Sri Lotus Developers and Realty OFS
Non-Retail (Institutional & HNI) • Floor ₹240.00 • Offer size 2.14Cr shares
Subscription
1.05x
Floor
₹240.00
Total Bids
2.49Cr
Status
Closed
Cut-off
₹240.00
+0.0% vs floor
Subscription
1.05x
2.49 Cr Shares Bid
Floor
₹240.00
Offered
2.39Cr
2.14 + 0.24 GS
Status
Closed
Floor Price
₹240.00
Minimum bid · OFS
Subscription
1.05x
On total offered (incl. green shoe)
Status
Closed
2.39Cr offered
Cut-off Price
Lowest price covering the full offer
₹240.00
Offered (Base)
2.14Cr
Green Shoe
24.34L
Total Offered
2.39Cr
Total Bids
2.49Cr
Demand Depth
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Updated 12:18 PM IST
| Price | Total | Cut-off |
|---|---|---|
| ₹240.00 Cut-off ✓ | 2,49,47,864 | PASS ~94% allotted |
| ₹240.01 | 47,85,840 | PASS |
| ₹240.02 | 47,18,654 | PASS |
| ₹240.04 | 46,71,046 | PASS |
| ₹240.05 | 46,69,046 | PASS |
| ₹240.10 | 37,12,743 | PASS |
| ₹240.11 | 33,16,546 | PASS |
| ₹240.15 | 33,14,546 | PASS |
| ₹240.20 | 28,97,146 | PASS |
| ₹240.25 | 28,74,351 | PASS |
| ₹240.30 | 27,66,351 | PASS |
| ₹240.35 | 27,16,351 | PASS |
| ₹240.40 | 26,66,351 | PASS |
| ₹240.45 | 26,25,501 | PASS |
| ₹240.50 | 25,75,501 | PASS |
| ₹240.60 | 24,93,426 | PASS |
| ₹241.25 | 24,92,586 | PASS |
| ₹241.50 | 11,114 | PASS |
| ₹241.90 | 10,280 | PASS |
| ₹242.00 | 7,280 | PASS |
| ₹243.00 | 4,300 | PASS |
| ₹250.00 | 2,200 | PASS |
Sri Lotus Developers OFS — Overview
Sri Lotus Developers and Realty (LOTUSDEV) is conducting an Offer for Sale (OFS) for non-retail (institutional and HNI) investors, offered by Anand Kamalnayan Pandit (Promoter), with bidding on 3 November 2026 at a floor price of ₹240.00 per share on BSE / NSE. The base offer size is 2.14Cr shares, with a green-shoe option of 24.34L shares taking the total on offer to 2.39Cr shares. The final subscription stands at 1.05x, with a cut-off price of ₹240.00. This OFS has now closed; allotment follows SEBI's OFS framework and the exchange's allocation method for this issue.
How to read the bid book
What is the Green Shoe option?
The Green Shoe (over-allotment) option lets the seller offer extra shares beyond the base size when demand is strong. Here the base offer is 2.14Cr shares, and with the green shoe the seller can sell up to 2.39Cr shares in total. The subscription and cut-off shown here are measured against the full base + green-shoe size — the figure that actually governs allotment.
Sri Lotus Developers and Realty OFS – Issue Details
Eligibility – Non-Retail (Institutional & HNI)
Non-retail investors bid on 3 November 2026, and the portion was subscribed about 1.16 times. After trading hours on 3 November the seller exercised the oversubscription option for 27,04,182 of the 50,00,000 additional shares, taking the total offer to 2,65,00,000 shares. Retail investors bid on 4 November 2026, along with non-retail investors carrying forward their unallotted bids. The promoter is selling to meet the minimum public shareholding requirement.
How to Apply for Sri Lotus Developers and Realty OFS (Non-Retail)
- 1Access the OFS platform through your institutional broker or trading terminal
- 2Search for Sri Lotus Developers in the OFS / Secondary Market Offers section
- 3Place bid at or above floor price ₹240.00. Higher bids get priority
- 4Multiple bids at different prices are allowed
- 5Allotment on T+1. Unallotted funds released immediately