ListedMainboard

Sri Lotus Developers and Realty Limited

LOTUSDEVRealty30 Jul 2025 – 1 Aug 2025INE0V9Q01010

Promoters Anand Kamalnayan Pandit · Roopa Anand Pandit · Ashka Anand Pandit

On listing day it
—
we hold no exchange bar dated on the listing date
Since then, against the issue price
+56.1%
₹234.2 on 5 Nov 2026

Against an issue price of ₹150. Split- and bonus-adjusted official closes — a past move, never a forecast.

Issue price
₹150
final issue price
Issue size
₹792 cr
Fresh
Lot size
100 sh
₹15,000 a lot
Listed on
6 Aug 2025
NSE
Now trading as LOTUSDEV — see its filed financials and price history →
Valued at the offer price₹7,331 cr48,87,23,710 shares after the issue × ₹150, the final issue price. Not a market capitalisation — that moves with the traded price.
Notes

Sri Lotus Developers and Realty Limited raised ₹792 crore through a mainboard initial public offer.

The filing places it in Realty and names three promoters: Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand Pandit.

The book was open from 30 July 2025 to 1 August 2025.

The issue was priced at ₹150 a share, from a band of ₹140 to ₹150.

The whole offer is a fresh issue of shares — ₹792 crore raised by the company itself.

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

The shares listed on 6 August 2025.

The last official close on file is ₹234 (5 November 2026), which is 56.1% above the issue price.

It now trades as LOTUSDEV, and its filed financials are on its company page.

How it has done since listing
NSE close · 5 Nov 2026
Issue price
₹150
final issue price
Listing-day move
—
Now vs issue price
+56.1%
5 Nov 2026
Since first close
—

Shares sold in the issue at ₹150 last closed at ₹234.2.

See LOTUSDEV’s filed financials and price history →

Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.

The offer
Regulation 6(1)
Issue price
₹150
face value ₹1
Lot size
100 sh
₹15,000 a lot
Issue size
₹792 cr
Fresh
Shares after issue
48.87 cr
48,87,23,710
Fresh issue
5.28 cr
shares issued by the company

No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.

Registrar
KFintech Private Limited
Lead managers
  • Monarch Networth Capital Limited
  • Motilal Oswal Investment Advisors Pvt Limited
What happens when
3-day book
  1. Bidding opens30 Jul 2025
  2. Bidding closes1 Aug 2025
  3. Basis of allotmentnot published

    Not published in the exchange feeds we ingest — we do not estimate it.

  4. Listing6 Aug 2025
Subscription

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Demand at each price

We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.

Anchor investors

We have not extracted an anchor allotment list for this issue.

When locked shares come free
computed from ICDR rules
  • Anchor investors — first tranche
    SEBI ICDR 2018 Reg. 32(5)(b) — 50% of the anchor allocation, 30 days from allotment
    5 Sept 2025
    50% of this tranche
  • Anchor investors — second tranche
    SEBI ICDR 2018 Reg. 32(5)(a) — the remaining 50% of the anchor allocation, 90 days from allotment
    4 Nov 2025
    50% of this tranche
  • All other pre-issue capital
    SEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment
    6 Feb 2026
    already free
  • Promoters' minimum contribution
    SEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment
    6 Feb 2027
    whole tranche releases on this date

Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.

How the price was set

The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.

Restated financials

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Objects of the offer

We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.

Peers named by the issuer

The peer table is printed in the offer document's "Basis for Offer Price" chapter; we have not extracted it for this issue yet.

Who ran this issue, and what else they have run
past issues only
Lead managers
FirmIssuesTypical listing move
Monarch Networth Capital Limited
2022 – 2026
7
1 measurable
+34.5%
Motilal Oswal Investment Advisors Limited
2022 – 2026
43
11 measurable
+16.4%
Registrar
FirmIssuesTypical listing move
KFintech Private Limited
2023 – 2026
67
2 measurable
+35.7%

A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.

Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.