Sri Lotus Developers IPO

Sri Lotus Developers IPO

Listed

MainboardOpens 30 July 2025Closes 1 August 2025

Sri Lotus Developers and Realty Limited, incorporated in 2015, is a residential and commercial premises developer in Mumbai, Maharashtra. The company specializes in the Ultra Luxury and Luxury Segments within Mumbai's…

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Price band
₹140.00 - 150.00
Issue size
₹792 Cr
Lot size
100 shares
Type
Mainboard
GMP
₹27 (+18.0%)
Est. listing
₹177
Est. profit / app
₹2,700
Retail quota

Key ratios

As per RHP / filings
Face value
₹1
EPS
4.66
P/E ratio
32.17
RoNW
24.39%
ROE
24.39%
Debt / Equity
0.13
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Timeline

  1. IPO Opens

    30 Jul 2025

  2. IPO Closes

    1 Aug 2025

  3. Allotment

    4 Aug 2025

  4. Listing

    6 Aug 2025

IPO Timeline & Listing Details

EventDate
IPO Open Date30 July 2025
IPO Close Date1 August 2025
Allotment Date4 August 2025
Listing Date6 August 2025

Investment Categories

CategoryLotsAmount
Retail (Min)
1₹15,000
Retail (Max)Just less than ₹2,00,000
13₹1,95,000
SHNI (Min)Just above ₹2,00,000
14₹2,10,000
SHNI (Max)Below ₹10,00,000
66₹9,90,000
BHNIAbove ₹10,00,000
67₹10,05,000

IPO Objectives

  • Investment in the Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of their Ongoing Projects, Amalfi, The Arcadian and Varun, respectively.
  • General corporate purposes.

Strengths

  • They have a strong presence in Mumbai's very high-end luxury residential market, which is a high-demand area.
  • The company has a solid pipeline of 16 upcoming and ongoing projects, ensuring good future sales.
  • Their 'Lotus Developers' brand is well-known and lets them sell properties for about 22% more than others in the area.
  • They use a smart 'asset-light' business model like redevelopments, which cuts costs and speeds up projects.
  • The company is financially very strong with excellent revenue and profit growth in FY25, healthy margins, and low debt.

Weaknesses

  • They are heavily focused on Mumbai's Western Suburbs, making them vulnerable if that specific market faces issues.
  • The company relies a lot on outside contractors, with the top 10 handling over half their project costs, which could lead to risks.
  • Being in real estate, they are always affected by big economic factors like interest rates and government policies, which are out of their control.
  • They have a number of unsold homes from completed and ongoing projects, which might affect their cash flow.
  • The market is very competitive, and their high valuation compared to others means they need to keep growing strongly to justify it.
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Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 202331 Mar 2022
Assets (₹ Cr.)1,218.6736.81486.23424.51
Revenue (₹ Cr.)569.28466.19169.95102.58
PAT (₹ Cr.)227.89119.1416.812.51
Net Worth (₹ Cr.)932.44169.5648.3631.68

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
Sri Lotus Developers7.0132.1724.39%932.44
Arkade Developers Limited4.0723.1417.76%324
Keystone Realtors Limited2.8646.146.2%1,794

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
QIB5.68x9.31x175.61x
NII3.32x17.1x61.82x
S-HNI4.59x23.09x67.21x
B-HNI2.69x14.11x59.13x
RII3.05x9.58x21.76x
EMP3.24x8.46x21.36x
Total3.86x11.1x74.09x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
QIB1,05,33,3341,84,97,37,20027,746.06
NII79,00,00048,83,96,8007,325.95
Small NII26,33,33317,69,89,4002,654.84
Big NII52,66,66731,14,07,4004,671.11
RII1,84,33,33340,11,44,5006,017.17
EMP1,47,05931,41,70047.13
Total3,70,13,7262,74,24,20,20041,136.3
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Company Details

  • Sri Lotus Developers & Realty Ltd.
  • 5th & 6th Floor, Lotus Tower, 1 Jai Hind Society, N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai, Maharashtra-400049
  • +91 7506283400
  • investors@lotusdevelopers.com
  • https://www.lotusdevelopers.com/

Registrar Details

Frequently Asked Questions

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Sri Lotus Developers IPO News & Updates

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Sri Lotus Developers IPO IPO Pages

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Sources

We match Sri Lotus Developers IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Kfin Technologies LimitedOfficial site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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