Archive · 24 Jul 2025

Sri Lotus Developers IPO: Celebrities Invest, Shares Offered

Sri Lotus Developers IPO: Celebrities Invest, Shares Offered

Imagine a company called Sri Lotus Developers, which builds fancy houses, is selling shares to the public for the first time.

They're asking people to pay between Rs 140-150 for each share.

Many famous actors, like Shah Rukh Khan and Amitabh Bachchan, already bought shares before.

The company hopes to raise around Rs 792 crore to build more houses.

People can start buying the new shares on July 30 and have until August 01.

The shares were sold at the same price as the initial private placement, but there's a chance the price will go up when it's available to trade.

Sources