SRI LOTUS DEVELOPERS AND REALTY IPO: Promising 2025 Launch

SRI LOTUS DEVELOPERS AND REALTY IPO is a fully book-built issue with a total issue size of ₹792.00 crores. The IPO comprises a fresh issue only—no offer-for-sale component.

The IPO will open for public subscription on July 30, 2025, and will close on August 1, 2025. The anchor investor bidding will take place on July 29, 2025.

The basis of allotment is expected to be finalized by August 4, 2025. Refunds and share credits to demat accounts are likely to be completed by August 5, 2025.

SRI LOTUS DEVELOPERS AND REALTY IPO is expected to list on both BSE and NSE on August 6, 2025.

The price band and lot size details are yet to be announced.

The registrar for this IPO is KFin Technologies Limited. The lead managers to the issue are Monarch Networth Capital Limited and Motilal Oswal Investment Advisors Limited.

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IPO Schedule

IPO Open Date	Wednesday, 30 Jul, 2025
IPO Close Date	Friday, 01 Aug, 2025
IPO Allotment Date	Monday, 04 Aug, 2025
Refund Initiation	Tuesday, 05 Aug, 2025
Share credit in Demat	Tuesday, 05 Aug, 2025
Listing Date	Wednesday, 06 Aug, 2025

Key Details

Price Band	TBA
Lot Size	TBA
Face Value	₹1 Per Equity Share
Total Issue Size	₹792.00 Crores
Fresh Issue	₹792.00 Crores
Issue Type	Fresh Issue
Listing At	BSE, NSE

Share Reservation

Investor Category	Shares Offered
QIB	50%
Retail	35%
NII/HNI	15%

About Sri Lotus Developers And Realty Limited Company

Sri Lotus Developers and Realty Limited is a Mumbai-based real estate developer focused on residential and commercial projects, particularly in the ultra-luxury and luxury segments of the western suburbs. The company aims to build a brand centered around customer satisfaction, creating environments that enhance lifestyles.

For the financial year 2024, Sri Lotus Developers and Realty Limited reported a Revenue from Operations of ₹46.16 crore, a significant increase from previous years. The company's EBITDA stood at ₹15.85 crore, reflecting a strong EBITDA Margin of 34.35%. Profit After Tax reached ₹11.98 crore, with a Profit After Tax Margin of 25.96%. The company's Net Worth for the same period was ₹16.96 crore.

As of November 30, 2024, Sri Lotus Developers and Realty Limited has a developable area of 0.68 million square feet. The company has three Completed Projects, six Ongoing Projects and seven Upcoming Projects.

Sri Lotus Developers And Realty Limited Financial Details

Period Ended	30 Sep 2024	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	1012.74	736.81	486.23	424.52
Revenue	243.43	461.58	166.87	102.58
Profit After Tax	90.45	119.84	16.64	12.92
Net Worth	399.39	170.47	47.64	31.33
Reserves and Surplus	377.83	149.56	28.36	11.69
Total Borrowing	462.18	428.24	328.93	336.13

₹ In Crore

Key Performance Indicator

Basic EPS (in ₹)	Return on Net Worth (RoNW)	Net Asset Value (NAV)	Debt-Equity Ratio	Return on Equity (ROE)	Return on Capital Employed (ROCE)
3.00	70.68%	4.24

Offer Objectives

The company plans to utilize the net proceeds from its issue of equity shares, aggregating to ₹79.20 crore, for several key objectives. A significant portion, ₹55 crore, is earmarked for investment in its subsidiaries: Richfeel Real Estate Private Limited, Dhyan Projects Private Limited, and Tryksha Real Estate Private Limited.

Subsidiary Investments: These funds will be used to part-finance the development and construction costs of ongoing projects, namely Amalfi, The Arcadian, and Varun, respectively. The investment will be structured either through debt or equity, contingent on the requirements of respective facility agreements. The remaining net proceeds will be allocated to general corporate purposes.

General Corporate Purposes: The amount utilized for general corporate purposes shall not exceed 25% of the gross proceeds from the issue.

Implementation Schedule: The estimated deployment schedule anticipates ₹48.70 crore being invested in Fiscal Year 2026 and ₹6.30 crore in Fiscal Year 2027 towards the subsidiary projects. The deployment has not been appraised by any bank or financial institution.

The Company is 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.