Sri Lotus Developers & Realty Limited IPO
Sri Lotus Developers IPO is of ₹792.00 crores, priced between ₹140 to ₹150 per share. This IPO will be a fresh issue worth 5.28 crore shares, available to subscribe on 30th July, 2025 and will be closed on 1st August, 2025. Any applicant including retail investors, can apply for a minimum of 100 shares worth ₹14,000. The minimum investment required by sNII for an application is for 1400 shares of ₹2,10,000 and bNII can apply for a minimum of 6700 shares worth ₹10,05,000. The listing of the IPO on BSE and NSE is expected to be on 6th August, 2025, with the allotment to be finalized by 4th August, 2025.
Company Background
The company originally started as AKP Holdings Private Limited in 2015 and later named itself Shri Lotus Developers and Realty Limited in 2024. Sri Lotus Developers mainly works on providing luxurious residential spaces as well as corporate offices. They manage the entire real estate process for their clients from concept design to completion, equipped with modern design, community facilities and amenities. With the completion of a significant number of projects, Shri Lotus Developers also has a large pipeline of upcoming projects.
Operations & Product Range
Facility and Production
The company mainly focuses on three sorts of projects—joint development ventures, greenfield development and redevelopment by agreements with housing societies and landowners. Shri Lotus developers have a record of completion of 3.99 million square feet of projects and the development firm currently has a pipeline of more than 3.8 million square feet of upcoming projects. With a strong focus on quality, luxury and efficiency, the company has plans to expand its reach to the south, central and eastern suburbs.
Brand and Market Presence
Shri Lotus Developers has a prevalent market presence with the support of celebrity investors such as Mr. Shah Rukh Khan, Mr. Amitabh Bachchan, Mr. Hrithik Roshan and various others. The Juhu located company has developed various high-end luxury-oriented residences such as Ananya, Anaya, Sorrento and The Lotus Tower and is coming up with more such areas such as The Arcadian and Amalfi in Mumbai.
Revenue Channels
Revenue channels of Shri Lotus Developers and Realty Limited are -
- 1. Sales of luxury residential property, such as 2BHK, 3BHK and penthouses, cost about ₹3 crores to ₹7 crores.
- 2. The company works on an asset-light business model leveraging redevelopment projects that help with strong cash flow and efficiency in acquiring capital.
- 3. The operation of subsidiaries such as Richfeel Real Estate, Dhyan Projects and Tryksha Real Estate also helps provide revenue in order to fund various projects.
- 4. Luxury development-focused projects for high-net-worth individuals based in Mumbai also act as one of the prevalent revenue channels for the company.
Management & Shareholding
Promoters and Shareholders
The promoters of the Shri Lotus Developers IPO are Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand, who hold about a 91.78% stake in the company, which is expected to be diluted to 81.86% post-listing.
Board Members
The board members include various Executive as well as Non-Executive members with managerial expertise, such as
- • Anand Kamalnayan Pandit (Chairman and Managing Director)
- • Roopa Anand Pandit (Non-Executive and Non-Independent Director)
- • Ashka Anand Pandit (Whole-time Director)
- • Madhukant Sanghvi (Independent Director)
- • Ved Prakash Bhardwaj (Independent Director)
- • Priti Desai (Independent Director)
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Sri Lotus Developers & Realty Limited IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Sri Lotus Developers & Realty Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | July 30, 2025 to August 1, 2025 |
| Listing Date | [.] |
| Face Value | ₹1 per share |
| Issue Price Band | ₹140 to ₹150 per share |
| Lot Size | 100 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 5,28,00,000 shares (aggregating up to ₹792.00 Cr) |
| Employee Discount | ₹14.00 |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 43,59,09,986 shares |
| Share Holding Post Issue | 48,87,09,986 shares |
Sri Lotus Developers & Realty Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wed, Jul 30, 2025 |
| IPO Close Date | Fri, Aug 1, 2025 |
| Tentative Allotment | Mon, Aug 4, 2025 |
| Initiation of Refunds | Tue, Aug 5, 2025 |
| Credit of Shares to Demat | Tue, Aug 5, 2025 |
| Tentative Listing Date | Wed, Aug 6, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 1, 2025 |
Sri Lotus Developers & Realty Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 100.00 | ₹15,000 |
| Retail (Max) | 13 | 1,300.00 | ₹1,95,000 |
| S-HNI (Min) | 14 | 1,400 | ₹2,10,000 |
| S-HNI (Max) | 66 | 6,600 | ₹9,90,000 |
| B-HNI (Min) | 67 | 6,700 | ₹10,05,000 |
Sri Lotus Developers & Realty Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 91.78% | 81.86% |
Competitive Strength:
- 1. The company has experience in providing ultra-luxurious developed areas to high-profile clients with a large pipeline of future projects.
- 2. A well-established brand presence equipped with the skill of selling at premium prices.
- 3. Gaining high levels of cash flow through their asset-light model, helping them to leverage the redevelopment of properties.
- 4. A managerial team with expertise in the growing industry and the ability to complete the projects.
Sri Lotus Developers & Realty Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 1,218.60 | 569.28 | 227.89 | 932.44 | 122.13 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 736.81 | 466.19 | 119 | 170 | 428.24 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 486.23 | 169.95 | 16.8 | 48.36 | 328.93 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 24.39% |
| ROCE | 27.22% |
| Debt/Equity | 0.13 |
| RoNW | 24.39% |
| PAT Margin | 41.46% |
| EBITDA Margin | 52.57% |
| Price to Book Value | 7.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.23 | 4.66 |
| P/E (x) | 28.69 | 32.17 |
Objectives of Shri Lotus Developers IPO
Proceeds gained from the IPO listing will be utilized by the firm to invest in its subsidiaries, Richfeel Real Estate, Dhyan Project and Trykhsa Real Estate to cover the construction cost of The Arcadian, Amalfi and Varun. The remaining amount will be used to provide capital for general corporate functioning.
Conclusion
Shri Lotus Developers IPO is giving a chance to future investors to take part in a growth-oriented company with 3.8 million square feet of pipeline for upcoming projects. The company provides an opportunity for real estate investors to own shares of a company backed by high-profile celebrities like Amitabh Bachchan and Shah Rukh Khan. The upcoming IPO will increase Shri Lotus Developer’s presence across the real estate market of India.
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Frequently asked Questions (FAQs )
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1. What is the issue size and Price of the Shri Lotus Developers IPO?
- Sri Lotus Developers IPO is of ₹792.00 crores, priced between ₹140 to ₹150 per share.
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2. When will the IPO become available for subscription?
- The IPO is available to subscribe on 30th July, 2025 and will be closed on 1st August, 2025.
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3. Who are the promoters of Shri Lotus Developers?
- The promoters of Shri Lotus Developers IPO are Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand.
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4. What is the minimum investment required by retail investors?
- Retail investors can apply for a minimum of 100 shares worth ₹14,000.
