New Delhi, July 29 -- Sri Lotus Developers IPO opens for subscription on tomorrow (Wednesday, July 30). Sri Lotus Developers, based in Mumbai, specializes in real estate, particularly focusing on the redevelopment of high-end residential and commercial properties within the luxury and ultra-luxury segments of Mumbai's western suburbs.

As of June 30, 2025, the company has successfully completed a total developed area of 0.93 million square feet across both residential and commercial projects.

According to the red herring prospectus (RHP), Arkade Developers Ltd has a P/E ratio of 22.03, Keystone Realtors Ltd has a P/E of 48.18, Suraj Estate Developers Ltd has a P/E of 14.91, Sunteck Realty Ltd's P/E stands at 43.26, Mahindra Lifespaces Lt...