IPO SYNOPSIS

Sri Lotus Developers & Realty Ltd
Registered Office:
5 & 6th Flr Lotus Tower 1 Jain,Hind Society N S Rd 12/A JVPD,
Mumbai - 400049,
Maharashtra, India.
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 (₹) 150.00 per equity share (including a share premium of (₹)149.00 per equity share) ("Issue Price") aggregating to (₹) 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 (₹) 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.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
30-Jul-25
01-Aug-25
150.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 100     Further Multiples of : 100
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
732.29
Monarch Networth Capital Ltd
Project Financed
792.00
 
Post Issue
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
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