Sri Lotus Developers And Realty Limited IPO

Sri Lotus Developers And Realty Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹140 - ₹150

Total Issue

₹792.00 Cr

Bid Dates

30 Jul - 01 Aug

Subscription

69.14x

Est. GMP

₹33 (22.00%)

Website RHP Check Allotment

Tentative Timetable

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Sri Lotus Developers and Realty Limited is a Mumbai-based real estate developer focused on residential and commercial redevelopment projects in the Ultra Luxury and Luxury segments, primarily in the city’s western suburbs. With operations rooted in one of India’s largest real estate markets, the company emphasizes customer satisfaction and lifestyle enhancement through its developments. It is led by promoter Anand Kamalnayan Pandit, who brings over 24 years of industry experience.

Lot Info

Lot Information for Sri Lotus Developers IPO
Category 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

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
Rs. 2 Cr
Shareholder
NA

Issue Size

Total ₹792.00 Cr
Fresh Issue
₹792.00 Cr (5.28 Cr Shares)
Offer For Sale
₹0.00 (0.00 Shares)

Objects of Issue

  1. Investment in our Subsidiaries for part-funding development and construction cost of our ongoing projects
  2. General corporate purposes

Grey Market Premium

GMP ₹33
Est. Price ₹183
Est. Gain 22.00%

Sri Lotus Developers IPO Peer Comparison

(Rs. in crores)

Sri Lotus Developers IPO Peer Comparison Table
Particulars Sri Lotus Developers Arkade Developers Keystone Realtors Suraj Estate Sunteck Realty Mahindra Lifespaces Hubtown
Revenue from Ops (in Crs.) 549.68 683.10 2,004.10 549.09 853.13 372.27 408.47
PAT (In Crs.) 227.89 156.93 188.13 100.15 150.32 61.36 45.91
EPS - Basic 5.51 9.25 13.85 21.80 10.26 3.95 4.39
NAV per share 21.39 47.60 219.95 195.08 222.54 122.26 177.60
RONW 24.39% 17.76% 6.20% 11.10% 4.61% 3.23% 1.93%
EBITDA 52.57% 30.17% 10.74% 36.91% 21.78% -45.63% 28.45%
PAT Margin 41.46% 22.97% 9.39% 18.24% 17.62% 16.48% 11.24%
Price to earning (PE) 27.22 22.03 48.18 14.91 43.26 91.43 68.20
Debt to Equity 0.13 0.13 0.33 0.51 0.12 0.76 0.33
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 10, 2025 for Peers

Financial Performance

(Rs. in crores)

Financial Performance Metrics for Sri Lotus Developers IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 549.68 461.58 166.87
Profit after Tax 227.89 119.81 16.29
Share Capital 43.59 20.00 20.00
Net Worth 932.44 169.56 48.36
Total Borrowing 122.13 428.24 328.93
Total Assets 1,218.60 736.81 486.23
NAV per share (in Rs.) 21.39 4.24 1.21
EPS - Basic (in Rs.) 5.51 3.00 0.42

KPIs

EBITDA

52.57%

PAT

41.46%

ROE

24.39%

ROCE

27.22%

Debt to Equity

0.13

PE Ratio

27.22

PB Ratio

7.01

Mkt Cap (in Crs.)

7,330.65

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Shareholding

Promoter

91.78%

Public

8.22%

Anand Kamalnayan Pandit 80.75%
Other Promoter 11.02%

Management

Anand Pandit Chairman & MD
Sanjay Jain CEO
Rakesh Gupta CFO

Registrar & Lead Managers

Registrar

KFin Technologies

KFin Technologies

Subscription Status

Updated as on 01-Aug-2025 19:00:00

Mainboard Subscription Status for Sri Lotus Developers IPO
Category Sub (x) Offered Bids
QIB 175.61 1,05,33,334 1,84,97,37,200
NII 61.83 79,00,000 48,84,88,300
bHNI 59.13 52,66,667 31,14,07,400
sHNI 67.25 26,33,333 17,70,80,900
Retail 21.73 1,84,33,333 40,04,95,100
Employee 21.41 1,47,059 31,48,800
Total 74.08 3,70,13,726 2,74,18,69,400

Frequently Asked Questions

What is Sri Lotus Developers IPO?
Sri Lotus Developers IPO is a Mainboard IPO having an issue size of ₹792.00 Crs. Sri Lotus Developers IPO is priced at ₹140 - ₹150 per share. The issue opens on 30 Jul 25 and closes on 01 Aug 25.
When will Sri Lotus Developers IPO open?
Sri Lotus Developers IPO opens on 30 Jul 25 and closes on 01 Aug 25.
What is the GMP of Sri Lotus Developers IPO?
The estimated Grey Market Premium of Sri Lotus Developers IPO is ₹33 per share (22.00%).
What is the lot size of Sri Lotus Developers IPO?
The minimum lot size of Sri Lotus Developers IPO is 100 shares & the minimum application amount is Rs. 15000.
When is the allotment of Sri Lotus Developers IPO?
The allotment date of Sri Lotus Developers IPO is 04 Aug 25.
What is the listing date of Sri Lotus Developers IPO?
The listing date of Sri Lotus Developers IPO is 06 Aug 25.
What is the subscription of Sri Lotus Developers IPO?
Sri Lotus Developers IPO is subscribed 69.14 times.
What is the price band of Sri Lotus Developers IPO?
Sri Lotus Developers IPO is priced at ₹140 - ₹150 per share.
How to check allotment status of Sri Lotus Developers IPO?
Click the allotment link on Sri Lotus Developers IPO page of IPO360.
How to apply Sri Lotus Developers IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Sri Lotus Developers IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Sri Lotus Developers IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Sri Lotus Developers IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date