Archive · 2 Aug 2025
Sri Lotus Developers IPO: Allotment Date Nears After Strong Demand
Sri Lotus Developers, a real estate company, had an IPO (initial public offering) where they sold shares to raise money.
The IPO ended on August 1st and was very popular.
Investors are now waiting to find out if they got the shares they applied for.
The company will announce who got shares around August 4th, with the shares likely to start trading on the stock market on August 6th.
The shares are trading higher than their initial price.
Sri Lotus Developers IPO closed on August 1 after high investor demand.
Share allotment is expected on August 4 or possibly August 5.
Listing is expected on August 6.
GMP for the shares is ₹44.
Investors can check allotment status on BSE, NSE, and Kfin Technologies websites.
- Who
- Sri Lotus Developers, investors
- What
- Sri Lotus Developers IPO
- When
- July 30 - August 1 (bidding), August 4 (expected allotment)
- Where
- Mumbai
- Why
- To raise capital
- IPO Open Date
- July 30
- IPO Close Date
- August 1
- Issue Price
- ₹150 per share
- Subscription
- 69.14 times
- GMP
- ₹44
- Listing Date
- August 6, 2025 (tentative)
- Registrar
- Kfin Technologies
Sources
Lotus Developers' ₹792 crore IPO subscribed 14 times on Day 3 so far, GMP up 29%
Sri Lotus Developers IPO Opens: Price, Dates, Subscription Details
IPO GMPs rise as Sri Lotus fetch 21x subscription; NSDL, M&B Engineering at 11x bids
Sri Lotus Developers IPO: Issue booked 69 times on third day. Check GMP and other details