The shares were allocated in 2024 for RS 150 each to SRK, Big B, the Roshan family and experienced investor Ashish Kacholia.
The IPO of Sri Lotus Developers saw a robust question in all categories for investors, with a general subscription of 69.14 times. The retail trade was subscribed 20.28 times, non-institutional investors (NII) offer their quota 57.71 times, while qualified institutional buyers (QIBS) led with an overwhelming subscription of 163.90 times.
The investment of Shah Rukh Khan probably wins:
The Shah Rukh Khan Family Trust has 6.75,000 shares and invests RS 10.1 Crore. If the shares of Sri Lotus developers are mentioned for RS 192, the win for King Khan RS would be 2.83 crore.
Amitabh Bachchan’s investment and expected profit:
Amitabh Bachchan purchased 666,670 shares for RS 10 Crore at the time of private placement, according to the Red Herring Prospectus (RHP) submitted by the company. The likely profit for Big B could be to be RS 2.8 Crore.
Roshan -Family
Hrithik Rakesh Roshan and his father Rakesh Roshan each have 70,000 shares in the company. Their win would be RS 29.40 Lakh each.
Ashish Kacholia
Kacholia had to erupt almost RS 50 Crore for 3,333,300 shares shares. His profit could be to be RS 13.99 Crore.
Sri Lotus developers raised RS 399.20 Crore through a private placement for 118 individuals and entities before they submitted his Concept Red Herring Prospectus (DRHP) in December 2024. The December round also caused investments from other celebrities such as Ektaa Ravi Kapoor, her brother Tusshar Kapoor and their father Jeetendra.
The company attracted a lot of interest from Bollywood because his promoter, Anand Kamalnayan Pandit, is also a prominent film producer and distributor.
Other selection framework investors such as Jagdish Master and Drchoksey Finnier have also invested in the company.
Via the IPO, a matter of building books, planning to collect Sri Lotus developers 792 crores.
Sri Lotus Developers and Realty Limited, recorded in February 2015, is a developer of residential and commercial properties in Mumbai, Maharashtra, specialized in redevelopment projects within the Ultra-Luxe and luxury segments of the Western Outskijks.
From June 30, 2025, the company had a developable area of 0.93 million square feet, which include residential and commercial properties.
((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
#Sri #Lotus #Developers #IPO #Latest #GMP #suggests #SRK #Big #Ashish #Kacholia #Pocket #profits