Issue Size | ₹792 crores |
| Fresh Issue | ₹792 crores |
| Offer for Sale | None |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Book Running Lead Managers | Motilal Oswal Investment Advisors Limited, Monarch Networth Capital Limited |
| Registrar | KFin Technologies Limited |
The IPO allocates 50% to Qualified Institutional Buyers (QIBs), 15% to High Net-Worth Individuals (HNIs), and 35% to Retail Individual Investors (RIIs), with a 2% employee reservation worth ₹2 crores. The minimum investment for retail investors will be confirmed once the lot size and price band are announced.
Sri Lotus Developers and Realty IPO Subscription Status
The subscription status for the Sri Lotus Developers and Realty IPO will be updated daily during the subscription period from July 30 to August 1, 2025. Investors can track live subscription data on the BSE, NSE, or the registrar’s portal (KFin Technologies).
| Category | Subscription (Times) |
|---|---|
| QIB | To be updated |
| NII (HNI) | To be updated |
| Retail | To be updated |
| Total | To be updated |
Note: Subscription data will be available during the IPO subscription period (July 30–August 1, 2025).
Sri Lotus Developers and Realty IPO Allotment Status
The allotment for the Sri Lotus Developers and Realty IPO is expected to be finalized on August 4, 2025. Investors can check their allotment status on the registrar’s website (KFin Technologies) or the BSE/NSE websites using their application number, PAN, or DP Client ID. Shares will be credited to demat accounts by August 5, 2025, and refunds will be processed for non-allotted applications.
Steps to Check Allotment Status:
- Visit the KFin Technologies website (https://kosmic.kfintech.com/ipostatus/).
- Select “Sri Lotus Developers and Realty IPO” from the dropdown menu.
- Enter your Application Number, PAN, or DP Client ID.
- Click “Search” to view your allotment status.
Note: Allotment status will be available after finalization on August 4, 2025.
Sri Lotus Developers and Realty IPO Grey Market Premium (GMP) Today
The Grey Market Premium (GMP) reflects the premium at which IPO shares trade in the unofficial market before listing. As of July 23, 2025, the GMP for the Sri Lotus Developers and Realty IPO is not available, as grey market activity has not yet started. Investors should monitor updates closer to the IPO opening on July 30, 2025, for GMP trends.
| Date | GMP (₹) | Estimated Listing Price (₹) |
|---|---|---|
| July 23, 2025 | Not Available | Not Available |
| July 22, 2025 | Not Available | Not Available |
| July 21, 2025 | Not Available | Not Available |
| July 20, 2025 | Not Available | Not Available |
Disclaimer: GMP is unofficial and volatile. Base investment decisions on company fundamentals, not just GMP.
Sri Lotus Developers and Realty IPO Kostak Rates Today
The Kostak rate is the premium an investor earns by selling their IPO application in the grey market before allotment. As of July 23, 2025, the Kostak rate for the Sri Lotus Developers and Realty IPO is not available due to the absence of grey market activity. Check with grey market dealers for updates closer to the IPO opening.
| Date | Kostak Rate (₹) |
|---|---|
| July 23, 2025 | Not Available |
Sri Lotus Developers and Realty IPO Subject to Sauda Rates
The Subject to Sauda rate is the amount agreed for an IPO application, payable only if allotted. As of July 23, 2025, the Subject to Sauda rate for the Sri Lotus Developers and Realty IPO is not available, as grey market trading has not commenced.
| Date | Subject to Sauda (₹) |
|---|---|
| July 23, 2025 | Not Available |
Note: Kostak and Subject to Sauda rates are unofficial and may fluctuate as grey market activity begins.
About Sri Lotus Developers and Realty Limited
Incorporated in February 2015, Sri Lotus Developers and Realty Limited, based in Mumbai, is a premier real estate developer specializing in residential and commercial properties, with a focus on redevelopment projects in the ultra-luxury and luxury segments of Mumbai’s western suburbs, including Juhu, Andheri, Malad, Nepean Sea Road, and Ghatkopar. Led by promoter Anand Kamalnayan Pandit, with over 24 years of experience, the company has completed 3.32 million square feet of development. It leverages a capital-light model through joint development agreements (JDAs) and society redevelopments, reducing land acquisition costs. The company uses advanced technologies like 3D modeling and virtual reality for project planning. As of March 31, 2025, it reported a revenue of ₹569.28 crores and a profit after tax of ₹227.89 crores. The promoters are Anand Kamalnayan Pandit, Roopa Anand Pandit, and Ashka Anand Pandit, holding a 91.78% pre-issue stake.
Sri Lotus Developers and Realty IPO Objectives
The net proceeds from the fresh issue will be used for:
- Investment in subsidiaries (Richfeel Real Estate Private Limited, Dhyan Projects Private Limited, and Tryksha Real Estate Private Limited) for part-funding the development and construction costs of ongoing projects: Amalfi, The Arcadian, and Varun (₹550 crores).
- General corporate purposes.
Sri Lotus Developers and Realty Financials
Sri Lotus Developers and Realty has shown exceptional financial growth, driven by demand in Mumbai’s luxury real estate market. Below is a summary of its financial performance:
| Particulars | FY25 (₹ Crores) | FY24 (₹ Crores) | Growth (%) |
|---|---|---|---|
| Revenue | 569.28 | 466.19 | 22.11% |
| EBITDA | Not Available | Not Available | Not Available |
| PAT | 227.89 | 119.14 | 91.29% |
The company’s 22.11% revenue growth and 91.29% PAT growth reflect its strong market position and operational efficiency.
Sri Lotus Developers and Realty IPO Strengths
- Strong Financials: 22.11% revenue growth and 91.29% PAT growth from FY24 to FY25, showcasing robust profitability.
- Market Leadership: Operates in Mumbai’s high-demand western suburbs, ranked first in India for residential supply, absorption, and pricing (2019–2023).
- Capital-Light Model: Focus on JDAs and society redevelopments reduces land acquisition costs, enhancing margins.
- Promoter Expertise: Anand Kamalnayan Pandit’s 24 years of experience and 3.32 million sq. ft. of development add credibility.
- High-Profile Backing: Pre-IPO investments from celebrities like Shah Rukh Khan, Amitabh Bachchan, and investor Ashish Kacholia at ₹150/share enhance visibility.
Sri Lotus Developers and Realty IPO Risks
- High Competition: Faces competition from large players like Oberoi Realty, Macrotech (Lodha), Sunteck, and Godrej Properties in the premium segment.
- Macroeconomic Risks: Interest rate hikes or GDP slowdowns may delay luxury housing purchases, impacting demand.
- Input Cost Inflation: Rising costs of cement, steel, and labor, combined with reliance on external EPC vendors, may compress margins.
- No GMP Activity: Absence of grey market data as of July 23, 2025, limits visibility on listing gains.
- Price Band Uncertainty: Unannounced price band and lot size may affect investor planning.
Sri Lotus Developers and Realty IPO Review
The Sri Lotus Developers and Realty IPO offers exposure to Mumbai’s booming luxury real estate market, with the company’s 22.11% revenue growth and 91.29% PAT growth from FY24 to FY25 reflecting strong fundamentals. Its capital-light model, focusing on high-margin redevelopment projects in affluent areas like Juhu and Andheri, aligns with Mumbai’s top-ranked residential market status (2019–2023). X posts highlight significant investor buzz, driven by high-profile pre-IPO backers like Shah Rukh Khan, Amitabh Bachchan, and Ashish Kacholia, with the IPO set for July 30–August 1, 2025, and a ₹792 crore fresh issue. The company’s investment in ongoing projects (Amalfi, The Arcadian, Varun) via subsidiaries (₹550 crores) supports future growth. However, risks include intense competition from established players, macroeconomic headwinds, and reliance on external vendors, which could impact margins. The absence of GMP data as of July 23, 2025, and unannounced price band/lot size add uncertainty. The mainboard status and large issue size ensure high visibility, but investors should await pricing details. Long-term investors may find this IPO attractive due to strong financials and Mumbai’s luxury market growth, projected to benefit from 42% urbanization by 2035 and 70 million new middle-class households by 2030. Short-term investors should monitor GMP trends and pricing closer to the opening date.
Recommendation: Suitable for long-term investors with moderate risk tolerance, but consult a financial advisor due to competitive and macroeconomic risks.
How to Apply for Sri Lotus Developers and Realty IPO
Investors can apply through ASBA (Applications Supported by Blocked Amount) or UPI via their bank or brokers like Zerodha, Upstox, or 5Paisa.
Steps to Apply:
- Log in to your demat account or broker’s platform (e.g., Zerodha Console).
- Navigate to the IPO section and select “Sri Lotus Developers and Realty IPO.”
- Enter the number of lots and price (to be announced).
- Provide your UPI ID or bank details for payment.
- Submit the application and approve the UPI mandate.
Check your broker’s IPO application process for detailed instructions.
Sri Lotus Developers and Realty IPO FAQs
When does the Sri Lotus Developers and Realty IPO open and close?
The IPO opens on July 30, 2025, and closes on August 1, 2025.
What is the price band of the Sri Lotus Developers and Realty IPO?
The price band is yet to be announced.
What is the minimum investment for retail investors?
The minimum investment will be confirmed once the lot size and price band are announced.
How can I check the Sri Lotus Developers and Realty IPO allotment status?
Visit the KFin Technologies website (https://kosmic.kfintech.com/ipostatus/), select “Sri Lotus Developers and Realty IPO,” and enter your PAN, application number, or DP Client ID.
What is the GMP of the Sri Lotus Developers and Realty IPO today?
As of July 23, 2025, the GMP is not available, as grey market activity has not started.
Where will the Sri Lotus Developers and Realty IPO be listed?
The IPO will be listed on the BSE and NSE on August 6, 2025.
Also Read: Sellowrap Industries IPO 2025: GMP, Date, Price, Review, Allotment Details
