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IPO Synopsis

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IPO

Sri Lotus Developers & Realty Ltd
Initial public offering of 52,813,724* equity shares of face value of Re. 1 each ("Equity Shares") of the company for cash at a price of Rs. 150.00 per equity share (including a share premium of Rs.149.00 per equity share) ("Issue Price") aggregating to Rs. 792.00 crores^ (the "Issue"). The issue shall constitute 10.81% of the post-issue paid-up equity share capital of the company. The issue includes a reservation of up to 147,058* equity shares aggregating up to Rs. 2.00^ crores (constituting 0.03% of the post-issue paid-up equity share capital of the company) for subscription by eligible employees (the "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("brlms"), offered a discount of 9.33% of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute 10.81%* and 10.78%*, respectively, of the post-issue paid-up equity share capital of the company. The face value of the equity share is Re. 1 each and the issue price is 150 times the face value of the equity shares. *Subject to finalization of basis of allotment ^A discount of up to 9.33 % on the issue price was offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
30-Jul-25 01-Aug-25
Money Payable On
Application Allotment
150.00 0.00
Minimum Application for shares in Nos : 100 Further Multiples of : 100
Cr Lead Managers to the Issue
Project Cost (.Cr) 732.29 Monarch Networth Capital Ltd
Project Financed through Current Offer (.Cr) 792.00  
Post Issue Equity Share Capital (.Cr) 48.87
Issue Price () 150.00
Projects
Investment in its subsidiary Richfeel Real Estate Pvt Ltd, Dhyan Projects Pvt Ltd and Tryksha Real Estate Pvt Ltd for part-funding development and construction cost of its ongoing projects Amalfi the Arcadian and Varun respectivelt
General corporate purposes
Promoted By
Anand Kamalnayan Pandit
Roopa Anand Pandit
Ashka Anand Pandit
Listing At
BSE
NSE
Registrar to the Issue
No Data Available