Latest news with #Amalfi
The Sun
an hour ago
- Entertainment
- The Sun
Coronation Street's Jack P Shepherd reveals first look at his VERY luxurious honeymoon as he splashes CBB win cash
CORONATION Street star Jack P. Shepherd has shared the first look at his very luxurious honeymoon. The actor - who has played David Platt since 2000 - tied the knot with Hanni Treweek over the weekend. 5 5 Taking to Instagram, Jack has shared a first-look at their stunning Italian honeymoon. The 37-year-old posted a short clip in his Story, where he panned the camera around to show off the beautiful scenery. Meanwhile, Hanni also shared updates in her Instagram story, captioning: "Amalfi you have my heart." The newlywed couple made their vows in front of a host of Jack 's soap co-stars. The likes of Helen Worth, Tina O'Brien, Ben Price, Colson Smith, Lucy Fallon and Alan Halsall were all in attendance. A total of 150 white padded seats were laid out on the flagstones while staff worked hard to instal a detailed floral altar. After their nuptials at Manchester Cathedral, they headed the short distance to The Lowry hotel in Salford for the wedding breakfast and reception. A source previously exclusively told The Sun of the pair's plans for a truly memorable day. They said: "Jack and Hanni are having their big white wedding at Manchester Cathedral on Saturday. "They have gone all out to make sure it's their dream day and there has been no expense spared." Coronation Street star Jack P Shepherd marries Hanni Treweek in stunning star-studded ceremony Jack first met Hanni, 35, when she worked behind the scenes on the show. He later proposed on a romantic safari break last year. Earlier this year, Jack won the nation's votes to emerge victorious on Celebrity Big Brother. He overcame Danny Beard, JoJo Siwa, Donna Preston, Chris Hughes and Chesney Hawkes in the final. The Sun told how Jack had agreed to take part in order to pay for his then-upcoming wedding. An insider said: 'Jack and Hanni are pulling out all the stops for their big day. CBB 2025 - what the star's get paid THE Sun previously revealed Celebrity Big Brother's rich list line-up. We reported on the whopper show fees, with American star Mickey Rourke leading the way. Here's the real deal for show earnings: Mickey Rourke - £500,000 JoJo Siwa - £400,000 Trisha Goddard - £200,000 Daley Thompson - £150,000 Michael Fabricant - £120,000 Patsy Palmer and Jack P Shepherd - £100,000 Angellica Bell - £80,000 Chris Hughes - £45,000 Danny Beard and Donna Preston - £30,000 Chesney Hawkes - £25,000 Ella Rae Wise - £20,000 'They are incredibly in love and want their day to really represent them as they celebrate with friends and family. 'Hanni is known for being very stylish and they've not skimped on things for the wedding to make sure it's all perfect. 'Jack makes good money but it's no secret that the CBB money is a draw for anyone, especially if you are planning a big event.' The Sun also revealed Jack was one of the higher earners, pocketing £100,000 for his CBB stint. 5 5
News18
an hour ago
- Business
- News18
Sri Lotus Developers IPO sails through on Day 1; subscribed 3.59 times
New Delhi, Jul 30 (PTI) Sri Lotus Developers and Realty Ltd, a real estate company backed by Bollywood stars and renowned investor Ashish Kacholia, saw its initial public offer getting subscribed 3.59 times on the first day of bidding on Wednesday. The IPO received bids for 14.23 crore (14,23,86,800) equity shares against 3.96 crore (3,96,58,730) equity shares on offer, according to data available with the NSE. Qualified Institutional Buyers' (QIBs) category attracted 5.31 times subscription while the quota for non institutional investors got subscribed 3.10 times. Retail Individual Investors (RIIs) part fetched 2.82 times subscription. Sri Lotus Developers on Tuesday raised Rs 237 crore from institutional investors. The initial public offering (IPO) will conclude on August 1. The company has fixed a price band of Rs 140-150 per share for the IPO. The IPO is entirely a fresh issue of shares worth Rs 792 crore with no Offer For Sale (OFS) component. Proceeds from the fresh issue will be used for investment in its subsidiaries, Richfeel Real Estate Pvt Ltd, Dhyan Projects Pvt Ltd and Tryksha Real Estate Pvt Ltd for part-funding the development and construction cost of its ongoing projects, Amalfi, The Arcadian and Varun, respectively; besides, a portion will be used for general corporate purposes. The Anand Kamalnayan Pandit-promoted company is a real estate developer engaged in the construction of residential and commercial premises in Mumbai, Maharashtra, with a focus on redevelopment projects in the ultra luxury and luxury segments in the western suburbs. Monarch Networth Capital and Motilal Oswal Investment Advisors are the book running lead managers of the public issue. PTI SUM SUM MR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
an hour ago
- Business
- Business Standard
Sri Lotus Developers and Realty IPO subscribed 3.59 times
The offer received bids for 12.43 crore shares as against 3.96 crore shares on offer. The initial public offer of Sri Lotus Developers and Realty received bids for 14,23,86,800 shares as against 3,96,58,730 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (30 July 2025). The issue was subscribed 3.59 times. The issue opened for bidding on 30 July 2025 and it will close on 1 August 2025. The price band of the IPO is fixed between Rs 140 and 150 per share. An investor can bid for a minimum of 100 equity shares and in multiples thereof. The offer comprises a fresh issue of equity shares worth up to Rs 792 crore. Of the net proceeds, the company intends to invest Rs 550 crore in its subsidiariesRichfeel Real Estate, Dhyan Projects, and Tryksha Real Estateto partially fund the development and construction of its ongoing projects: Amalfi, The Arcadian, and Varun. The remaining amount will be used for general corporate purposes. Sri Lotus Developers & Realty, promoted by Anand Kamalnayan Pandit, is a Mumbai-based real estate developer focused on ultra-luxury and luxury residential and commercial projects in the western suburbs of the Mumbai Metropolitan Region (MMR). Operating under the Lotus Developers brand, the company has completed four projects with a developable area of 0.93 million sq ft and currently has five ongoing and eleven upcoming projects. With over 24 years of experience, the promoter has developed 3.32 million sq ft across 12 projects through other entities. The company primarily undertakes redevelopment, joint development, and greenfield projects and heavily relies on third-party contractors for construction. Ahead of the IPO, Sri Lotus Developers and Realty on Tuesday, 29 July 2025, raised Rs 236.99 crore from anchor investors. The board allotted 1.57 crore shares at Rs 150 each to 16 anchor investors. The firm reported a consolidated net profit of Rs 227.41 crore and sales of Rs 549.68 crore for the twelve months ended on 31 March 2025.
&w=3840&q=100)
Business Standard
5 hours ago
- Business
- Business Standard
Sri Lotus Developers IPO fully booked on Day 1, QIBs lead demand; GMP 29%
Sri Lotus Developers IPO subscription status Day 1: The initial public offering (IPO) of Mumbai-based real estate developer Sri Lotus Developers and Realty opened for subscription today, July 30, 2025. The mainboard public issue is receiving a strong response from investors, as the issue was fully subscribed within a few hours after opening. The issue was subscribed around 2.24 times as of 2 PM on Wednesday, day 1 of the offering, according to data from the National Stock Exchange. The issue received bids for 89.03 million equity shares compared to the issue size of 39.65 million shares. The demand was primarily driven by qualified institutional buyers (QIBs) who subscribed to the allotted quota by 3.54 times, followed by non-institutional investors (NIIs) at 1.68 times, and retail investors at 1.8 times. The portion reserved for employees was booked around 2 times. Sri Lotus Developers IPO GMP On Wednesday, the unlisted shares of Sri Lotus Developers were trading at ₹144, commanding a premium of ₹44 or 29.34 per cent compared to the upper end of the price band of ₹140 to ₹150. Sri Lotus Developers IPO Review Analysts at Anand Rathi Research assigned a 'Subscribe for long term' rating to the Sri Lotus Developers IPO, citing the attractive pricing and the company's strong strategic position in the real estate market of Mumbai's Western Suburbs. Reliance Securities and Deven Choksey Research also recommend 'subscribe' rating to the issue. READ MORE Sri Lotus Developers IPO details The three-day subscription window for the initial public offering will close on Friday, August 1, 2025. The basis of allotment of shares is likely to be finalised on Monday, August 4, 2025. Shares of Sri Lotus Developers will be listed on the bourses, BSE and NSE, tentatively on Wednesday, August 6, 2025. Sri Lotus Developers IPO, worth ₹792 crore, comprises a fresh issue of 52.8 million equity shares and no offer for sale (OFS) component. Sri Lotus Developers has set the price band in the range of ₹140 to ₹150 per share. Retail investors would require a minimum investment amount of ₹15,000 to bid for one lot comprising 100 shares each. Kfin Technologies is the registrar for the issue. Monarch Networth Capital and Motilal Oswal Investment Advisors are the book-running lead managers. According to the red herring prospectus (RHP), the company proposes to utilise the net fresh issue proceeds for investment in subsidiaries Richfeel Real Estate, Dhyan Projects and Tryksha Real Estate for part-funding development and construction costs of their ongoing projects, Amalfi, The Arcadian and Varun, respectively. The remaining funds will be used for general corporate purposes. About Sri Lotus Developers & Realty Mumbai-based Sri Lotus Developers is involved in the development of residential and commercial premises, with a focus on redevelopment projects in the ultra-luxury segment and luxury segments in the western suburbs. It is led by promoter Anand Kamalnayan Pandit. The company classifies its projects into three main categories, including Greenfield Projects, Redevelopment Projects and Joint Development Projects. It specialises in high-end developments, including 2BHK and 3BHK flats priced between ₹3 crore and ₹7 crore, as well as larger units and premium office spaces.
Economic Times
11 hours ago
- Business
- Economic Times
Sri Lotus Developers IPO opens for subscription; GMP at 29%. Should you bid?
Sri Lotus Developers and Realty is set to launch its Rs 792 crore IPO today. The IPO aims to tap into investor interest in Mumbai's luxury real estate market. The company plans to use the funds to support ongoing projects and for general corporate needs. Analysts suggest potential investors to consider subscribing for long-term gains and listing benefits. Tired of too many ads? Remove Ads Sri Lotus Developers IPO GMP Sri Lotus Developers company details Tired of too many ads? Remove Ads Should You Subscribe? Sri Lotus Developers and Realty will launch its Rs 792 crore IPO today, eyeing investor interest in the luxury real estate segment of Mumbai. The issue, which is entirely a fresh offer of 5.28 crore shares, will close on August 1. The price band has been set at Rs 140-150 per share, with a lot size of 100 from the IPO will be used to partly fund ongoing projects through its subsidiaries—including Amalfi, The Arcadian, and Varun—and for general corporate of the issue opening, the company is commanding a GMP of Rs 44, which is 29% over the issue company operates predominantly in Mumbai's western suburbs, focusing on ultra-luxury and luxury housing through redevelopment and joint development company had a net profit of Rs 228 crore in FY25, more than doubling from Rs 119 crore a year ago, on revenue of Rs 550 crore. Its EBITDA margin rose sharply to 52.6%, indicating strong by a solid pipeline of 16 projects across Juhu, Andheri, Bandra, Prabhadevi, and Ghatkopar, Sri Lotus is betting big on the rising demand for homes in the Rs 2.5 crore-plus company follows an asset-light approach, largely avoiding land acquisition and instead partnering with housing societies—a model that has allowed faster execution and leaner capital Rathi has issued a "Subscribe - Long Term" call, citing strong execution track record, brand premium, and presence in high-demand micro-markets of Mumbai. It notes that while the valuation appears fully priced at 30.6 times FY25 earnings, the fundamentals support long-term wealth Capital recommends the IPO for listing gains. The brokerage highlights the company's ability to complete projects well before RERA timelines and its premium pricing power, especially in areas like IPO is being managed by Motilal Oswal and Monarch Networth , with shares set to be listed on both NSE and BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
