New Delhi, July 28 -- The Sri Lotus Developers and Realty IPO, set to launch on Wednesday, July 30, has issued equity shares through a private placement to several Bollywood stars. Notable figures include Shah Rukh Khan, Amitabh Bachchan, the Roshan family, and seasoned investor Ashish Kacholia. In 2024, shares were issued at a price of Rs.150 each.

All of these investors have yet to see any returns. The company's IPO is priced between Rs.140-150 per share, which aligns with the price from its November 2024 private placement round when it raised Rs.400 crore. At that time, shares were offered at Rs.150 each to 118 investors-exactly matching the upper limit of the Sri Lotus Developers IPO price band.

The Shah Rukh Khan Family Trust has t...