🏢 Company Overview
Mumbai-based Sri Lotus Developers & Realty Ltd.—backed by top Bollywood celebrities (Shah Rukh Khan Family Trust, Amitabh Bachchan, Hrithik Roshan) and ace investor Ashish Kacholia—recently secured SEBI approval for a fresh equity offering of ₹792 crore via IPO. The company specializes in ultra-luxury redevelopment projects across Mumbai’s western suburbs, targeting premium clientele with high-end residential and commercial offerings.
Business Model & Market Position
- Founded in 2015, the company focuses on redevelopment and joint development projects in upscale neighbourhoods like Bandra, Khar, Santacruz, and Juhu, enabling an asset-light model that minimizes land acquisition expenses.
- As of June 30, 2025, Sri Lotus had achieved a total developable area of ~0.93 million sq. ft., with past projects commanding a premium pricing range of ₹3–7 crore for 2BHK and 3BHK units, including penthouses and commercial spaces.
- The developer claims around 10% market share in Juhu’s ultra-luxury segment, supported by its customer-first design strategy and reputation for high-quality finishes.
Sri Lotus Developers & Realty Ltd. IPO Timetable
| Particular | Date |
| IPO Open Date | 30 July 2025 |
| IPO Close Date | 01 Aug 2025 |
| Allotment Date | 04 Aug 2025 |
| IPO Listing Date | 06 Aug 2025 |
Sri Lotus Developers & Realty Ltd. IPO Details
| Issue Type | Fresh Capital Issue |
| Face Value | Rs. 1 Per Equity Share |
| IPO Price | Rs. 140 to 150 Per Equity Share |
| Market Lot | 100 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 792 Crore. |
Sri Lotus Developers & Realty Ltd. IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 100 | Rs. 15000 |
| Maximum | 13 | 1300 | Rs. 195000 |
| Small HNI (Minimum) | 14 | 1400 | Rs. 210000 |
| Big HNI (Minimum) | 67 | 6700 | Rs. 1005000 |
Sri Lotus Developers & Realty Ltd. IPO Allotment Status
Click Here To Check IPO Allotment Status Sri Lotus Developers & Realty Ltd. IPO
Click Here To Get ASBA Forms Sri Lotus Developers & Realty Ltd. IPO
Company Financials :
| Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Total Assets | 1218.60 | 736.81 | 486.23 |
| Total Revenue | 569.28 | 466.19 | 169.95 |
| Profit After Tax | 227.89 | 119.14 | 16.80 |
Company Promoters:
The promoters of the Company are Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand Pandit.
Objects of this Issue:
- Investment in the Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of their Ongoing Projects, Amalfi, The Arcadian and Varun, respectively
- General corporate purpose
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Sri Lotus Developers & Realty Ltd. 5th & 6th Floor, Lotus Towe 1 Jai Hind Society, N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai, Maharashtra, 400049 Phone: +91 7506283400 Email: investors@lotusdevelopers.com Website: https://www.lotusdevelopers.com | Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: srilotus.ipo@kfintech.com Website: https://kosmic.kfintech.com/ipostatus |
