India, July 24 -- Mumbai-based Sri Lotus Developers and Realty Ltd, backed by Shah Rukh Khan's family trust, Amitabh Bachchan, Hrithik Roshan, and investor Ashish Kacholia, is set to launch its Initial Public Offering (IPO) next week. The company aims to raise around Rs.792 crore to fund three ongoing real estate projects in Mumbai.

The developer will continue to focus on prime city locations, with an emphasis on redeveloping old buildings to deliver luxury apartments priced between Rs.10 crore and Rs.50 crore.

As of June 30, 2025, the company had completed 0.93 million sq ft of developable area, spanning both residential and commercial assets, with a future pipeline exceeding 1.8 million sq ft. Its portfolio includes four completed pro...