Sri Lotus Developers IPO allotment was finalized today, August 4, after ~74× oversubscription. Check your allocation status on KFinTech registrar, BSE or NSE. GMP stands at ~₹37 (≈25% gain). Listing scheduled for August 6, 2025.
📅 Sri Lotus Developers IPO Allotment Status: What’s Happening Now
The Sri Lotus Developers & Realty IPO—a ₹792 crore fresh issue priced at ₹140–150 per share—received overwhelming demand, subscribed ~74.1× overall, with retail (~21.8×), NII (~61.8×) and QIB (~163.9×) showing strong interest.Moneycontrol+8The Economic Times+8India Today+8The Economic Times+5Moneycontrol+5India Today+5
Today, August 4, 2025, the basis of allotment is finalized. Shares are expected to be credited to demat accounts and refunds processed by August 5, ahead of listing on BSE & NSE on August 6.The Hans India+2mint+2The Economic Times+2
🧭 How to Check Your Allotment Status Online
✅ Via Registrar — KFin Technologies
- Visit the KFinTech IPO Allotment Status page
- Select “Sri Lotus Developers & Realty Ltd.”
- Enter PAN / Application Number / Demat ID
- Enter captcha and click Submit
- Allotment status appears instantlyThe Economic Times+6Moneycontrol+6The Hans India+6The Economic TimesBusiness Today+6mint+6The Hans India+6
✅ Via BSE Portal
- Go to the BSE Application Status page
- Under Issue Type, select Equity
- Choose Sri Lotus Developers
- Enter PAN or Application Number and verify captcha
- Click Search to view your statusMoneycontrol+11The Economic Times+11mint+11Business Today+2India Today+2mint+2
- ✅ Via NSE Bid Verification
- Navigate to NSE IPO bid verification section
- Select Equity & SME IPO bids
- Choose Sri Lotus Developers from dropdown
- Enter PAN and Application Number → Submit
- Allotment info appears on-screenRepublic World+1mint+1Moneycontrol+2mint+2Moneycontrol+2India TodayBusiness Today+7The Economic Times+7mint+7
📊 Subscription & GMP: What the Market Says
- Oversubscription: ~74× overall
- Subscription breakdown: Retail ~21.8×, NII ~61.8×, QIB ~163.9×The Hans India+6The Economic Times+6India Today+6
- Grey Market Premium (GMP): ₹37/hour—it suggests a potential listing price of ₹187/share, a ~25% gain over the ₹150 issue priceThe Economic Times+8India Today+8mint+8
The GMP has cooled from initial highs (~28%) down to 25% as supply expectations stabilized.The Economic Times
Listing is expected on August 6, 2025, on both BSE & NSE.
FAQs
❓ When was the allotment finalized?
Allotment for Sri Lotus Developers IPO was finalized today—August 4, 2025, after the initial bidding closed on August 1.The Economic Times+6mint+6Republic World+6
❓ When will shares or refunds be credited?
Shares (for allottees) and refunds (for non-allottees) are expected by August 5, 2025.zerodha.commint
❓ What is the GMP and its significance?
The IPO GMP stands at ₹37/share, hinting at an estimated listing price of ₹187, implying ~25% return from listing if sentiment holds.India TodayThe Economic Times
❓ Which portal is most reliable for checking status?
Start with KFin Technologies registrar portal. If slow, fallback to BSE or NSE allotment portals, all updated in real-time.The Economic Times+2mint+2India Today+2
📝 Summary Table
| Item | Details |
|---|---|
| ❇️ IPO Price Band | ₹140–₹150 per share |
| 📉 Oversubscription | ~74.1× across categories |
| ✅ Allotment Finalised | August 4, 2025 |
| 💳 Refunds / Share Credit | By August 5, 2025 |
| 📈 Listing Date | August 6, 2025 (BSE & NSE) |
| 💰 GMP | ₹37 (≈25% estimated listing gain) |
🔍 What Should Investors Do Now?
- If you’re allotted shares, consider placing a sell order near ₹185–₹190 on August 6 to capitalize on listing-day momentum.
- If not allotted, observe early trading for long-term trends before entering. Sri Lotus’s luxury redevelopment pipeline in Mumbai lends some confidence.
- Set brokerage alerts to track share credit and block release by August 5.
⚠️ Disclaimer
This article is for informational purposes only. Allotment status, timelines, and GMP estimates are based on verified media sources as of August 4, 2025. IPO gains aren’t guaranteed—please consult a SEBI-registered financial advisor before investing.
