Registered Office:
5 & 6th Flr Lotus Tower 1 Jain,Hind Society N S Rd 12/A JVPD,
Mumbai
-
400049,
Maharashtra, India.
Phone :
+91 75062 83400 Fax:
Email : investors@lotusdevelopers.com
Website : www.lotusdevelopers.com
|
Initial public offering of up to [*] equity shares of face value of Re. 1/- each ("Equity Shares") of the company for cash at a price of Rs. [*] per equity share (Including a Share Premium of Rs. [*] per Equity Share) ("Issue Price") aggregating up to Rs. 792.00 crores (The "Issue").
The issue includes a reservation of up to [*] equity shares aggregating up to Rs. 2.00 crores (Constituting up to [*] % of the Post-Issue Paid-Up Equity Share Capital of the Company) for subscription by eligible employees (The "Employee Reservation Portion"). The company, in consultation with the book running lead managers ("BRLMS"), may offer a discount of up to [*] % of the issue price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The issue less the employee reservation portion is hereinafter referred to as the "Net Issue". The issue and the net issue shall constitute [*] % and [*] %, respectively, of the post-issue paid-up equity share capital of the company.
Price Band:Rs. 140 to Rs. 150 per equity share of the face value of Re.1 each.
The floor price is 140 times of the face value the cap price is 150 times of the face value.
Bids can be made for a minimum of 100 equity shares and in multiples of 100 equity shares thereafter.
A discount of Rs.14 per equity share is being offered to eligible employees bidding in the employee reservation portion.
|
|
Issue
|
Money Payable On
|
Opens On
|
Closes On
|
Application
|
Allotment
|
30-Jul-25
|
01-Aug-25
|
(Rs) 140.00
|
(Rs) 0.00
|
|
Minimum Application for shares in Nos :
100
Further Multiples of :
100
|
|
|
|
Lead Managers to the Issue
|
Project Cost (Rs.Cr)
|
0.00
|
Monarch Networth Capital Ltd
|
Project Financed through Current Offer (Rs.Cr)
|
792.00
|
|
Post Issue Equity Share Capital (Rs.Cr)
|
48.87
|
|
Issue Price (Rs)
|
140.00
|
|
|