Anand Pandit was within the information final yr at the moment when he threw one of many largest bashes in current occasions on his sixtieth birthday, on December 21, 2023. This yr, round on his birthday, he’s as soon as once more within the limelight, this time over the star-studded IPO for his firm, Sri Lotus Builders & Actual Property.
Shah Rukh Khan Household Belief, Amitabh Bachchan purchase shares value Rs. 10 cr in Anand Pandit’s Lotus Builders’ IPO; Hrithik Roshan buys Rs. 1 cr value of shares
As per an article in The Occasions of India dated December 23, AKP Holdings, a personal restricted firm that used to operates below the model identify Lotus Builders, has modified its identify to Sri Lotus Builders & Actual Property. The article additional began that on December 4, it made personal placements of approx. Rs. 2.7 crore shares to 125 individuals, together with Bollywood stars. It added that the corporate made this personal placement at Rs. 150 per share and was capable of mobilize about Rs. 407.60 crores.
Reportedly, Amitabh Bachchan purchased 6.70 lakh shares at Rs 10 crores. Shah Rukh Khan Household Belief in the meantime purchased 6.75 lakh shares for Rs. 10.1 crores. As for Hrithik Roshan, he purchased 70,000 shares for round Rs. 1 crores. In the meantime, Sara Ali Khan, Ektaa Kapoor, Tiger Shroff and Rajkummar Rao have additionally purchased small stakes within the firm.
Anand Pandit has a protracted affiliation with Bollywood as many stars personal business and residential areas within the properties developed and managed by Lotus Builders. He then turned producer and has backed a number of movies like Pyaar Ka Punchnama 2 (2015), Sarkar 3 (2017), Satyameva Jayate (2018), Baazaar (2018), Batla Home (2019), Whole Dhamaal (2019), PM Narendra Modi (2019), The Huge Bull (2021), Chehre (2021), Physician G (2022), Thank God (2022), Kabzaa (2023), Swatantrya Veer Savarkar (2024) and so on.
Anand Pandit’s outstanding journey from an actual property mogul to a outstanding movie producer underscores his entrepreneurial imaginative and prescient and powerful connections with Bollywood. The star-studded IPO for Sri Lotus Builders & Actual Property additional cements his repute as a pacesetter who bridges the worlds of enterprise and leisure.
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