Archive · 24 Jul 2025
Sri Lotus Developers IPO Launches, Eyes ₹792 Crore Raise
Sri Lotus Developers, a company that builds luxury homes and offices, is selling shares to the public through an IPO to raise money.
The company hopes to get about ₹792 crore.
They will sell shares for ₹140 to ₹150 each starting July 30.
The money raised will help finish some of their current projects.
Investors can buy shares in groups of 100.
The company's shares are expected to start trading on the stock market on August 6.
The company's financials show strong growth in the last year.
Sri Lotus Developers' IPO launches July 30, aiming to raise ₹792 crore.
The IPO price band is set at ₹140–₹150 per equity share.
Rs 550 crore of the funds will support ongoing luxury real estate projects.
The company is expected to list on BSE and NSE on August 6.
Sri Lotus Developers reported strong financial growth in FY25.
- Who
- Sri Lotus Developers, a real estate company.
- What
- Sri Lotus Developers is launching an IPO.
- When
- The IPO opens July 30, with listing expected August 6.
- Where
- Mumbai, India.
- Why
- To raise capital for ongoing projects and general corporate purposes.
- IPO Size
- ₹792 crore
- Price Band
- ₹140–₹150 per share
- Opening Date
- July 30
- Closing Date
- August 1
- Listing Date
- August 6
- Use of Proceeds
- Fund ongoing projects, strengthen balance sheet
- FY25 Revenue
- ₹549.68 crore
- FY25 Net Profit
- ₹227.89 crore