
Real 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹150
Band: ₹140 – ₹150
Estimated Listing Price
₹177
Upper price + GMP
Lot Size
100 shares
Min investment ₹15,000
Estimated Profit / Lot
₹2,700
100 × ₹27
Grey Market Premium trend
—
▲ 0 today
Updated 11 months ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 18 Jul 2025 | — | 0.0% | ₹150 |
| 22 Jul 2025 | — | 0.0% | ₹150 |
| 23 Jul 2025 | +₹56 | 37.3% | ₹56 |
| 24 Jul 2025 | +₹35 | 23.3% | ₹185 |
| 25 Jul 2025 | +₹30 | 20.0% | ₹180 |
| 26 Jul 2025 | +₹32 | 21.3% | ₹182 |
| 28 Jul 2025 | +₹40 | 26.7% | ₹190 |
| 29 Jul 2025 | +₹44 | 29.3% | ₹194 |
| 30 Jul 2025 | +₹44 | 29.3% | ₹194 |
| 31 Jul 2025 | +₹42 | 28.0% | ₹192 |
| 1 Aug 2025 | +₹42 | 28.0% | ₹192 |
| 2 Aug 2025 | +₹37 | 24.7% | ₹187 |
| 4 Aug 2025 | +₹37 | 24.7% | ₹187 |
| 5 Aug 2025 | +₹39 | 26.0% | ₹189 |
| 6 Aug 2025 | +₹27 | 18.0% | ₹177 |
| 7 Nov 2025 | +₹27 | 18.0% | ₹177 |
| 12 Nov 2025 | +₹27 | 18.0% | ₹177 |
| 24 Nov 2025 | +₹27 | 18.0% | ₹177 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Sri Lotus Developers & Realty Limited IPO is ₹27, which indicates an expected listing price of ₹177.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.