Sri Lotus Developers IPO listed @ Rs. 178
Sri Lotus Developers IPO GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com
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Final subscription Tally
| QIB | B HNI X | S HNI X | NII X | RII X | Total X |
| 175.61 | 59.13 | 67.82 | 61.82 | 21.77 | 74.10 |
| Applications: 34,79,062 | |||||
| Subscription Review: Good trend observed on the last day itself |
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Who is the promoter of Sri Lotus Developers IPO?
The promoters of the Company are Anand Kamalnayan Pandit, Roopa Anand Pandit and Ashka Anand Pandit. The promoters hold 91.78% holding in the pre-IPO capital
What are the Objects of Sri Lotus Developers IPO?
The net proceeds of the Issue are proposed to be utilised for the following objects:
- Investment in our Subsidiaries, Richfeel Real Estate Private Limited, Dhyan Projects Private Limited and Tryksha Real Estate Private Limited for part-funding development and construction cost of our Ongoing Projects, Amalfi, The Arcadian and Varun, respectively; and
- General corporate purposes.
What is the business of Sri Lotus Developers?
