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Sri Lotus Developers IPO allotment finalised: How to check status online on KFin Technologies, NSE, BSE: listing date here
4 min read | Updated on August 05, 2025, 08:48 IST
SUMMARY
Sri Lotus Developers IPO allotment finalised: The ₹792 crore initial public offering was exclusively a fresh issuance of 5.28 crore shares with no offer for sale (OFS) component. It had fixed a price band of ₹140 to ₹150 per share.
Sri Lotus Developers and Realty Ltd is involved in the construction of residential and commercial premises in Mumbai. | Image: Lotusdevelopers.com
Sri Lotus Developers IPO allotment: The basis of allotment of Sri Lotus Developers and Realty Ltd, which is backed by renowned investor Ashish Kacholia, was finalised on Monday, August 4, 2025.
According to NSE data, the initial public offer attracted bids for 2,74,18,69,400 shares compared to 3,96,58,730 shares on offer, leading to a 69.14 times subscription.
| Category | Reserved | No of Shares Bid For | No of Times |
|---|---|---|---|
| Qualified Institutional Buyers | 1,12,85,714 | 1,84,97,37,200 | 163.90 |
| Non-Institutional Investors | 84,64,286 | 48,84,88,300 | 57.71 |
| Individual Investors | 1,97,50,000 | 40,04,95,100 | 20.28 |
| Total | 3,96,58,730 | 2,74,18,69,400 | 69.14 |
The ₹792 crore initial public offering was exclusively a fresh issuance of 5.28 crore equity shares with no offer for sale (OFS) component. It had fixed a price band of ₹140 to ₹150 per share.
The capital raised will be utilised for investment in its subsidiaries, Tryksha Real Estate Pvt Ltd, Dhyan Projects Pvt Ltd, and Richfeel Real Estate Pvt Ltd, to partially fund the construction and development costs of its ongoing projects, Varun, The Arcadian, and Amalfi, respectively. A part will also be used to serve corporate general purposes.
The Anand Kamalnayan Pandit-promoted real estate company makes commercial and residential premises in Mumbai, Maharashtra, with a focus on redevelopment projects in the ultra-luxury and luxury segments in the western suburbs.
Sri Lotus Developers IPO allotment date and time: When and where to check
Sri Lotus Developers IPO's allotment status was finalised on Monday, August 4, and the details were out on the websites of NSE, BSE (formerly Bombay Stock Exchange), and KFin Technologies.
How to check Sri Lotus Developers IPO allotment status online on KFin Technologies website
- Go to KFin Technologies' allotment page at https://ris.kfintech.com/ipostatus/
- From the five links to view IPO allotment status, click on any one
- Pick 'Sri Lotus Developers and Realty Ltd' from the ‘Select IPO’ dropdown
- Select whether you want to identify yourself using your Demat account number, IPO application number, or PAN
- After the Captcha verification, click on 'Submit'
Steps to check Sri Lotus Developers IPO allotment status online on BSE
- Go to BSE's bid verification URL: https://bseindia.com/investors/appli_check.aspx
- Keep 'Equity' as the issue type
- Select 'Sri Lotus Developers and Realty Ltd' from IPO names
- Enter either PAN details or IPO application number
- Press the 'Search' button
Sri Lotus Developers IPO allotment status online on NSE; check complete steps
- Head to NSE's allotment status portal: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Select ‘Equity & SME IPO bid details’
- Choose 'Sri Lotus Developers and Realty Ltd' under the symbol 'LOTUSDEV'
- Enter your application number and PAN details
- Press 'Submit'
When will Sri Lotus Developers IPO shares be listed?
Shares of Sri Lotus Developers and Realty Ltd will be listed on the NSE and the BSE on Wednesday, August 6.
Sri Lotus Developers IPO GMP
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