The IPO season continues to heat up in 2025 with Sri Lotus Developers Limited stepping into the public market. Known for its footprint in the real estate and construction sector, the company has decided to raise funds through a fresh public offering. Here's everything you need to know about the Sri Lotus Developers IPO, including the IPO date, price band, company overview, and the latest GMP (Grey Market Premium).
Sri Lotus Developers IPO Date and Key Details
| IPO Details | Information |
|---|---|
| IPO Open Date | July 26, 2025 |
| IPO Close Date | July 30, 2025 |
| Listing Date | August 5, 2025 (Tentative) |
| Face Value | ₹10 per share |
| Price Band | ₹75 to ₹80 per share |
| Lot Size | 1600 shares |
| Issue Size | ₹48 crores (Approx) |
| Fresh Issue | Entirely a fresh issue |
| Listing Exchange | NSE SME |
| Retail Quota | 50% of the net offer |
| Lead Manager | Gretex Corporate Services Limited |
| Registrar | Bigshare Services Pvt Ltd |
Company Overview: Sri Lotus Developers Limited
Established in 2018, Sri Lotus Developers Limited is a Hyderabad-based real estate development firm that focuses primarily on residential projects. The company has carved a niche in developing plotted lands, gated communities, and mid-range housing complexes in Telangana and Andhra Pradesh.
The company’s core business activities include:
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Acquisition and development of land parcels
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Plotting and development of residential layouts
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Marketing and sale of plotted developments
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Constructing residential buildings and gated townships
With over 20 successfully completed projects, Sri Lotus Developers has developed a strong reputation for delivering projects on time and maintaining regulatory transparency. The company’s revenue stood at ₹34.67 crore in FY24 with a net profit of ₹5.94 crore, showing healthy year-on-year growth.
Objectives of the IPO
Sri Lotus Developers aims to utilize the proceeds from this IPO for the following purposes:
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Working capital requirements for future residential development
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Acquisition of land banks in Telangana
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Marketing and promotional activities
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General corporate purposes
The IPO is expected to enhance the company’s financial strength and brand visibility, paving the way for more ambitious residential projects in emerging urban hubs.
Sri Lotus Developers IPO GMP Today
As of July 25, 2025, the Grey Market Premium (GMP) for Sri Lotus Developers IPO is around ₹25–₹30 per share. This indicates a potential listing price of ₹105–₹110, which is around 35–38% premium over the upper end of the price band (₹80).
Disclaimer: GMP is a speculative indicator and may change daily. It does not guarantee listing gains and should not be the sole basis for investment decisions.
Should You Subscribe?
Strengths
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Proven track record in the Telangana real estate market
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Strong revenue and profit growth in recent years
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Reasonable valuation considering growth potential
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Healthy GMP indicating positive investor sentiment
Risks
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Highly competitive and regulated real estate industry
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Geographical concentration risk (mostly limited to Telangana & Andhra)
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SME IPOs typically have lower liquidity post-listing
Verdict: If you're a retail investor looking for exposure in the real estate sector via SME IPOs, Sri Lotus Developers presents a moderate-risk, high-reward opportunity. However, cautious investors should also weigh the long-term fundamentals beyond short-term GMP.
Final Thoughts
The Sri Lotus Developers IPO is drawing attention not just for its pricing and fundamentals but also for its strong presence in the fast-growing housing market of South India. As always, investors should consider their risk appetite and investment goals before subscribing.
Stay updated on the IPO listing, allotment, and post-listing performance to make informed decisions.
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