Description
NSE notification for listing of equity shares of Sri Lotus Developers and Realty Limited on Capital Market segment effective August 06, 2025.
Summary
NSE has notified the listing of equity shares of Sri Lotus Developers and Realty Limited on the Capital Market segment effective August 06, 2025. The company will trade under symbol LOTUSDEV with ISIN INE0V9Q01010, face value Re. 1/- and issue price of Rs. 150/-. Total securities listed: 488,723,710 equity shares with market lot size of 1.
Key Points
- Trading symbol: LOTUSDEV
- ISIN: INE0V9Q01010
- Face value: Re. 1/- each, fully paid up
- Issue price: Rs. 150/-
- Total securities: 488,723,710 equity shares
- Market lot size: 1
- Series: EQ (Equity)
- Pre-open session applicable for IPO category
Regulatory Changes
No regulatory changes introduced. Standard IPO listing procedure under existing NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Members must use designated security codes for trading
- Trading permitted only in specified lot sizes
- Security will participate in pre-open session as per SEBI circulars CIR/MRD/DP/01/2012 & CIR/MRD/DP/02/2012
- Lock-in periods apply to various tranches of shares as detailed in Annexure I
Important Dates
- Circular date: August 05, 2025
- Listing effective date: August 06, 2025
- Various lock-in expiry dates ranging from September 02, 2025 to August 05, 2028
- Financial year: April 2025 - March 2026
Impact Assessment
Positive impact for capital markets with addition of new real estate sector stock. Provides investors access to Sri Lotus Developers and Realty Limited, a Mumbai-based real estate company. Limited immediate market impact given single stock addition, but enhances sectoral representation on NSE.
Impact Justification
New IPO listing adds trading opportunity but limited broader market impact