Sri Lotus Developers Listing Today: Shares of Sri Lotus Developers and Realty (LOTUSDEV made a stock market debut on Wednesday, August 6, at nearly 20 per cent premium over the IPO price of Rs 150 on both the BSE and NSE.
At this level, the real estate company’s market capitalisation stood at Rs 662.91 crore, according to the BSE.
On the NSE, the stock opened at Rs 178.00, a 18.67 per cent gain, against the price band. Meanwhile, on the BSE, the stock opended at Rs 179.10, surging 19.40 per cent, compared to the price band.
Sri Lotus Developers IPO highlights
- IPO Size: Rs 792 crore
- Issue Type: 100 per cent fresh issue
- Shares Offered: 5.28 crore equity shares
- Price Band: Rs 150 per share
- IPO Opened: July 30, 2025
- IPO Closed: August 1, 2025
Fund utilisation
The IPO proceeds will be used for the development of ongoing and future projects, debt reduction, and general corporate purposes.
Sri Lotus Developers IPO subscription details
Sri Lotus Developers’ IPO saw good demand across all investor categories, closing with a total subscription of 74.10 times. Here is a category-wise subscription summary:
- Qualified Institutional Buyers (QIBs): 175.61 times
- Non-Institutional Investors (NIIs): 61.82 times
- Retail Investors: 21.77 times
What does Sri Lotus Developers do?
Sri Lotus Developers is a prominent player in the Indian real estate sector, focusing on residential and commercial development. The company is known for its execution track record, customer-centric approach, and presence in key growth markets.
(This story will be updated shortly.)
