Sri Lotus Developers IPO, one of the anticipated upcoming IPOs, opened for subscription on July 30, 2025, and closed on August 1, 2025.
The company is expected to finalise the share allotments today, Monday, August 4, 2025. Successful bidders can expect the shares to be credited to their demat accounts on Tuesday, August 5, 2025.
Those who did not receive an allotment will likely receive refunds on the same day. You can check the IPO allotment status on the NSE or BSE websites or visit the official registrar's website. Kfin Technologies Limited is the registrar for the issue.
The Sri Lotus Developers share is expected to be listed on the NSE and BSE on Wednesday, August 6, 2025.
This IPO was a bookbuilding issue amounting to ₹792.00 crores. The issue was entirely a fresh issue of 5.28 crore shares.
The price band for the Sri Lotus Developers IPO was set at ₹150 per share, with a minimum application lot size of 100 shares, requiring retail investors to invest at least ₹14,000.
On Day 3, August 1, 2025, the Sri Lotus Developers IPO subscribed 74.10 times. The public issue was subscribed 21.77 times in the retail category, 175.61 times in the Qualified Institutional Buyers (QIB) category, and 61.82 times in the Non-Institutional Investors (NII) category.
Also Read: Upcoming IPO: Asset Reconstruction Company Filed DRHP with SEBI!
Investors should await the listing day for price discovery and assess long-term prospects before making further decisions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Aug 4, 2025, 8:58 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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