
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
Overall Subscription
74.08x
Total Demand
QIB Multiplier
175.61x
Institutions & Funds
NII / HNI
61.83x
High Net-Worth
Retail (RII)
21.73x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 10,533,334 | 1,849,737,200 | 175.61x |
| NIB | 7,900,000 | 488,488,300 | 61.83x |
| HNIs(10L +) | 5,266,667 | 311,407,400 | 59.13x |
| HNIs (2-10L) | 2,633,333 | 177,080,900 | 67.25x |
| RETAIL | 18,433,333 | 400,495,100 | 21.73x |
| EMPLOYEES | 147,059 | 3,148,800 | 21.41x |
| Total | 44,913,726 | 3,230,357,700 | 74.08x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 184,333 | 3,293,843 | 17.87x |
| HNIs(10L +) | 3,762 | 43,051 | 11.44x |
| HNIs (2-10L) | 1,881 | 121,010 | 64.33x |
| EMPLOYEE | — | 22,554 | 0.00x |
| Total Applications | 189,976 | 3,480,458 | 18.32x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Sri Lotus Developers & Realty Limited IPO is ₹27 per equity share. Based on the upper price band of ₹140 to ₹150 per equity share, the estimated listing price is ₹177 (+18.0% expected listing gain).
With a lot size of 100 shares and current GMP of ₹27, the expected profit per application lot is approx ₹2,700 (+18.0% gain). Minimum application cost is approx ₹15,000.
The Sri Lotus Developers & Realty Limited IPO aggregate issue size is ₹792 Crores with an equity price band set at ₹140 to ₹150 per equity share. The retail lot size is 100 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 74.08x (Retail: 21.73x, QIB: 175.61x, NII: 61.83x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2025-08-04. Investors can verify status using PAN card or application number.
Sri Lotus Developers & Realty Limited shares are scheduled to list on NSE and BSE on 2025-08-06.