Mumbai, August 6, 2025 – Sri Lotus Developers and Realty Limited made an impressive debut on the stock exchanges, closing its first day of trading with a 31.23% premium and achieving a market capitalization above $1.1 billion.

The stock listed at ₹179.10 per share on BSE (19.40% premium) and ₹178 per share on NSE (18.67% premium). It closed at ₹196.85 on BSE and ₹195.80 on NSE.

• Total Day 1 Volume: 918.23 lakh shares (NSE) and 169.41 lakh shares (BSE)
• Total Turnover: ₹2,035.08 crore (BSE + NSE)
• Market Cap: ₹9,620.53 crore (BSE), ₹9,569.21 crore (NSE)
• The ₹792 crore IPO, open from July 30 to August 1, 2025, saw overwhelming demand:
• QIB Portion: 175x subscribed
• NII Portion: 61.82x subscribed
• Retail Portion: 21.77x subscribed
• Employee Portion: 21.37x subscribed

Anand Pandit, CMD – Sri Lotus Developers and Realty Ltd, said:

“We are incredibly thankful to our investors for their trust and confidence as we embark on this journey as a publicly listed company. We remain committed to driving growth, innovation, and value for all our stakeholders.”

About Sri Lotus Developers and Realty:
Based in Mumbai, the company specializes in ultra-luxury and luxury residential redevelopment projects in the western suburbs under the “Lotus Developers” brand, along with commercial developments. As of June 30, 2025, it has completed 0.93 million sq. ft. of residential and commercial space.

Their portfolio spans:

• Luxury Residential Segment: 2BHK & 3BHK flats (₹3–₹7 crore)
• Ultra Luxury Residential Segment: 3BHK, 4BHK, penthouses (₹7+ crore)
• Commercial Segment: Office spaces in prime locations

For further queries:

Shahab Shaikh, shahab@conceptpr.com, 93208 97525

Athira V Sunil, athira.v@conceptpr.com 99872 89750

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