With a stunning 74x oversubscription and strong grey market buzz, all eyes are now on Sri Lotus Developers IPO allotment, which is expected to be finalized today, August 4. Investors are hoping for allotment gains as the listing nears.
📌 IPO Snapshot
| Particular | Details |
|---|---|
| IPO Name | Sri Lotus Developers & Realty Ltd |
| IPO Size | ₹792 crore (Fresh Issue Only) |
| Price Band | ₹140 – ₹150 per share |
| Lot Size | 100 shares (₹14,000 minimum) |
| IPO Dates | July 30 – August 1, 2025 |
| Allotment Date | August 4, 2025 (Expected Today) |
| Listing Date | August 6, 2025 (BSE & NSE) |
| Lead Manager | Motilal Oswal Investment Advisors |
| Registrar | Kfin Technologies Ltd |
📈 Subscription Status (Final)
- Total Oversubscription: 74.09x
- QIBs (Institutions): 175.61x
- Non-Institutional (HNIs): 61.82x
- Retail Category: 21.76x
📌 The IPO saw exceptionally strong demand across all categories, driven by investor interest in premium real estate redevelopment.
💹 GMP (Grey Market Premium) Update
As per media reports (Livemint), the current GMP is ₹37, implying a potential listing price of ₹187 (based on ₹150 upper band) — suggesting a listing gain of approx. 24.67%.
🟡 Note: Grey market data is unofficial and should not be the sole basis for investment decisions.
🔍 How to Check IPO Allotment Status?
You can check the allotment status via any of the following:
✅ Kfin Technologies
- Select “Sri Lotus Developers”
- Enter PAN/Application No./DP ID
- Solve captcha → Click “Submit”
✅ BSE Website
- Issue Type: Equity
- Select Company: Sri Lotus Developers
- Enter PAN & Application No.
- Verify captcha → Click “Search”
✅ NSE (If applicable)
Check status under Application Tracking with PAN or Application No.
🏙️ Business Overview: Sri Lotus Developers & Realty Ltd
Founded in 2015, Mumbai-based Sri Lotus Developers focuses on ultra-luxury and premium redevelopment projects in areas like Bandra, Juhu, Khar, and Santacruz.
- Developable Area: 0.93 million sq. ft (as of June 2025)
- Projects: 4 completed | 6 ongoing | 11 upcoming
- Property Pricing: Residential units from ₹3 Cr+, commercial spaces from ₹7 Cr+
💼 Financial Performance
| FY | Revenue | Net Profit (PAT) | EBITDA Margin |
|---|---|---|---|
| FY23 | ₹169.95 Cr | ₹16.8 Cr | 41% |
| FY25 | ₹569.28 Cr | ₹227.9 Cr | 53% |
🚀 3x revenue growth in 2 years shows robust business fundamentals.
⚠️ Disclaimer
This article is for educational purposes only. Market investments are subject to risk. Consult your financial advisor before acting on any market news.
