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Sri Lotus Developers & Realty Ltd IPO

We are a developer of residential and commercial premises in Mumbai, Maharashtra, with a focus in Redevelopment Projects in the Ultra Luxury Segment and Luxury Segment in the western suburbs. Since our establishment, we have aimed at building a brand centred around customer satisfaction, by creating environments that enhance our customers' lifestyles. Our operations are strategically located in Mumbai, one of the biggest real estate markets in India. We are led by our promoter, Anand Kamalnayan Pandit, who has over 24 years of experience in the real estate business.

Sri Lotus Developers & Realty Ltd IPO Details

Total Shares Offered

₹ 5,28,00,000

Offer to Public

TBA

Retail Max (Shares)

₹ 1,84,33,333

Pre Issue Promoters Holding

₹ 40,00,70,600

Exchange

BSE

Issue size

₹ 792 Cr

IPO Open Date

Jul 30, 2025

Close Date

Aug 1, 2025

Lot Size

100

Min Investment

₹ 14,000

Issue Type

Book Building

Listing Date

Aug 6, 2025

Sri Lotus Developers & Realty Ltd IPO Dates

Jul 30, 2025

Opening date

Aug 1, 2025

Closing date

Aug 4, 2025

Basis of Allotment

Aug 5, 2025

Initiation of Refunds

Aug 5, 2025

Credit of Shares

Aug 6, 2025

Listing date

Details

Sector	Type
Sector	Construction
Sub Sector	NA
Issue Type	Book Building

Subscription Status

*Values are in Lakhs

Investor Type	Subscription Times	Shares Offered*	Shares Bid*
QIB	70.24x	26333334	1849737200
NII	61.83x	7900000	488488300
Retail	21.73x	18433333	400495100
Employee	23.62x	133333	3148800
Total	51.93x	52800000	2741869400

Investor Type

QIB

NII

Retail

Employee

Total

Subscription Times

70.24x

61.83x

21.73x

23.62x

51.93x

26333334

7900000

18433333

133333

52800000

1849737200

488488300

400495100

3148800

2741869400

Sri Lotus Developers & Realty Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)

Particulars (in Rs. Crores)	FY23	FY22	FY21
Revenue from operations	-0.01	-1.75	-5.31
EBITDA	-0.01	-1.74	-5.29
PAT	1.98	-1.75	-5.33
Total Assets	251.91	274.49	289.71
Share Capital	20.00	20.00	20.00
Total Borrowings	244.51	265.57	280.22
Operating Activities (Net Cash)	1.98	-1.74	-5.31
Investing Activities (Net Cash)	1.29	0.91	0.16
Financing Activities (Net Cash)	244.51	265.57	280.22
Net Cashflow	7.04	5.10	1.23

About Sri Lotus Developers & Realty Ltd

Our Company was incorporated as AKP Holdings Private Limited, a private limited company under the Companies Act, 2013, pursuant to the certificate of incorporation issued by the Registrar of Companies, Maharashtra at Mumbai (RoC) on February 17, 2015. Subsequently, the name of our Company was changed to AKP Holdings Limited, upon conversion into a public company, pursuant to a board resolution dated November 22, 2024, and a special resolution passed by shareholders dated November 26, 2024, and a fresh certificate of incorporation was issued on December 05, 2024, by the Registrar of Companies, Central Processing Centre. Thereafter, the name of our Company was changed to `Sri Lotus Developers and Realty Limited', pursuant to a board resolution dated December 11, 2024, and a shareholder resolution dated December 12, 2024, and a fresh certificate of change of name was issued on December 16, 2024, by the Registrar of Companies, Central Processing Centre.

India is the fastest-growing major economy in the world and is expected to be one of the top economic powers in the coming decade with the real estate sector along with its ancillary industries being a significant growth driver of the Indian economy. The real estate market in India has grown at a CAGR of approximately 11% from USD 50 billion in 2008 to USD 180 billion in 2020 and is expected to further reach USD 1000 billion by 2030 and touch USD 5800 billion by 2047. By 2025, it is estimated to contribute 13% to the country's GDP. Mumbai is one of the biggest real estate markets in India. It has various micro-markets along with Mumbai City, suburbs, extended suburbs, and neighboring areas such as Thane and Navi Mumbai. In Mumbai, redevelopment plays a crucial role due to the limited availability of land, particularly in the western suburbs. This micro-market faces significant land constraints, making redevelopment a key factor in addressing the demand.

Peer Comparison:

Sri Lotus Developers and Realty Limited
Arkade Developers Limited
Keystone Realtors Limited
Suraj Estate Developers Limited
Sunteck Realty Limited
Mahindra Lifespaces Limited
Hubtown Limited

Sri Lotus Developers & Realty Ltd Key Points

Strengths

Strategic position in the Ultra Luxury Segment and Luxury Segment of the residential real estate market of Western Suburbs of Mumbai with a customer centric focus and strong pipeline of projects.

Asset-light model for development of projects through development agreements, enabling us to maintain high level of cash flow generated from operating activities.

End to end capabilities and timely completion of projects.

Experienced Promoters and management team.

Risk

Its business is dependent on the performance of, and the conditions affecting, the real estate micro markets with high geographical concentration in the Western Suburbs of Mumbai. As of June 30, 2025, all ongoing projects and most of the company's upcoming projects are in the Western Suburbs of Mumbai. Consequently, the company is exposed to risks from economic, regulatory and other changes as well as natural disasters in the Western Suburbs of Mumbai, which in turn may affect our ability to ensure sale of projects and pricing of units in such projects.

Inability to complete its Ongoing Projects and Upcoming Projects by their respective expected completion dates or at all could have a material adverse effect on the company business, results of operations and financial condition.

As of June 30, 2025, the company has 85 unsold units in the Completed Projects and 167 unsold units in its Ongoing Projects. If its not able to sell the company project inventories in a timely manner, then it may adversely affect its business, results of operations and financial condition.

Strategy

Strengthening our position in the Ultra Luxury Segment and Luxury Segment in western suburbs of Mumbai.

Enhanced focus on our asset-light model.

Expand into the micro-markets in the south central and eastern regions of Mumbai and other regions of western Mumbai.

Continue to selectively develop Commercial Projects in Mumbai region.

Focus on enhancing our brand visibility and reputation through development of quality real estate projects.

How To Apply for Sri Lotus Developers & Realty Ltd IPO Online?

Step 1:

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From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Sri Lotus Developers & Realty Ltd IPO?

Sri Lotus Developers & Realty Ltd's IPO offers shares for up to 792 It begins on Jul 30, 2025 and ends on Aug 1, 2025.

What is the price of the Sri Lotus Developers & Realty Ltd IPO?

The price of Sri Lotus Developers & Realty Ltd IPO ranges between ₹140 to ₹150 per share.

What are the open and close dates for the Sri Lotus Developers & Realty Ltd IPO?

The Sri Lotus Developers & Realty Ltd IPO opens on Jul 30, 2025 and closes on Aug 1, 2025.

When will the Sri Lotus Developers & Realty Ltd IPO be allotted?

The allotment for the Sri Lotus Developers & Realty Ltd IPO will be finalised on Aug 4, 2025. The shares will be listed on BSE and NSE on Aug 6, 2025.

What is the minimum lot size required for Sri Lotus Developers & Realty Ltd IPO?

The minimum lot size for Sri Lotus Developers & Realty Ltd IPO is 100 shares, priced between ₹140 to ₹150 per share.

What is the GMP of Sri Lotus Developers & Realty Ltd IPO?

The GMP (Grey Market Premium) of Sri Lotus Developers & Realty Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Sri Lotus Developers & Realty Ltd IPO?

To check the allotment status of Sri Lotus Developers & Realty Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Sri Lotus Developers & Realty Ltd IPO getting listed?

The Sri Lotus Developers & Realty Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 30, 2025, and closes on Aug 1, 2025. The allotment is finalised on Aug 4, 2025.

How do you apply for the Sri Lotus Developers & Realty Ltd IPO?

To apply for the Sri Lotus Developers & Realty Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.