Real Estate
Sri Lotus Developers IPO Live: Subscription Status, GMP, and Key Details
Sri Lotus Developers, a Mumbai-based real estate firm backed by Bollywood celebrities, has seen robust subscription on its IPO's second day. The issue, priced at ₹140-150 per share, is currently booked 7.51x. Analysts recommend long-term investors to subscribe, given the company's focus on high-end real estate projects.
real estate news
Sri Lotus Developers IPO: Real Estate Giant Sees Strong Demand, Check GMP and Details
Sri Lotus Developers, a Mumbai-based real estate firm backed by Bollywood celebrities, opened its IPO on July 30. The issue has been booked 7.51 times so far, with a strong GMP of ₹44. Learn more about the company, its projects, and investment recommendations.
Real Estate Maharashtra
Sri Lotus Developers IPO Sees Impressive 3.59x Subscription on Opening Day
Sri Lotus Developers and Realty Ltd, a prominent real estate company backed by Bollywood stars and renowned investor Ashish Kacholia, witnessed a robust 3.59 times subscription on the first day of its initial public offer (IPO).
Real Estate Mumbai
Sri Lotus Developers IPO Surges 4x on Day 1 with 14.24 Cr Bids; GMP Rises 31%
Sri Lotus Developers, a luxury real estate developer based in Mumbai, saw its ₹792-crore IPO oversubscribed by 4x on the first day, with a grey market premium (GMP) jumping 31%.
real estate news
Sri Lotus Developers IPO Fully Subscribed on Day 1: Key Details and Insights
Sri Lotus Developers' IPO was fully subscribed on the first day, reflecting strong investor interest in the real estate market. The company plans to use the net proceeds for project construction and general corporate expenses.
Real Estate Mumbai
Sri Lotus Developers IPO Surges on Day One, Achieving 3.59 Times Subscription
Sri Lotus Developers and Realty Ltd, backed by Bollywood icons and investor Ashish Kacholia, witnessed a robust demand on the first day of its IPO, achieving a subscription rate of 3.59 times. The IPO aims to raise Rs 792 crore to fund various real estate projects in Mumbai.