Sri Lotus Developers and Realty Ltd is set to launch its Rs 792 crore initial public offering (IPO) on July 30, with the issue closing on August 1. The anchor book will open a day prior, on July 29. Basis of allotment is scheduled for August 4, followed by credit of equity shares and refunds on August 5. The company's shares are expected to be listed on the stock exchanges on August 6.