Sri Lotus Developers IPO Allotment OUT: Check Status Now as GMP Signals 26% Listing Pop After 74x Demand

After a blockbuster response from investors across segments, Sri Lotus Developers IPO allotment status has been released today. Those who invested in this IPO worth Rs. 792 crore will get to know whether they are receiving shares or not. The IPO of Sri Lotus Developers & Realty Ltd saw a total subscription of over 74 times. At present the IPO GMP is hinting at a 26% gain over the issue price.

How to Check Sri Lotus Developers IPO Allotment Status

Investors who applied for the IPO can check their Sri Lotus Developers IPO allotment status through multiple online platforms like BSE, NSE, and even on the registrar website. Here is the step-by-step process to check the allotment status

On the BSE Website

Go to the BSE IPO allotment page: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx

Select 'Equity' under Issue Type.

Choose 'Sri Lotus Developers & Realty Ltd' from the dropdown.

Enter your Application Number or PAN.

Click 'Search' to view your allotment details.

On the Kfin Technologies Website

Visit https://ris.kfintech.com/ipostatus/

Choose any link provided.

Select 'Sri Lotus Developers & Realty' from the dropdown.

Enter your PAN/Application Number/DP ID.

Click 'Submit' to see your allotment status.

As per the IPO schedule, refunds for unallocated applications will be initiated on Tuesday, August 5. On the same day, allotted shares will be credited to the investors' Demat accounts.

Sri Lotus Developers IPO Subscription Status

By the close of bidding on August 1, Sri Lotus Developers' IPO received an overwhelming response from all categories. The IPO was subscribed 74.10 times overall. While the QIBs & NIIs segment had a massive subscription of 175.61 times and 61.82 times, even the retail investor category recorded a 21.77 times subscription.

Sri Lotus Developers IPO GMP Today

The grey market premium for Sri Lotus Developers IPO is currently reported at Rs. 39, as per the latest update on August 4. The expected listing price is Rs. 189, and the potential listing gain is estimated at 26%, which will be huge for those who receive allotment.

Sri Lotus Developers & Realty Ltd IPO Details

The Sri Lotus Developers IPO is a book-built issue worth Rs. 792 crore, comprising a fresh issue of 5.28 crore equity shares. The price band was set at Rs. 150 per share, and the lot size was fixed at 100 shares per application. The IPO opened for bidding on July 30, 2025, and closed on August 1st. Notably, the company raised Rs. 237 crore from anchor investors ahead of the IPO and is slated to list on both the BSE and NSE on August 6.

About Sri Lotus Developer & Realty Ltd.

Sri Lotus Developers & Realty Ltd. is a Mumbai-based real estate developer focusing on luxury and ultra-luxury residential and commercial projects in Mumbai's western suburbs, and the company was originally incorporated in the early 1990s.