Sri Lotus Lists at 19% Premium

  Published 10 months ago

Sri Lotus Developers listed at Rs 179.10 on BSE, after its IPO saw a robust 69.14x subscription from investors.

  • IPO proceeds of Rs 792 crore to fund ongoing projects, subsidiaries, and corporate needs of the luxury real estate firm.
  • The company focuses on Mumbai’s western suburbs with 5 ongoing and 11 upcoming luxury residential and commercial projects.
  • FY25 net profit stood at Rs 227.41 crore on sales of Rs 549.68 crore, showcasing strong financial performance pre-listing.

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