Anand Pandit made headlines last year when he celebrated his 60th birthday with one of the most extravagant parties in recent memory on December 21, 2023. This year, he is back in the spotlight, this time for the star-studded IPO of his company, Sri Lotus Developers & Real Estate. According to an article in The Times of India dated December 23, AKP Holdings, previously known as Lotus Developers, has rebranded itself as Sri Lotus Developers & Real Estate. The report detailed that on December 4, the company conducted private placements of approximately 2.7 crore shares to 125 investors, including several Bollywood celebrities. The shares were offered at ₹150 each, successfully mobilizing around ₹407.60 crores.
Among the notable investors, Amitabh Bachchan purchased 6.70 lakh shares for ₹10 crores, while the Shah Rukh Khan Family Trust acquired 6.75 lakh shares for ₹10.1 crores. Hrithik Roshan also joined in, buying 70,000 shares for about ₹1 crore. Additionally, stars like Sara Ali Khan, Ektaa Kapoor, Tiger Shroff, and Rajkummar Rao have all taken small stakes in the company.Anand Pandit has longstanding ties to Bollywood, with many stars owning commercial and residential properties developed by his firm.
Transitioning from real estate to film production, he has backed several successful films, including Pyaar Ka Punchnama 2 (2015), Sarkar 3 (2017), Satyameva Jayate (2018), Baazaar (2018), Batla House (2019), Total Dhamaal (2019), PM Narendra Modi (2019), The Big Bull (2021), Chehre (2021), Doctor G (2022), Thank God (2022), Kabzaa (2023), and Swatantrya Veer Savarkar (2024).Anand Pandit’s remarkable journey from a real estate mogul to a prominent film producer showcases his entrepreneurial vision and strong connections within the entertainment industry. The star-studded IPO for Sri Lotus Developers & Real Estate further solidifies his reputation as a leader who effectively bridges the worlds of business and Bollywood.
