Bollywood-backed realtor Lotus looks at Rs 1,000 crore IPO
Bollywood luminaries, including Amitabh Bachchan, Shah Rukh Khan, and Hrithik Roshan, have acquired stakes in Sri Lotus Developers & Real Estate ahead of its anticipated IPO. The Mumbai-based luxury real estate developer recently raised approximately ₹407.6 crore through a private placement of shares, with prominent figures from the financial sector also participating.
Bollywood luminaries, including Amitabh Bachchan, Shah Rukh Khan, and Hrithik Roshan, have acquired stakes in Sri Lotus Developers & Real Estate ahead of its anticipated IPO. The Mumbai-based luxury real estate developer recently raised approximately ₹407.6 crore through a private placement of shares, with prominent figures from the financial sector also participating.
