Retail investors subscribed 21.77 times their quota, while Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs) bid 175.61 times and 61.82 times respectively.
The IPO, entirely a fresh issue of 5.28 crore shares, received over 274 crore share bids against 3.70 crore shares on offer (excluding anchor), reflecting strong interest across investor categories.
How to check Sri Lotus Developers IPO allotment status
Via KFin Technologies (Registrar):
Go to https://ris.kfintech.com/ipostatus
Select “Sri Lotus Developers & Realty Ltd.” from the dropdown menu
Enter your PAN, Application Number, or DP Client ID
Click on “Submit” to view your allotment status
Via BSE website:
Visit https://www.bseindia.com/investors/appli_check.aspx
Select “Equity” and choose “Sri Lotus Developers”
Enter Application Number and PAN
Click “Search”
Successful bidders will have shares credited to their demat accounts by August 5, and refunds for unallocated bids will also be initiated the same day.
With strong financials, deep-pocketed anchor investors, and a promising pipeline of luxury redevelopment projects in Mumbai, all eyes are now on the listing pop. The 25% grey market premium is fueling hopes for a robust debut.