Sri Lotus Developers And Realty
Mainboard₹N/A / N/A Shares
IPO Details
Sri Lotus Developers And Realty IPO is priced between ₹N/A per equity share, with a face value of ₹1 per share. The company's equity shares will be listed on the Mainboard, and Kfin Technologies Limited is managing the issue as the registrar.
The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for N/A.
The total issue comprises Approx ₹792 Crores, amounting to .
Sri Lotus Developers And Realty IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| TBA - TBA | Invalid Date | ₹1 Per Equity Share | ₹N/A per equity share | - | Shares | - | BSE, NSE |
Sri Lotus Developers And Realty IPO Timeline
Issue Price
₹N/A per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedMarket Lot
N/A Shares (₹N/A/-)Lead Manager
Motilal Oswal Investment Advisors LimitedMonarch Networth Capital LtdIssue Size
Approx ₹792 CroresRetail Portion
35%Subscription
N/A timesIPO Docs
DRHPSri Lotus Developers And Realty IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 736.81 | 466.19 | 119.81 | - | - | - |
| 31 Mar 23 | 486.23 | 169.95 | 16.29 | - | - | - |
| 31 Mar 22 | 424.52 | 103.18 | 12.51 | - | - | - |
All values are in ₹ Cr.
About Company
Company incorporated in February 2015, Sri Lotus Developers and Realty Limited is a residential and commercial property developer based in Mumbai, Maharashtra, with expertise in redevelopment projects for the ultra-luxury and luxury segment of the western suburbs.
As on November 30, 2024, the company owns an area of 0.68 million square feet developable, covering residential and commercial properties.
The developmental interest of the company is, for the most part, centered on ultra-luxury and luxury residential developments, as well as commercial developments, through the following activities:
Construction and development of the flats denoted as 2BHK and 3 BHK, which fall in the range of ₹3 crores to ₹7 crores, fall under the Luxury Residential Segment.
The construction and development of 3BHK and 4 BHK, and flats and penthouses with more than four bedrooms (4+ BHK) rentals pricing is above ₹7 crores. This product is combined with the Luxury Residential Segment
The construction and development of commercial office spaces (Commercial) Segment).
The company has three (3) Completed Projects, six (6) Ongoing Projects and seven (7) Upcoming Projects as of November 30, 2024.
Sri Lotus Developers And Realty IPO - Issue Objectives
- Investment in our Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of our Ongoing Projects, Amalfi, The Arcadian and Varun, respectively
- General corporate purposes.
Sri Lotus Developers And Realty
5th & 6th Floor, Lotus Tower, 1 Jai Hind Society, N S Road No. 12/A, JVPD Scheme, Juhu, Mumbai 400049, Maharashtra IndiaKfin Technologies Limited
Phone: 04067162222, 04079611000
Email: srilotus.ipo@kfintech.com