IPO Guru
Bajaj
Open Today

2 OFS issues are open for bidding today.

View All
Non-Retail Closed

Sri Lotus Developers and Realty OFS

Non-Retail (Institutional & HNI) • Floor ₹240.00 • Offer size 2.14Cr shares

Live · LOTUSDEV · LTP
₹236.68 — Live updating

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

IPO Guru Android app icon
Free Android App

Track this OFS live on your phone

Install free on Google Play

Live Bid Book

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
Showing 22 price levels

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

PASS — bid ≥ cut-off, will be filled FAIL — bid below cut-off, unlikely to fill ~% at cut-off — est. pro-rata at the cut-off price (above = 100%) Cut-off — lowest price where the offer is fully subscribed

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

Company Sri Lotus Developers and Realty
NSE / BSE Symbol LOTUSDEV / 544469
Offer Type Offer for Sale (OFS)
Investor Category Non-Retail (Institutional & HNI)
Floor Price ₹240.00 per share
Retail Discount Not Applicable
Base Offer Size 2.14Cr (21,416,236) shares
Green Shoe Size 24.34L (2,433,764) shares
Total Offered (Base + GS) 2.39Cr (23,850,000) shares
Total Bids Received 2.49Cr (24,947,864) shares
Subscription (Base) 1.16x
Subscription (incl. Green Shoe) 1.05x
Base Cut-off Price ₹240.00
Green Shoe Cut-off Price ₹240.00
Last Traded Price ₹236.68
Open Date Tuesday, 3 November 2026
Close Date Tuesday, 3 November 2026
Seller Anand Kamalnayan Pandit (Promoter)
Exchange BSE / NSE
Settlement T+1 (next trading day)

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)

  1. 1Access the OFS platform through your institutional broker or trading terminal
  2. 2Search for Sri Lotus Developers in the OFS / Secondary Market Offers section
  3. 3Place bid at or above floor price ₹240.00. Higher bids get priority
  4. 4Multiple bids at different prices are allowed
  5. 5Allotment on T+1. Unallotted funds released immediately
Disclaimer: Live OFS bid data is sourced from NSE and BSE and stored in our database every ~3 minutes during market hours. It is provided for informational purposes only. IPO Guru does not provide investment advice. Always refer to official exchange platforms for authoritative data. Consult a SEBI-registered financial advisor before making investment decisions.
Advertisement