Overview

• The basis of allotment for the fully fresh issue of 5.28 crore shares was finalized on August 4 as part of the ₹792 crore IPO.
• The public offering closed with an overall subscription rate of 74.10×, including 175.61× for QIBs, 61.82× for NIIs and 21.77× for retail investors.
• Investors can now check their allotment status on the BSE, NSE or KFin Technologies websites using PAN, application number or DP client ID.
• Grey market premiums of approximately 24.7% signal strong demand and expected gains on debut.
• Sri Lotus Developers shares are scheduled to list on both the BSE and NSE on August 6.