Star-Powered Sri Lotus Developers Set to Launch ₹792-Crore IPO

Sri Lotus Developers, under its flagship brand Lotus Developers, is preparing for a grand debut on the IPO street. The company, known for its presence in both residential and commercial real estate, has received approval from SEBI to launch a ₹792-crore initial public offering.

But what’s grabbing headlines is not just the IPO—it’s the galaxy of Bollywood stars behind the brand.

From Film Sets to Real Estate

At the heart of the company’s glam connection is Anand, who’s not only a real estate entrepreneur but also a well-known film producer. His office walls are lined with life-size portraits of iconic stars like Amitabh Bachchan and Ajay Devgn, along with posters from numerous Hindi, Gujarati, and Marathi films.

Anand has produced multiple films featuring Bachchan, Devgn, and Emraan Hashmi. He also co-produced “Swatantrya Veer Savarkar” starring Randeep Hooda, a film that drew both attention and box-office success.

Celebrity Investors Join the IPO Journey

Ahead of the public offering, the company conducted a private placement round in December, raising ₹400 crore. The round wasn’t short on star power—Amitabh Bachchan and Shah Rukh Khan’s family trust each picked up stakes worth ₹10 crore.

Hrithik Roshan joined in with a ₹1 crore investment, and other Bollywood names like Ajay Devgn, Ektaa Kapoor, Rajkumar Rao, and Tiger Shroff also participated.

Real Estate Expansion in Full Swing

So far, under the Lotus Developers brand, the company has completed three projects, is actively building six more, and has seven additional projects in the pipeline. These span both residential and commercial real estate segments, reflecting the company’s growing ambitions.

With the IPO nearing, Sri Lotus Developers aims to scale its operations and expand its presence across the Indian real estate landscape, leveraging not just funding but also the credibility brought in by its star-studded investor lineup.