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If you look at the reports of the last few years, you will see that 2024 is a year when the IPO boom has brought huge earnings of Rs 1.6 lakh crore to the investors. These investors are not just small retail investors but are also top celebrities of Bollywood. When Swiggy's IPO came, many Bollywood actors also invested money in it. One such IPO is coming again, in which everyone from Shahrukh Khan to Amitabh Bachchan and Ekta Kapoor has invested money. The company is associated with the real estate sector. In such a situation, the question is arising whether you, the small retail investor, should invest money in this IPO. Let us understand the details.

Who brought this IPO

This IPO has been brought by Lotus Developers and Real Estate. Earlier it was known as AKP Holdings, but now its name has been changed to Lotus Developers & Real Estate. The company specializes in premium real estate projects and high-end residential and commercial properties. Famous Bollywood stars like Amitabh Bachchan, Shahrukh Khan, Hrithik Roshan and Ajay Devgan have invested in it, making this IPO even more special.

There is a plan to raise so many crores of rupees

Lotus Developers and Real Estate had sold 2.7 crore shares on December 4, whose price was Rs 150 per share. The company has raised Rs 407.6 crore from this sale. This amount will help the company for its new projects and development. The company aims to raise Rs 1,000 crore from this IPO, so that it can complete more property projects and strengthen its market position.

These Bollywood veterans have invested money

In this IPO, veteran Bollywood actor Amitabh Bachchan bought 6.7 lakh shares, the total value of which was approximately Rs 10 crore. Shahrukh Khan bought 6.75 lakh shares for his family trust, worth Rs 10.1 crore. Apart from this, stars like Hrithik Roshan and Ajay Devgan have also invested in it. The investment of these famous stars in this IPO is making it more attractive and increasing the confidence of investors.