Sri Lotus Developers & Realty Ltd |
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Registered Office: 5 & 6th Flr Lotus Tower 1 Jain, Hind Society N S Rd 12/A JVPD, Mumbai - 400049, Maharashtra |
Phone: +91 75062 83400 |
Email: investors@lotusdevelopers.com |
Website: www.lotusdevelopers.com |
Initial public offering of up to 52,800,000 equity shares of face value of Re. 1/- each ("Equity Shares") of the company for cash at a price of Rs. 150 per equity share (Including a Share Premium of Rs. 149 per Equity Share) ("Issue Price") aggregating up to Rs. 792.00 crores (The "Issue"). The issue includes a reservation of up to 13,33,33 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. A discount of Rs.14 per equity share is being offered to eligible employees bidding in the employee reservation portion. |
Issue | Money Payable On | ||
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Opens On | Closes On | Application | Allotment |
30-Jul-2025 | 01-Aug-2025 | ₹ 150.00 | ₹ 0.00 |
Minimum Application for shares in Nos : 100.0 Further Multiples of : 100.0 | ||
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(₹)Cr. | Lead Managers to the Issue | |
Project Cost | 0.00 | Monarch Networth Capital Ltd |
Project Financed through Current Offer | 792.00 | |
Post Issue Equity Share Capital | 48.87 | |
Issue Price | ₹150.00 |
Projects |
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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 |
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Anand Kamalnayan Pandit |
Roopa Anand Pandit |
Ashka Anand Pandit |
Listing At |
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BSE |
NSE |
Registrar to the Issue |
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