Anand Pandit was in the headlines this time last year when he celebrated his 60th birthday on December 21, 2023, launching one of the biggest celebrations in recent times. Before and after, he once again became the center of attention.
Shah Rukh Khan Family Trust, Amitabh Bachchan bought shares worth Rs. Anand Pandit’s Lotus Developers IPO scores 10; Hrithik Roshan buys Rs. shares worth 1cr
According to a December 23 article in The Times of India, AKP Holdings, a private limited company that previously operated under the Lotus Developers brand, has been renamed Sri Lotus Developers & Real Estate. The article further pointed out that on December 4, the company conducted a private placement of approximately US$200 million. rupee. Rs 270 crore was allocated to 125 people, including Bollywood stars. The company conducted the private placement at Rs. 150 per share and can raise approx. 407.60 Crore Rs.
Amitabh Bachchan reportedly purchased 6.70 lakh shares for Rs 10 crore. Meanwhile, Shah Rukh Khan Family Trust purchased 6.75 lakh shares for Rs. 10.1 Crores. As for Hrithik Roshan, he bought 70,000 shares for around Rs. 1 Crore Rs. Meanwhile, Sara Ali Khan, Ektaa Kapoor, Tiger Shroff and Rajkummar Rao also bought small stakes in the company.
Anand Pandit has a long association with Bollywood as many stars own commercial and residential spaces in properties developed and managed by Lotus Developers. Later, he turned producer and backed several films like “Pyaar Ka Punchnama 2” (2015), “Sarkar 3” (2017), “Satyameva Jayate” (2018), “Baazaar” (2018), “Batla House” (2019), “Total Dhamaal” (2019), “Total Dhamaal” (2019), Prime Minister Narendra Modi (2019), The Big Bull (2021), Chehre (2021), Doctor G ( 2022), Thank God (2022), Kabzaa (2023), Swatantrya Veer Savarkar (2024), etc.
Anand Pandit’s remarkable journey from real estate tycoon to renowned film producer highlights his entrepreneurial vision and close ties with Bollywood. The star-studded IPO of Sri Lotus Developers & Real Estate further cements his reputation as a leader connecting the worlds of business and entertainment.
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