Sri Lotus Developers IPO Allotment Status, Allotment Date, and GMP

The Sri Lotus Developers IPO allotment status will be available on Monday, Aug 04, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, Kfin Technologies Limited. The IPO opened on July 30, 2025, and by the end of Day 3, it was subscribed 74.10 times. Follow the simple steps below to check your Sri Lotus Developers IPO allotment status.

How to Check Sri Lotus Developers IPO Allotment Status on NSE

Below are the steps to check the Sri Lotus Developers IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol “LOTUSDEV” from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit.

Step 5: Once submitted, check the "Allotment Details" section for the IPO allotment status

How to Check Sri Lotus Developers IPO Allotment Status on BSE

Follow these simple steps to check the Sri Lotus Developers IPO allotment status on BSE:

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Select "Sri Lotus Developers IPO Limited" from the Issue Name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the Sri Lotus Developers IPO allotment status.

How to Check Sri Lotus Developers IPO Allotment on Kfin Technologies

Below are the steps to check the Sri Lotus Developers IPO allotment status on the Kfin Technologies  website:

Step 1: Visit the KFin Technologies “IPO Allotment Status” Page.

Step 2: Select Company “Sri Lotus Developers Limited” in the Select IPO dropdown menu.

Step 3: Select PAN/Application No/Demat Account in the selection menu.

Step 4: Enter “PAN No”/“Application No”/“DPID Client ID.”

Step 5: Enter Captcha

Step 6: Click on “Submit” to check the allotment status.

Sri Lotus Developers IPO Subscription

By the end of Day 3, the Sri Lotus Developers IPO was subscribed 74.10 times overall. Qualified Institutional Buyers (QIBs) led the subscriptions with an overwhelming 175.61x, followed by Non-Institutional Investors (NIIs) at 61.82x, while Retail Individual Investors (RIIs) subscribed at 21.77x.

Sri Lotus Developers IPO Allotment Details

• IPO Open Date: Wednesday, 30th July 2025

• IPO Close Date: Friday, 1st August 2025

• Allotment Date: Monday, 4th August 2025

• Initiation of Refunds: Tuesday, 5th August 2025

• Credit of Shares to Demat: Tuesday, 5th August 2025

• Listing Date: Wednesday, 6th August 2025

The Sri Lotus Developers IPO has a total issue size of Rs. 792 crore, consisting entirely of a fresh issue of 5.28 crore shares. The issue price is fixed at Rs. 150 per share, and the minimum lot size is 100 shares.

Sri Lotus Developers IPO GMP

According to InvestorGain, the latest GMP (Grey Market Premium) for Sri Lotus Developers IPO is 24.67%, which means the shares are expected to list at Rs. 187, giving investors a profit of Rs. 3700 per lot.

Company Overview of Sri Lotus Developers  

Sri Lotus Developers and Realty Limited is a prominent developer of residential and commercial properties in Mumbai, Maharashtra, with a focus on redevelopment projects in the ultra-luxury and luxury segments in the city's western suburbs. Since its inception, the company has built a brand centered around customer satisfaction, aiming to create environments that elevate the lifestyles of its customers.

The company’s operations are strategically positioned in Mumbai, one of the largest real estate markets in India. Between 2019 and 2023, the Mumbai Metropolitan Region (MMR) consistently ranked first among the top seven residential real estate markets in India in terms of supply, absorption, and average base selling price (Source: Anarock Report). Sri Lotus Developers has acquired land in the western suburbs of Mumbai since 2017, focusing on high-end residential projects.

Sri Lotus Developers focuses on ultra-luxury and luxury residential properties, particularly in the Rs. 2.5 crore segment, which has experienced significant growth, more than quadrupling from 3% in 2021 to 22% in Q1 2025. The company’s developments include 2BHK and 3BHK flats in the luxury residential segment, priced between Rs. 3 crore and Rs. 7 crore, as well as 3BHK, 4BHK, and penthouses in the ultra-luxury segment priced above Rs. 7 crore. Additionally, the company is engaged in developing commercial office spaces. 

Quick Steps to Invest in IPOs with Rupeezy

Step 1: Download Rupeezy Trading App 

Step 2: Register and Complete Verification

Step 3: Open the app and Navigate to the IPO Section 

Step 4: Select “Sri Lotus Developers IPO”

Step 5: Click on Apply