| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹792.00 Cr |
| Fresh Issue | ₹792.00 Cr |
| Face Value | βΉ1 Per Equity Share |
| Price Band | βΉ140.00-150.00 per share |
| Discount | Employee: 14.00 |
| BSE Code | 544469 |
| NSE Code | LOTUSDEV |
| Registrar | Kfin Technologies Ltd. |
| Lead Managers | Motilal Oswal Investment Advisors... |
| Allotment Status | |
| DRHP | |
| RHP | |
| Final Prospectus | |
| Anchor List |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
Minimum bid: 100 shares and in multiples thereof
Incorporated in February 2015, Sri Lotus Developers and Realty Limited is a developer of residential and commercial properties located in Mumbai, Maharashtra, specializing in redevelopment projects within the ultra-luxury and luxury segments of the western suburbs.
As of June 30, 2025, the company possesses a developable area of 0.93 million square feet, encompassing residential and commercial properties.
The company's developmental focus is primarily directed towards ultra-luxury and luxury residential properties, in addition to commercial properties, through the following initiatives:
As of June 30, 2025, the company has four (4) Completed Projects, five (5) Ongoing Projects and eleven (11) Upcoming Projects.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Investment in the Subsidiaries, Richfeel Real Estate Pvt.Ltd., Dhyan Projects Pvt.Ltd. and Tryksha Real Estate Pvt.Ltd. for part-funding development and construction cost of their Ongoing Projects, Amalfi, The Arcadian and Varun, respectively | 550.00 |
| 2 | General Corporate Purposes | 182.29 |
| 3 | Issue Expenses | 59.71 |
| Total | 792.00 |
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 1,218.60 | 736.81 | 486.23 |
| Total Income | 569.28 | 466.19 | 169.95 |
| Profit After Tax | 227.89 | 119.14 | 16.80 |
| EBITDA | 288.97 | 158.55 | 20.84 |
| NET Worth | 932.44 | 169.56 | 48.36 |
| Reserves and Surplus | 888.93 | 149.60 | 28.32 |
| Total Borrowing | 122.13 | 428.24 | 328.93 |
| Amount in ₹ Crore | |||
| KPI | Mar 31, 2025 |
|---|---|
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 5.23 | 4.66 |
| P/E (x) | 28.69 | 32.17 |
| Promoter Holding | 91.78% | 81.86% |
| Market Cap | βΉ7330.65 Cr. | |