Sri Lotus Developers & Realty Ltd. | Globe Capital Market LTD.
Sri Lotus Developers & Realty Ltd.
Closed
Price Band
₹140 to ₹150 per share
IPO Issue Period
July 30, 2025 to August 1, 2025
Issue Size
₹792.00 Cr
Face value
₹1 per share
Fresh issue
₹792.00 Cr
Offer for sale
NIL
Minimum Shares for Retail
100 Shares
Employee Discount
₹14.00
Listing on
BSE, NSE
Issue Type
Book Built Issue IPO
Registrar to the Issue
Kfin Technologies Limited
Tentative Listing Date
Wed, Aug 6, 2025
QIB
50%
NII
15%
Retail
35%

Motilal Oswal Investment Advisors Limited
Monarch Networth Capital Ltd

Sri Lotus Developers and Realty Limited is a developer of residential and commercial properties located in Mumbai, Maharashtra, specializing in redevelopment projects within the ultra-luxury and luxury segments of the western suburbs.

As of June 30, 2025, the company possesses a developable area of 0.93 million square feet, encompassing residential and commercial properties.

The company’s developmental focus is primarily directed towards ultra-luxury and luxury residential properties, in addition to commercial properties. As of June 30, 2025, the company has four (4) Completed Projects, five (5) Ongoing Projects and eleven (11) Upcoming Projects.

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 569.28 466.19 169.95
Profit After Tax 227.89 119.14 16.80
EPS 5.51 3.00 0.42
OPM (%) 52.57% 34.35% 12.49%
PATM (%) 41.46% 25.96% 9.76%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25
Sri Lotus Developers & Realty Ltd. *7330 150 7.01 27.22 569.28 227.89
Arkade Developers Ltd. 3,605.59 194.2 3.95 23.19 683.1 156.46
Mahindra Lifespace Developers Ltd. 7,769.97 364.35 2.33 77.85 372.27 -124.61

*Market cap @upper band

 

  • Strategic position in the Ultra Luxury Segment and Luxury Segment of the residential real estate market of Western Suburbs of Mumbai with a customer centric focus and strong pipeline of projects
  • Asset-light model for development of projects through development agreements, enabling us to maintain high level of cash flow generated from operating activities
  • End to end capabilities and timely completion of projects
  • Experienced Promoters and management team
  • Investment in the Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of their Ongoing Projects, Amalfi, The Arcadian and Varun, respectively.

General corporate purposes

At the upper band of IPO Rs. 150, the stock is valued at 27.22 times of P/E multiple. Hence, Well-informed investors subscribe for medium to long term perspective.

Be a Part of IPO Success Stories!

Never Miss IPO Investment