Share Market News / Amitabh-Shahrukh's favorite company is going to bring IPO, here are the complete details

Share Market News: Amid the ongoing turmoil in the stock market, a new company is going to knock in the IPO market next week, which has already caught the attention of Bollywood's big stars. The name of the company is Shri Lotus Developers, and its IPO is going to open in the market on 30 July 2025. Film stars like Shahrukh Khan, Amitabh Bachchan, Hrithik Roshan have already invested in this company. Let us know all the information related to this IPO in detail.

Key information of IPO

The IPO of Shri Lotus Developers, a Mumbai-based real estate company, will open on 30 July 2025 and investors will be able to apply in it till 1 August 2025. The company has fixed the price band of its issue at Rs 140 to Rs 150 per share. Through this IPO, the company aims to raise Rs 792 crore.

IPO details

• Issue opening date: 30 July 2025
• Issue closing date: 1 August 2025
• Price band: ₹140 - ₹150 per share

Target: Raise ₹792 crore

Investment by Bollywood stars

• Shri Lotus Developers offered stocks to 118 investors at a price of Rs 150 per share through private placement in the year 2024. During this time many Bollywood celebrities invested in the company:
• Amitabh Bachchan: 6.66 lakh shares, with an investment of ₹10 crore.
• Shahrukh Khan Family Trust: 6.75 lakh shares, for around ₹10.1 crore.
• Hrithik Roshan and Rakesh Roshan: Both bought 70-70 thousand shares.

Apart from this, other Bollywood biggies like Ekta Kapoor, Tusshar Kapoor, and Jitendra also participated in this investment round. Key investors also included institutions such as Ashish Kacholia, Jagdish Master, and DR Choksey Finserv. The company raised Rs 399.20 crore through this private placement. However, the share price has remained stable so far, due to which investors have not got any benefit.

What does Shri Lotus Developers do?

Established in February 2015, Shri Lotus Developers and Realty Limited works on ultra-luxury and luxury redevelopment projects in the western suburbs of Mumbai. The company focuses on high-end real estate development. As of June 30, 2025, the company has a developable area of 0.93 million square feet.

Company Projects

• Completed Projects: 4
• Projects in Progress: 5
• Future Projects: 11 (in planning)

Considerations for Investors

The IPO of Shri Lotus Developers can be an attractive opportunity for those looking to invest in the real estate sector. The company's projects and investments by Bollywood stars have already made it a topic of discussion. However, given the volatility of the stock market and the stable price of the company's shares, investors should analyze carefully.