Sri Lotus Developers IPO Allotment Status Out Today: Key Details and Listing Information

The allotment for Sri Lotus Developers and Realty's Initial Public Offering (IPO) was finalized today, August 4, 2025, following a strong subscription response during its three-day bidding window from July 30 to August 1, 2025.

The IPO, aimed at raising Rs 792 crore through a fresh issuance of 5.28 crore equity shares, was subscribed approximately 74 times overall across investor categories, reflecting robust investor interest. Specific subscription figures included 163.90 times for qualified institutional bidders (QIBs), 57.71 times for non-institutional investors (NIIs), 20.28 times for retail investors, and 19.84 times for employees.

Investors can check their allotment status online through the official websites of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), or the registrar KFin Technologies using their PAN card or application number.

Following allotment, the refund process and share credit are scheduled for August 5, 2025. The IPO listing is set tentatively for August 6, 2025, on both the BSE and NSE.

Sri Lotus Developers and Realty, based in Mumbai and established in 2015, specializes in ultra-luxury and luxury residential and commercial redevelopment projects in western suburbs, overseeing a developable area of approximately 0.93 million square feet as of mid-2025.

The IPO price was fixed at Rs 150 per share, with the company receiving strong market demand that suggests potential for a positive listing day performance, with grey market premiums indicating an expected listing gain of around 25%.

The company also has key dates including the end of UPI mandates on August 1, 2025, and lock-in periods ending for anchor investors on September 1, 2025 (50%) and November 2, 2025 (remaining portion).

For detailed steps to check allotment status, investors may visit the BSE or registrar websites and enter valid credentials to verify their share allocation.