Among those who buy shares of Mr. Lotus Developers in the anchor round, Tata Mutual Fund, Mahindra Manulife Mutual Fund, Nippon Mutual Fund, Samsung India Mid and Small Focus Securities Master Investment Trust, Nuwama Asset Management Limited, Nuwama Asset Management Limited, HSBC Mutual Fund, SBI Mutual Fund, Citygroup Global Markets Mauritius Private Limited, Nomura Singapore Limited and Future Jenrali India Life Insurance Company Limited.
What is the price band of Mr. Lotus Developers IPO?
The price band of Shri Lotus Developers and Realty IPO has been fixed at Rs 140-150 per share. This is equal to the fixed price during the private placement held in November 2024. At that time, the company raised Rs 400 crore by selling shares of Rs 150 to 118 investors. After the completion of the subscription of the IPO, the allocation of shares is expected on August 4 and its listing can be done on 6 August.
How is the financial performance of Mr. Lotus Developers?
The company’s financial performance has also been strong. In FY 2025, the company received a revenue of ₹ 549.68 crore, which is more than ₹ 461.58 crore in the previous year. At the same time, the net profit was ₹ 227.89 crore, while it was ₹ 119.81 crore a year ago. At present, the total debt on the company is ₹ 122.13 crore.
(Disclaimer: Investment made in IPO is subject to market risks. If you want to invest in IPO then consult the first certified Investment Advisor. News18 will not be responsible for any kind of profit or loss.)
