Sri Lotus Developers IPO Allotment Finalised: Refunds, Listing Date, and Proceeds Use
Oversubscribed 69x, Sri Lotus Developers IPO allotment is out. Check allotment status online, refund schedule, and BSE/NSE listing date.
Sri Lotus Developers IPO Allotment Today: Check Status on BSE, NSE, and Kfin Tech
The allotment of shares for the Sri Lotus Developers & Realty Ltd IPO is expected to be finalised today, following an extraordinary investor response that saw the issue oversubscribed more than 69 times.
The mainboard IPO, valued at ₹792 crore, comprised a fresh issue of 5.28 crore equity shares. It was open for subscription between July 30 and August 1, 2025, with a price band set at ₹140–₹150 per share.
📊 Strong Investor Response
The IPO received bids for more than 274.25 crore shares, against just 3.96 crore shares available.
♦ Qualified Institutional Buyers (QIBs) led the charge, subscribing a staggering 163.90 times.
♦ Non-Institutional Investors (NIIs) subscribed 57.71 times.
♦ Retail investors booked the issue 20.28 times.
Such high demand highlights strong confidence in the company’s growth outlook, particularly in Mumbai’s premium real estate market.
🖥️ How to Check Sri Lotus Developers IPO Allotment
On BSE Website:
1. Visit the BSE IPO Allotment Page.
2. Select ‘Equity’ as the issue type.
3. Choose ‘Sri Lotus Developers & Realty Ltd’ from the dropdown.
4. Enter your Application Number or PAN.
5. Click ‘Search’ to view your allotment details.
On Kfin Technologies Website:
1. Go to the Kfin Technologies IPO Allotment Page.
2. Select any of the available links.
3. From the dropdown, choose ‘Sri Lotus Developers & Realty’.
4. Enter your PAN, Application Number, or DP/Client ID.
5. Click ‘Submit’ to check allotment status.
On NSE Website:
Investors can also verify their allotment using their PAN and application number on the NSE IPO Status Portal.
📅 Refunds, Demat Credit, and Listing Date
♦ Refund Initiation & Demat Transfer: August 5, 2025
♦ Expected Listing on BSE & NSE: August 6, 2025
🏗️ About Sri Lotus Developers
Incorporated in 2015, Sri Lotus Developers & Realty Ltd is a Mumbai-based real estate developer specializing in ultra-luxury and luxury residential projects, primarily through redevelopment in the city’s western suburbs.
The IPO proceeds will be used to fund investments in subsidiaries:
♦ Richfeel Real Estate Pvt. Ltd
♦ Dhyan Projects Pvt. Ltd
♦ Tryksha Real Estate Pvt. Ltd
A portion will also be directed toward general corporate purposes.
With its focus on premium housing and ongoing high-end projects, the company is positioning itself as a key player in Mumbai’s growing luxury real estate market.
