Aditya Infotech IPO scheduled to open on July 30, 2025, Sri Lotus Developers And Realty IPO will close on August 1, 2025. The basis of allotment will be finalized on August 4, refunds will be processed on August 5, and shares will be credited to demat accounts the same day. The listing is expected on BSE and NSE on August 6, 2025.
This is a Book Build Issue IPO worth ₹792 crores, comprising a fresh issue of 5.28 crore shares. The price band is set at ₹140 to ₹150 per share, with a minimum lot size of 100 shares requiring a retail investment of ₹14,000. For sNII, the minimum application is 14 lots (₹2,10,000), and for bNII, it is 67 lots (₹10,05,000). The IPO allocation is 35% for retail investors, 50% for QIBs, and 15% for HNIs.
The company reported a revenue of ₹569.28 crores and a profit of ₹227.89 crores in FY 2025, showing strong growth from FY 2024, making it an attractive option for long-term investors.
Overview of Contents
About Sri Lotus Developers IPO
Sri Lotus Developers and Realty Limited, established in February 2015, is a Mumbai-based real estate developer known for its focus on luxury and ultra-luxury residential and commercial redevelopment projects in the city’s western suburbs. As of June 30, 2025, the company boasts a total developable area of 0.93 million sq. ft., comprising both residential and commercial spaces. It primarily focuses on constructing 2BHK and 3BHK flats priced between ₹3 to ₹7 crores under the “Luxury Residential Segment”, and high-end 3BHK, 4BHK, and penthouses priced above ₹7 crores under the “Ultra-Luxury Segment”.
The company also develops premium commercial office spaces. With 4 completed, 5 ongoing, and 11 upcoming projects, Sri Lotus has built a solid reputation in the Mumbai real estate market. Its key strengths include a strong presence in the high-end market, an asset-light development model through joint agreements, the ability to sell at premium rates during the construction phase, in-house execution capabilities for timely delivery, and a seasoned leadership team driving consistent growth.
Sri Lotus Developers IPO Overview
| IPO Details | Information |
|---|---|
| Face Value | ₹1 per equity share |
| Issue Price Band | ₹140 to ₹150 per share |
| Lot Size | 100 shares |
| Total Issue Size | 5,28,00,000 shares (Approx ₹792 Crores) |
| Type of Issue | Book Building IPO |
| Offer Type | Fresh Issue Only |
| Listing At | BSE and NSE |
| Retail Investor Quota | Not more than 35% |
| QIB Quota | Not more than 50% |
| NII Quota | Not more than 15% |
| Employee Discount | ₹14 per share |
| Pre-Issue Shareholding | 43,59,09,986 shares |
| Post-Issue Shareholding | 48,87,09,986 shares |
Sri Lotus Developers IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Sri Lotus Developers IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | July 30, 2025 – Wednesday |
| IPO Close Date | August 1, 2025 – Friday |
| Basis of Allotment | August 4, 2025 – Monday |
| Refunds Initiation | August 5, 2025 – Tuesday |
| Shares Credited to Demat | August 5, 2025 – Tuesday |
| IPO Listing Date | August 6, 2025 – Wednesday |
Sri Lotus Developers IPO Lot Size
| Category | Lots | Shares | Investment Amount (Approx) |
|---|---|---|---|
| 🧍♂️ Retail (Minimum) | 1 | 100 | ₹15,000 |
| 🧍♂️ Retail (Maximum) | 13 | 1,300 | ₹1,95,000 |
| 💼 S-HNI (Minimum) | 14 | 1,400 | ₹2,10,000 |
| 💼 S-HNI (Maximum) | 66 | 6,600 | ₹9,90,000 |
| 🏢 B-HNI (Minimum) | 67 | 6,700 | ₹10,05,000 |
Promoter Holding of Sri Lotus Developers IPO
The promoters of Sri Lotus Developers Limited are Anand Kamalnayan Pandit, Roopa Anand Pandit, and Ashka Anand Pandit. Before the IPO, the promoter group holds about 91.78% of the company’s total shareholding. After the public issue, their holding will be reduced, but they will still remain the main guiding force behind the company. This shows that the promoters have strong involvement and confidence in the business, even after going public.
Sri Lotus Developers IPO Financial Performance
| Particulars | FY 2022-23 | FY 2023-24 | FY 2024-25 |
|---|---|---|---|
| Revenue from Operations | 169.95 | 466.19 | 569.28 |
| EBITDA | 20.84 | 158.55 | 288.97 |
| Profit After Tax (PAT) | 16.80 | 119.14 | 227.89 |
| Net Worth | 48.36 | 169.56 | 932.44 |
| Reserves & Surplus | 28.32 | 149.60 | 888.93 |
| Total Assets | 486.23 | 736.81 | 1,218.60 |
| Total Borrowings | 328.93 | 428.24 | 122.13 |
Sri Lotus Developers and Realty Ltd. IPO Valuation – FY2025
| Valuation Metric | Value |
|---|---|
| Return on Equity (ROE) | 24.39% |
| Return on Capital Employed (ROCE) | 27.22% |
| EBITDA Margin | 52.57% |
| Profit After Tax (PAT) Margin | 41.46% |
| Debt to Equity Ratio | 0.13 |
| Earnings Per Share (EPS) | ₹5.51 (Basic) |
| Price to Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 24.39% |
| Net Asset Value (NAV) | ₹21.39 |
Object of the Issue
- Investment in Richfeel Real Estate Private Limited for part-funding the development and construction of the Amalfi project.
- Investment in Dhyan Projects Private Limited for part-funding the development and construction of The Arcadian project.
- Investment in Tryksha Real Estate Private Limited for part-funding the development and construction of the Varun project.
- For general corporate purposes.
Sri Lotus Developers And Realty IPO Review
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Sri Lotus Developers And Realty IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: srilotus.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Motilal Oswal Investment Advisors Limited
- Monarch Networth Capital Ltd
Company Address
Sri Lotus Developers And Realty Limited
5th & 6th Floor, Lotus Towe
1 Jai Hind Society, N S Road No. 12/A,
JVPD Scheme, Juhu,
Mumbai, Maharashtra, 400049
Phone: +91 7506283400
Email: investors@lotusdevelopers.com
Website: https://www.lotusdevelopers.com/
Sri Lotus Developers IPO FAQs
What is the opening date of Sri Lotus Developers IPO?
The IPO will open on July 30, 2025.
What is the closing date of Sri Lotus Developers IPO?
The IPO will close on August 1, 2025.
What is the listing date of Sri Lotus Developers IPO?
Shares are expected to be listed on August 6, 2025.
What is the price band of Sri Lotus Developers IPO?
The price band is ₹150 per share.
What is the lot size of Sri Lotus Developers IPO?
The minimum lot size is 100 shares.
Who are the promoters of Sri Lotus Developers & Realty Ltd.?
The promoters are Anand Kamalnayan Pandit, Roopa Anand Pandit, and Ashka Anand Pandit.
What is the face value of Sri Lotus Developers shares?
The face value is ₹10 per equity share.
What is the minimum investment for retail investors?
Retail investors need to invest a minimum of ₹15,000 (1 lot of 100 shares).
What are the financials of the company?
As of FY 2025, the company reported a revenue of ₹569.28 Cr and PAT of ₹227.89 Cr, with strong year-on-year growth.
Where will the IPO be listed?
The IPO will be listed on the NSE SME platform.