Shah Rukh Khan-backed Sri Lotus Developers and Realty IPO set to redefine Mumbai’s luxurious actual property sport with Rs. 792 cr subject : Bollywood News-OxBig News Network

In December 2024, Bollywood Hungama reported that Shah Rukh Khan Family Trust, Amitabh Bachchan purchased shares value Rs. 10 crores in Anand Pandit’s Lotus Developers’ IPO. As for Hrithik Roshan, he purchased 70,000 shares for round Rs. 1 crore. Meanwhile, Sara Ali Khan, Ektaa Kapoor, Tiger Shroff and Rajkummar Rao additionally purchased small stakes within the firm. Now, it has come to mild that Sri Lotus Developers and Realty has obtained remaining approval from SEBI for its Rs 792 crore public subject, all by way of contemporary fairness—no offer-for-sale element.

Shah Rukh Khan-backed Sri Lotus Developers and Realty IPO set to redefine Mumbai’s luxurious actual property sport with Rs. 792 cr subject

Anand Pandit, who owns Sri Lotus Developers and Realty, has an extended affiliation with Bollywood as many stars personal industrial and residential areas within the properties developed and managed by Lotus Developers. He then turned producer and has backed a number of movies like Pyaar Ka Punchnama 2 (2015), Sarkar 3 (2017), Satyameva Jayate (2018), Baazaar (2018), Batla House (2019), Total Dhamaal (2019), PM Narendra Modi (2019), The Big Bull (2021), Chehre (2021), Doctor G (2022), Thank God (2022), Kabzaa (2023), Swatantrya Veer Savarkar (2024) and so forth.

As per an article in The Economic Times, Sri Lotus Developers and Realty, identified for remodeling Mumbai’s western suburbs with ultra-premium 2BHKs to sprawling penthouses, is now getting into the general public market limelight. Its IPO proceeds will gas formidable actual property tasks beneath its subsidiaries—Richfeel, Dhyan Projects and Tryksha—together with high-end developments like Amalfi, The Arcadian, and Varun.

The movie star sparkle started in December 2024 throughout a Rs 400 crore pre-IPO placement, the place shares had been issued at Rs 150 apiece. The Shah Rukh Khan Family Trust grabbed 6.75 lakh shares for Rs 10.1 crore, whereas Amitabh Bachchan additionally invested Rs 10 crore. Hrithik Roshan, Ajay Devgn, Ektaa Kapoor, Sara Ali Khan, Tiger Shroff, and Rajkummar Rao joined the star-studded investor line-up. Veteran investor Ashish Kacholia led the pack with a Rs 50 crore stake, buying over 33 lakh shares.

Sri Lotus has made a reputation with joint and redevelopment ventures, focusing on aspirational owners within the Rs 3-7 crore bracket, and luxurious consumers in search of Rs 7 crore-plus properties. As per The Economic Times story, in FY24, the corporate’s income surged by almost 177% to Rs 461.57 crore, up from Rs 166.87 crore in FY23. Net revenue skyrocketed over sixfold to Rs 119.81 crore. In simply the primary half of FY25, Sri Lotus has already logged Rs 243.42 crore in income with Rs 90.63 crore in revenue.

With glam, development, and glittering numbers, this Shah Rukh Khan-backed IPO isn’t only a actual property play—it’s a red-carpet rollout for traders eyeing Mumbai’s booming luxurious section.

Also Read: Is Shah Rukh Khan starrer King beginning tomorrow? Siddharth Anand drops cryptic trace forward of Suhana Khan’s birthday

Tags : Amitabh Bachchan, Anand Pandit, Bollywood News, Ektaa Kapoor, Lotus Developers, Luxury, Mumbai, News, Rajkummar Rao, Realty IPO, Sara Ali Khan, Shah Rukh Khan, Shah Rukh Khan Family Trust, SRK, Tiger Shroff

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