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Sri Lotus Developers IPO GMP, Price, Date, Allotment & Listing Details
Sri Lotus Developers is all set to enter the primary market with its much-anticipated IPO. The IPO has generated considerable buzz among investors due to its large issue size, strong real estate portfolio, and projected market potential. Here’s an in-depth look into the Sri Lotus Developers IPO GMP, company background, and whether you should consider investing in it.
1. Introduction
The Sri Lotus Developers IPO is one of the biggest real estate IPOs in 2025, with an issue size of ₹792.00 crores. It consists entirely of a fresh issue of 5.28 crore equity shares. As investor interest surges, the grey market premium (GMP) is also becoming a key indicator of potential listing gains.
2. About the Company
Sri Lotus Developers Limited is a prominent real estate development company focused on residential and commercial projects across major Indian metros. Known for its quality construction and timely delivery, the company has a strong presence in Mumbai, Bengaluru, and Pune.
3. Sri Lotus Developers IPO Details
IPO Opening Date: July 30, 2025
IPO Closing Date: August 1, 2025
Issue Size: ₹792.00 crores (Fresh Issue only)
Price Band: ₹140 to ₹150 per share
Market Lot: 100 Shares
Minimum Investment: ₹14,000
Listing: BSE & NSE
Listing Date (Tentative): August 6, 2025
4. Objects of the IPO
The proceeds from the IPO will be utilized for:
Funding new residential and commercial projects
Land acquisition
Repayment of borrowings
General corporate purposes
5. Business Model & Product Portfolio
Sri Lotus Developers follows a project-based development model with focus on high-rise residential apartments, integrated townships, and commercial IT parks. The company adopts an asset-light strategy by entering joint ventures and partnerships to scale rapidly.
6. Financial Performance (Last 3 Years)
FY2023: Revenue ₹560 Cr | Net Profit ₹72 Cr
FY2024: Revenue ₹715 Cr | Net Profit ₹89 Cr
FY2025 (Provisional): Revenue ₹880 Cr | Net Profit ₹102 Cr
The company has shown consistent growth in both revenue and profitability, which makes the IPO more attractive.
7. IPO Grey Market Premium (GMP) & Listing Estimate
As of the latest reports, the Sri Lotus Developers IPO GMP is trending around ₹38–₹42. This suggests a possible listing price of ₹188–₹192 per share, offering a potential listing gain of over 25%. GMP may fluctuate until listing, so investors should track it regularly for updated signals.
8. Valuation & Peer Comparison
At the upper band of ₹150, the IPO is priced at a P/E of ~16x based on FY25 earnings. In comparison, peers like Oberoi Realty and Godrej Properties are trading at higher P/E multiples (22x–28x), making Sri Lotus reasonably valued.
9. Strengths of the Company
Diversified real estate portfolio
Consistent financial growth
Experienced management team
Strong brand recognition in major cities
10. Weaknesses / Risk Factors
Highly competitive and cyclical real estate sector
Regulatory and legal risks
Dependence on economic and interest rate cycles
High working capital requirement
11. IPO Schedule: Date, Allotment & Listing
Opening Date: July 30, 2025
Closing Date: August 1, 2025
Allotment Date: August 4, 2025
Listing Date: August 6, 2025
12. Lot Size & Investment Limits
Retail Investors: 1 Lot (100 shares) = ₹14,000
sNII (Small HNI): 14 Lots (1,400 shares) = ₹2,10,000
bNII (Big HNI): 67 Lots (6,700 shares) = ₹10,05,000
13. IPO Reservation for Retail, QIB & HNI
Retail Investors: 35%
QIBs: 50%
HNIs (NIIs): 15%
14. Promoters & Shareholding Pattern
The IPO is a fresh issue, so promoter holdings will be diluted. The pre-IPO promoter holding is 98.2%, and post-IPO it will reduce proportionally, providing higher public float and liquidity.
15. FAQs about the IPO
Q. What is the Sri Lotus Developers IPO GMP today?
A. As of the latest data, the GMP is ₹38–₹42.
Q. What is the minimum investment required?
A. ₹14,000 for retail investors (1 lot of 100 shares).
Q. When is the listing date?
A. The tentative listing date is August 6, 2025.
Q. Where will it be listed?
A. On BSE and NSE.
16. Conclusion – Should You Invest?
With a strong real estate footprint, consistent financials, and reasonable valuation compared to peers, the Sri Lotus Developers IPO looks promising for both listing gains and long-term potential. The current Sri Lotus Developers IPO GMP also hints at healthy investor interest. However, as always, do your due diligence and assess your risk profile before applying.