Real Estate
Sub Sector: Developer of residential and commercial premises
Sri Lotus Developers and Realty Limited is a developer of residential and commercial premises in Mumbai, Maharashtra, with a focus in Redevelopment Projects in the Ultra Luxury Segment and Luxury Segment in the western suburbs. Since their establishment, they have aimed at building a brand centred around customer satisfaction, by creating environments that enhance their customers’ lifestyles. Their operations are strategically located in Mumbai, one of the biggest real estate markets in India. For the calendar years 2019 to 2023, the MMR was ranked first among the top seven Indian residential real estate markets (namely, MMR (Maharashtra), Pune (Maharashtra), Bengaluru (Karnataka), Hyderabad (Telangana), the National Capital Region, Chennai (Tamil Nadu) and Kolkata (West Bengal)) in terms of supply, absorption and average base selling price. (Source: Anarock Report) We acquired land for their operations in the western suburbs of Mumbai in 2017, focusing on the ultra-luxury and luxury residential properties market. They believe that their growth can be attributed to their Promoter, their understanding of the real estate market, their design and execution capabilities, their sales ability and the “Lotus Developers” brand.
KFin Technologies Limited
Sri Lotus Developers and Realty operates in Real Estate and Developer of residential and commercial premises. The Issue would be listed on MainBoard. The registrar of the Issue is KFin Technologies Limited. The IPO type of Sri Lotus Developers and Realty is Book Building Process and Object of issue is
Merchant Banker of Sri Lotus Developers and Realty IPO is Monarch Networth Capital Limited , Motilal Oswal Investment Advisors Limited
The DRHP (Draft Red Herring Prospectus) of Sri Lotus Developers and Realty IPO was filed on 24 Dec 2024.
No, Sri Lotus Developers and Realty IPO is not yet listed. See other upcoming MainBoard IPOs here.
The IPO open date and IPO close date of Sri Lotus Developers and Realty are not available now. You can apply in Sri Lotus Developers and Realty IPO online using either UPI or ASBA as a payment method. ASBA IPO application can be done through net banking of your bank account. UPI IPO application is also offered by brokers, though they don't handle any banking services.
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