Sri Lotus Developers IPO Allotment Status - Check Allotment via NSE, BSE, KFin Technologies
By HDFC SKY | Published at: Aug 2, 2025 01:39 PM IST
Mumbai, August 2, 2025 – The allotment status for the ₹792 crore IPO of Sri Lotus Developers and Realty Ltd will be finalized on Monday, August 4, 2025. After receiving overwhelming demand with an overall subscription of 69.14 times, investors now await the allotment outcome, which can be accessed through NSE, BSE, and KFin Technologies.
NSE Portal: Verify Bid Upload and Allotment Together
The National Stock Exchange (NSE) portal helps investors check if their IPO bid was successfully submitted and later verify allotment.
How to check via NSE:
- Visit: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Select ‘Equity & SME IPO Bid Details’
- Choose ‘Sri Lotus Developers and Realty Ltd’
- Enter your PAN and Application Number
- Click Submit
This is useful for confirming bid submission and tracking allotment.
BSE Website: Quickest Way to Check Allotment
The Bombay Stock Exchange (BSE) offers a fast, no-login method to check IPO allotment status.
How to check via BSE:
- Visit: https://www.bseindia.com/investors/appli_check.aspx
- Select ‘Equity’ as the issue type
- Choose ‘Sri Lotus Developers and Realty Ltd’ from the dropdown
- Enter your PAN or Application Number
- Complete the CAPTCHA and click Search
BSE is often among the first portals to reflect allotment results once published.
Registrar Portal (KFin Technologies): Detailed Allotment Access
KFin Technologies, the registrar to the issue, will publish allotment details on its IPO portal after finalization.
How to check via KFintech:
- Visit: https://kprism.kfintech.com/ipostatus
- Select ‘Sri Lotus Developers and Realty Ltd’
- Choose one option to search:
- PAN
- Application Number
- DP/Client ID
- Bank Account/IFSC
- Enter the details and captcha, then click Submit
Investors are advised to keep their PAN, Application No., and Demat details ready. The link is expected to go live by evening on August 4, 2025.
Anchor Investors Backed the IPO with ₹236.99 Cr
Ahead of the public offering, Sri Lotus Developers allocated 15,799,999 equity shares to 16 anchor investors, raising approximately ₹236.99 crore at ₹150 per share.
Key participants included:
| Investor | Shares Allocated | Investment (₹ Cr) |
|---|---|---|
| Societe Generale ODI | 30,00,200 | 45.00 |
| Tata Mutual Fund – Small Cap Fund | 23,33,400 | 35.00 |
| Mahindra Manulife Mid and Multi Cap Funds | 23,33,400 | 35.00 |
| Nippon India Equity Opportunities AIF | 13,33,400 | 20.00 |
| Samsung India Small & Mid Cap Trust | 10,00,000 | 15.00 |
| HSBC Balanced Advantage Fund | 6,66,700 | 10.00 |
| Others (Nomura, Citi, SBI General, etc.) | 9,00,499 | 76.99 |
| Total | 1,57,99,999 | 236.99 |
Of the anchor book, 33.76% was allocated to domestic mutual funds across four schemes.
Post-Allotment Timeline
| Event | Date |
|---|---|
| Allotment Finalization | August 4, 2025 |
| Refund Initiation | August 5, 2025 |
| Shares Credited to Demat | August 5, 2025 |
| Listing on NSE & BSE | August 6, 2025 |
IPO Snapshot
| Detail | Information |
|---|---|
| Issue Size | ₹792 crore |
| Price Band | ₹140 – ₹150 |
| Lot Size | 100 shares |
| Retail Subscription | 20.28 times |
| NII Subscription | 57.71 times |
| QIB Subscription | 163.90 times |
| Overall Subscription | 69.14 times |
| Anchor Investment Raised | ₹236.99 crore |
About the Company
Sri Lotus Developers and Realty Ltd, promoted by Anand Pandit, is a Mumbai-based real estate company known for its luxury and ultra-luxury redevelopment projects. Sri Lotus Developers IPO proceeds will support project funding and general corporate purposes.
The company is expected to debut on the stock exchanges on August 6, 2025. Investors now await the allotment results to see if they’ve secured a stake in one of the most sought-after real estate IPOs this year.
Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations
