Sri Lotus Developers and Realty launched its Rs 792 crore IPO today. The IPO aims to tap into investor interest in Mumbai's luxury real estate market. The company plans to use the funds to support ongoing projects and for general corporate needs. Analysts suggest potential investors to consider subscribing for long-term gains and listing benefits. Sri Lotus Developers IPO opens today: GMP up 29%; should you apply? Veteran investor Ashish Kacholia is a shareholder in the company, along with celebrities such as Amitabh Bachchan, Shah Rukh Khan, Hrithik Roshan, Ekta Kapoor, Tiger Shroff, and others Check the latest Grey Market Premium ( GMP ) for Sri Lotus Developers IPO . Stay updated with live price trends and market demand. Sri Lotus Developers was listed on the stock exchange on 2019-10-14 00:00:00. The IPO was subscribed 74.1x. The last GMP for Sri Lotus Developers IPO was ₹27, updated on Aug 6th 2025 09:29 AM. As per the last GMP , the expected profit/loss for the IPO was 18.00%. The issue price of Sri Lotus Developers IPO (LOTUSDEV,544469) was ₹150.00, listed at a price of ₹178.00, which is 18.67% higher than the allotment price. The expected IPO listing price as per grey market was ₹177, listed ...