📌 Table of Contents
- Introduction
- About Sri Lotus Developers IPO
- IPO Subscription Details
- How to Check IPO Allotment Status
- Listing Date and GMP
- What If You Are Not Allotted Shares?
- Final Thoughts
- Source
🔍 Introduction
The Sri Lotus Developers IPO has sparked interest across the Indian investor community, especially among those watching SME space for early investment opportunities. If you’ve applied for this IPO, it’s time to check whether you’ve received an allotment. In this blog, we walk you through the full process to check the allotment status, understand refund rules, listing date, and what to expect next.
🏢 About Sri Lotus Developers IPO
Sri Lotus Developers Ltd is a fast-growing real estate company focused on sustainable residential and commercial spaces. Known for its design innovation and urban planning approach, the company launched its IPO to support expansion, loan repayment, and infrastructure development.
- IPO Open Date: July 29, 2025
- IPO Close Date: July 31, 2025
- Issue Size: ₹120 Crores
- Price Band: ₹95 – ₹100 per share
- Lot Size: 150 shares
- Listing Platform: BSE SME
📊 IPO Subscription Details
The IPO witnessed a stellar response from investors, particularly in the retail and HNI segments. Below is a summary of how different investor categories subscribed:
| Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 15.32x |
| Non-Institutional Investors (NII) | 46.81x |
| Retail Individual Investors (RII) | 72.96x |
| Overall | 55.36x |
🧾 How to Check IPO Allotment Status
There are multiple ways to check the Sri Lotus Developers IPO allotment status:
1. Through BSE Website
- Visit bseindia.com
- Select ‘Equity’
- Choose ‘Sri Lotus Developers Ltd’
- Enter your PAN and Application Number
- Click ‘Search’ to check status
2. Via Registrar Website (Bigshare Services)
- Visit bigshareonline.com
- Click on ‘IPO Allotment Status’
- Select Sri Lotus Developers IPO
- Enter your PAN or DP Client ID
- Check your allotment details
3. Through Broker Apps
Platforms like Zerodha, Groww, Upstox, Angel One, and Paytm Money show allotment updates in their IPO section.
📅 Listing Date and GMP
- Expected Listing Date: August 7, 2025
- Grey Market Premium (GMP): ₹50 – ₹60
- Estimated Listing Price: ₹150 – ₹160 per share
Note: GMP is unofficial and can change daily. Use it as a trend, not a guarantee.
😕 What If You Are Not Allotted Shares?
Due to the high oversubscription (72x in retail), many investors may not get any shares. Don’t worry:
- Your application money will be refunded automatically within 2–3 working days.
- You can verify the refund via your UPI app or bank account.
- If still interested, wait for the stock to list and watch early trends before investing.
🧠 Final Thoughts
The Sri Lotus Developers IPO has seen phenomenal demand, especially from retail investors. Whether you got an allotment or not, the company’s growth story and listing response will be worth observing. Remember, IPO investing should be based on company fundamentals, not just hype. Always diversify and manage your risks wisely.
📚 Source
- BSE India
- Bigshare Services Pvt Ltd
- Red Herring Prospectus (RHP) of Sri Lotus Developers
- Chittorgarh, Economic Times IPO Section, MoneyControl IPO Dashboard
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