Sri Lotus Developers & Realty Ltd is set to launch a significant MainBoard IPO in mid-2025, providing investors with a lucrative opportunity to invest in one of Mumbai’s premium real estate players. This article delves into detailed insights about the company, the IPO specifics, financial performance, peer comparisons, strengths, risks, and subscription trends to help investors make informed decisions.

Company Overview:
Real Estate and Housing Development and sale of luxury and ultra-luxury residential properties primarily focused on Mumbai’s Western suburbs
Founded: 2010
Industry: Real Estate and Housing Development
Business Model: Development and sale of luxury and ultra-luxury residential properties primarily focused on Mumbai’s Western suburbs
Founders: Not specifically mentioned in sources
Revenue: ₹569.28 crores (FY 2025)
Customers: Premium home buyers and investors in Mumbai region

IPO Details:
IPO Type: MainBoard
Issue Size: ₹792.00 crores (5.28 crore shares)
Offer for Sale (OFS): N/A
Price Band: ₹140 – ₹150 per share
Lot Size: 100
GMP: ₹32 premium over issue price
Open Date: 30 July 2025
Close Date: 1 August 2025
Listing Date: 6 August 2025

IPO Objectives:
Funding of new real estate projects focusing on ultra-luxury and luxury segments.
Reduction of debt to strengthen the company’s balance sheet.

Pre-IPO Placements:
Amount Raised: ₹399.20 crores
Major Investor: Shah Rukh Khan (Bollywood actor)

Financial Highlights:
Year: FY 2024
Revenue: N/A
PAT: N/A
ROE: N/A

Year: FY 2025
Revenue: ₹569.28 crores
PAT: Reported 91% PAT growth from previous year
ROE: Information not specifically available

Peer Comparison:
Suraj Estate Developers Limited | 21.8

Strengths:
Specialization in ultra-luxury and luxury residential projects in Mumbai’s Western suburbs.
Strong brand recognition with premium pricing.
Successful pre-IPO placements involving prominent investors and celebrities.
Consistent revenue growth and robust market demand in target segments.

Risks:
Highly competitive real estate market in Mumbai.
Changes in regulatory policies affecting real estate development.
Market volatility impacting luxury property demand.

Expert Verdict:
Sri Lotus Developers & Realty Ltd’s IPO is well positioned given its focus on the high-end real estate market in Mumbai and backing by reputed investors. The price band aligns with its previous private placements. While the luxury segment has growth potential, investors should consider sector-specific risks and market conditions before investing.

FAQs:
What type of IPO is Sri Lotus Developers & Realty Ltd launching?
It is a MainBoard IPO focused on the real estate sector.

What is the price band for the IPO?
The IPO opens on 30th July 2025 and closes on 1st August 2025.

Who are the major investors in the pre-IPO placements?
Bollywood celebrities Shah Rukh Khan, Amitabh Bachchan, and investor Ashish Kacholia are notable pre-IPO investors.

How can I check the allotment status?
You can check the allotment status on the IPO registrar’s website or through your broker’s platform after 4th August 2025.

How to Apply:
Investors can apply for the Sri Lotus Developers & Realty Ltd IPO through the ASBA facility available at their bank, or via their brokerage’s online IPO application platform. Ensure you have your PAN, Demat account, and UPI ID ready for a seamless application process.