Sri Lotus Developers & Realty Limited
ListedMainboardReal Estate · NSE / BSE
Sri Lotus Developers and Realty Limited, established in February 2015, is a real estate development company primarily operating in Mumbai, Maharashtra. The company specializes in the redevelopment of ultra-luxury and luxury residential and commercial properties, particularly in the western suburbs of Mumbai. As of November 30, 2024, it has a total developable area of 0.68 million square feet. The company focuses on constructing 2 BHK and 3 BHK flats priced between ₹3 crores and ₹7 crores, as well as larger units such as 3 BHK, 4 BHK, and penthouses priced above ₹7 crores. In the commercial segment, Sri Lotus develops premium office spaces tailored to high-end business requirements. As of the same date, the company has completed 3 projects, is working on 6 ongoing developments, and has 7 upcoming projects in the pipeline.
Price Band
₹140 – ₹150
Issue Size
₹792 Cr
Lot Size
100 shares
GMP
₹27
+18.0%
Est. Listing
₹177
at current GMP
Subscribed
74.08x
overall
Open
30 Jul 2025
Close
1 Aug 2025
Allotment
4 Aug 2025
Refund
5 Aug 2025
Demat Credit
6 Aug 2025
Listing
6 Aug 2025
Last updated 12 days ago
Official Registrar Verification
Sri Lotus Developers & Realty Limited Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
4 Aug 2025
Basis finalization
Refunds Initiate
5 Aug 2025
Mandate release
Demat Credit
6 Aug 2025
Shares in demat
Listing Debut
6 Aug 2025
Trading begins
How to Check Sri Lotus Developers & Realty Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Sri Lotus Developers & Realty Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Sri Lotus Developers & Realty Limited Public Issue & Market Profile
Sri Lotus Developers & Realty Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹792 Crores. The shares are offered at a price band of ₹140 to ₹150 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 100 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-08-06, while un-allotted funds or UPI block mandates will be released on 2025-08-05.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.