Mumbai-focused real estate developer, Sri Lotus Developers and Realty Limited, announced its IPO of ₹792 crore. The 100% fresh issue, with shares priced between ₹140 to ₹150, seeks to finance luxury residential and commercial developments. The company reported impressive PAT growth from ₹1.68 crore in FY23 to ₹22.78 crore in FY25, reflecting its strong financial performance.