Archive · 24 Jul 2025
Sri Lotus Developers IPO Opens July 30 with Price Band Set
Sri Lotus Developers is selling shares to the public for the first time.
This is called an IPO.
The price of each share will be between ₹140 and ₹150.
People can buy these shares starting July 30.
The company hopes to raise ₹792 crore, using ₹550 crore to build houses.
The shares will be available to buy until August 1.
If you buy the shares, you might be able to sell them on the stock market starting August 6.
Sri Lotus Developers IPO opens July 30, with price band set at ₹140-150.
The IPO aims to raise ₹792 crore through a new issue of shares.
₹550 crore will fund construction expenses of ongoing projects.
Subscription opens July 30 and closes August 1.
Listing on BSE and NSE is expected on August 6.
- Who
- Sri Lotus Developers.
- What
- Sri Lotus Developers is launching an IPO.
- When
- Subscription opens July 30 and closes August 1; shares expected to list on August 6.
- Where
- Shares will be listed on BSE and NSE.
- Why
- To raise funds for its projects.
- IPO Open Date
- July 30
- IPO Close Date
- August 1
- Price Band
- ₹140-150 per share
- Lot Size
- 100 shares
- Total Amount
- ₹792 crore
- Use of Funds
- ₹550 crore for ongoing projects
- Listing Date
- August 6 (tentative)