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Products & Services    >   IPO   >   Synopsis Details
Sri Lotus Developers & Realty Ltd
Registered Office:    5 & 6th Flr Lotus Tower 1 Jain ,   Hind Society N S Rd 12/A JVPD ,   Mumbai - 400049 ,   Maharashtra , India.  
Phone: +91 75062 83400   Fax:
investors@lotusdevelopers.com   Website:www.lotusdevelopers.com
Initial public offering of up to [*] equity shares of face value of Re. 1/- each ("Equity Shares") of the company for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) ("Issue Price") aggregating up to Rs. 792.00 crores (The "Issue"). The issue includes a reservation of up to [*] equity shares aggregating up to Rs. 2.00 crores (Constituting up to [*] % of the Post-Issue Paid-Up Equity Share Capital of the Company) for subscription by eligible employees (The "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("BRLMS"), may offer a discount of up to [*] % of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute [*] % and [*] %, respectively, of the post-issue paid-up equity share capital of the company. Price Band:Rs. 140 to Rs. 150 per equity share of the face value of Re.1 each. The floor price is 140 times of the face value the cap price is 150 times of the face value. Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter. A discount of Rs.14 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue Money Payable On
Opens On Closes On Application Allotment
30-Jul-25 01-Aug-25 Rs 140.00-150.00 Rs 0.00-0.00
Minimum Application for shares in Nos : 100   Further Multiples of : 100
Sri Lotus Developers & Realty Ltd
  Rs Cr Lead Managers to the Issue
Project Cost 0.00
Monarch Networth Capital Ltd
Motilal Oswal Investment Advisors Ltd
Project Financed through Current Offer 792.00  
Post Issue Equity Share Capital 48.87  
Issue Price Rs. 140.00  
Projects
Investment in its subsidiary Richfeel Real Estate Pvt Ltd, Dhyan Projects Pvt Ltd and Tryksha Real Estate Pvt Ltd for part-funding development and construction cost of its ongoing projects Amalfi the Arcadian and Varun respectivelt General corporate purposes
Promoted By
Anand Kamalnayan Pandit
Roopa Anand Pandit
Ashka Anand Pandit
Listing At
BSE
NSE
Registrar to the Issue
 
             SEBI Common Reg. No. INZ000206338          MAPIN NO:10014845        CDSL : IN-DP-CDSL-291-2005
MERCHANT BANKING REGISTRATION NO : NM000011575
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