Mumbai, Aug. 6 -- The scrip was listed at Rs 179.10, exhibiting a premium of 19.4% to the issue price.
So far, the stock has hit a high of Rs 182.95 and a low of Rs 176.60. On the BSE, over 36.56 lakh shares of the company were traded in the counter so far.
The initial public offer of Sri Lotus Developers and Realty was subscribed 69.14 times. The issue opened for bidding on 30 July 2025 and it closed on 1 August 2025. The price band of the IPO is fixed between Rs 140 and 150 per share.
The offer comprised a fresh issue of equity shares worth up to Rs 792 crore. Of the net proceeds, the company intends to invest Rs 550 crore in its subsidiaries-Richfeel Real Estate, Dhyan Projects, and Tryksha Real Estate-to partially fund the developmen...