π IPO Overview
-
Company Name: Sri Lotus Developers & Realty Ltd
-
Industry: Real Estate (Ultra-luxury & Luxury Residential Projects)
-
Headquarters: Mumbai, Maharashtra
-
IPO Type: Book Built Issue (Fresh Issue only)
-
Issue Size: βΉ792 crore (5.28 crore equity shares)
-
Face Value: βΉ1 per equity share
-
Price Band: βΉ140 β βΉ150
-
Lot Size: 100 shares (Minimum investment βΉ15,000)
πΌ Company Profile
Sri Lotus Developers & Realty Ltd specializes in building high-end residential and commercial properties across Mumbaiβs upscale locations like Bandra, Prabhadevi, and Nepean Sea Road. The companyβs luxurious project portfolio includes:
-
Amalfi β Prabhadevi
-
Arcadian β Bandra
-
Varun β Nepean Sea Road
The company follows an asset-light development model, outsourcing construction while focusing on design, land aggregation, and project management.
π° IPO Objectives
-
β Investment in subsidiaries to fund ongoing/future projects β βΉ550 crore
-
β General corporate purposes
-
β Enhance brand visibility and market standing
ποΈ Key Dates
Event | Date |
---|---|
IPO Opening Date | July 30, 2025 |
IPO Closing Date | August 1, 2025 |
Allotment Finalisation | August 4, 2025 |
Refunds Initiation | August 5, 2025 |
Shares Credited to Demat | August 5, 2025 |
Listing on NSE/BSE | August 6, 2025 |
π IPO Subscription Status
Category | Subscription (Times) |
---|---|
Retail Investors | 20.28Γ |
HNI / NII | 57β58Γ |
QIBs | 163β175Γ |
Total | 69.14Γ |
π Verdict: Massive oversubscription signals extremely bullish investor sentiment.
π Star-Studded Pre-IPO Investors
This IPO garnered celebrity attention with A-list names investing at βΉ150/share:
-
π¬ Shah Rukh Khan Family Trust β 6.75 lakh shares
-
π Amitabh Bachchan β 6.66 lakh shares
-
π₯ Hrithik Roshan & Rakesh Roshan β 70k shares each
-
π Ashish Kacholia (Ace Investor) β 33.3 lakh shares
Estimated listing gains at current GMP (βΉ42β45) may fetch them returns between βΉ29 lakh and βΉ14 crore!
πΉ Grey Market Premium (GMP) Buzz
-
Current GMP: βΉ42β45
-
Expected Listing Price: βΉ187β195
-
Expected Profit per Lot: βΉ4,200 β βΉ4,500
-
Premium Over Issue Price: ~28β30%
π GMP indicates strong demand and potential listing gains.
π Financial Highlights (FY25 Est.)
Metric | Value (βΉ Cr) | Growth/Ratio |
---|---|---|
Revenue | βΉ549.6 | β from βΉ461.6 Cr |
EBITDA | βΉ288.9 | Margin ~52.6% |
PAT | βΉ227.9 | Net Margin ~41.5% |
ROCE | β | ~27.2% |
Debt-to-Equity | β | 0.13x (low) |
PE (post-IPO) | β | 32.2x |
π§ Solid fundamentals and healthy margins position the company well for long-term growth.
π‘ Analyst View β Should You Subscribe?
π§Ύ Pros:
Niche in ultra-luxury segment
Strong brand presence in Mumbai
Low debt and high profit margins
High-profile investor trust
β οΈ Cons:
Valuation slightly premium (PE ~32x)
Sectoral risk due to real estate cyclicality
π’ Recommendation: β “Subscribe for listing gains and long-term value.”
π How to Check Allotment Status?
π§Ύ Investors can check allotment on:
-
Registrar (KFinTech): https://kfintech.comClick Here
-
NSE/BSE Portal: Using PAN/Application ID/DPIDClick Here
π Final Thoughts
Sri Lotus Developers IPO has turned into a market blockbuster with overwhelming investor demand and massive celebrity endorsement. While valuation is on the higher side, the ultra-premium real estate segment, strong financials, and clean balance sheet provide strong fundamentals for a solid
π― If youβve applied, check allotment status today. Listing expected on August 6, 2025.
Sri Lotus Developers and Realty Limited
M&B Engineering IPO Allotment Status
NSDL IPO Allotment Status
Sri Lotus Developers IPO Allotment Status
π Stock Market Disclaimer
Disclaimer: This post is for informational and educational purposes only and does not constitute financial advice or a recommendation to buy/sell any stock or share. Investing in the stock market involves risk. Past performance is not indicative of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.