Sri Lotus Developers
31 Oct 2025
Investment Banking
Monarch Networth Capital Limited successfully drives the closure of ₹792 cr IPO of Sri Lotus Developers and Realty Limited
Subscription Details
- QIBs - 175.61x
- NIIs - 61.82x
- RIIs - 21.77x
Monarch Networth Capital’s Value Add
- As Left Lead BRLM, we advised the company through the entire IPO process by closely working with the management team
- Played a pivotal role in determining the company’s fair value, contributing to the outstanding subscription to the offer
- Extensively marketed the deal by leveraging our robust network of Institutional Investors, Alternate Investment Funds (AIFs), HNIs and Retail Investors
Transaction Highlights
- IPO comprised of fresh issue of ₹792 cr
Positioned Lotus Developers as one with:
- Having strategic position in the ultra-luxury and luxury segment of the residential real estate market of western suburbs of Mumbai with a customer centric focus and strong pipeline of projects
- Strong brand recognition with ability to sell at a premium pricing, allowing sales throughout the construction phase
- Asset-light model for development of projects through development agreements, enabling us to maintain high level of operating cash flows
- End to end capabilities and timely completion of projects
- Experienced promoters and management team
