Sri Lotus Developers and Realty’s IPO is set to open on July 30, aiming to raise ₹792 crore for expansion. The IPO follows a private placement where shares were allotted to Bollywood celebrities and high-profile investors at ₹150 apiece. The company focuses on luxury redevelopment projects in Mumbai’s western suburbs.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets