KEYSTONE REALTORS LTD. IPO was launched on 14-Nov-22. Here is all you need to know about this IPO.
Incorporated in 1995, Keystone Realtors is one of the prominent real estate developers. The company is engaged primarily in the business of real estate construction, development and other related activities in India. As of 30 June 2022, the company had 32 completed projects, 12 ongoing projects and 21 forthcoming projects across the Mumbai Metropolitan Region (MMR). These include a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories, all under the Rustomjee brand. As of 30 June 2022, the company has developed over 280 buildings and homes for over 14,000 families.
KEYSTONE REALTORS LTD. IPO Details | |
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Issue Opening Date | 14-Nov-22 |
Issue Closing Date | 16-Nov-22 |
Issue Type | OFFERS FOR SALE CUM FRESH CAPITAL |
Issue Size (INR bn) | 6.3 |
Fresh Issue (No.of shares) | 10,351,201 |
Offer for Sale (No.of shares) | 1,386,320 |
Face Value (INR) | 10.00 |
IPO Price Band (INR) | 514 to 541 |
Market Lot (No.of shares) | 27 |
Min Order Quantity | 27 |
Listing At | BSE / NSE |
Pricing Method | BOOKBUILDING |
Year of Incorporation | 1995 |
Industry | HOUSING/CIVIL CONSTRUCTION/REAL ESTATE |
Total Issue Size (No.of shares) | 11,737,521 |
Objects Of Issue | REPAYMENT/ PREPAYMENT, IN FULL OR PART, OF CERTAIN BORROWINGS AVAILED BY COMPANY AND/OR CERTAIN OF SUBSIDIARIES #FUNDING ACQUISITION OF FUTURE REAL ESTATE PROJECTS AND GENERAL CORPORATE PURPOSES #OFFER RELATED EXPENSES IN RELATION TO THE FRESH ISSUE |
Registrar Details | LINK INTIME INDIA PVT.LTD. |
KEYSTONE REALTORS LTD. IPO Timetable | |
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Bid/Offer Launch Date | 14-Nov-22 |
Bid/Offer Close Date | 16-Nov-22 |
Basis of Allotment Finalization Date | - |
Initiation of Refunds | - |
Credit of Shares to Demat Account | - |
Listing Date | 24-Nov-22 |
KEYSTONE REALTORS LTD. IPO Shares Offered | |
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Category | Shares Offered |
QIB | 5,868,759 |
HNI | 1,760,629 |
Retail | 4,108,133 |
Employee | - |
Others | - |
Total | 11,737,521 |
KEYSTONE REALTORS LTD. IPO Promoter Holding | |
---|---|
Pre Issue Share Holding | 97% |
Post Issue Share Holding | 87% |
KEYSTONE REALTORS LTD. Overall Subscription details (Times subscribed) | |
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Category | Subscription Status |
QIB | 2.36 |
HNI | 2.82 |
Retail | 0.53 |
Employee | - |
Others | - |
Total | 1.79 |
KEYSTONE REALTORS LTD. Date wise Subscription | |||||||
---|---|---|---|---|---|---|---|
Date | QIB | HNI | Retail | Employee | Mutual Funds | Others | Total |
Day 1 (14-Nov-22) | - | 0.12 | 0.12 | - | - | - | 0.36 |
Day 2 (15-Nov-22) | 0.46 | 0.76 | 0.25 | - | 1.57 | - | 0.60 |
Day 3 (16-Nov-22) | 3.46 | 3.19 | 0.55 | - | 14.98 | - | 1.78 |
KEYSTONE REALTORS LTD. Financials | ||||
---|---|---|---|---|
Year Ending | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 | |
Total Income | (Rs m) | 14,766.20 | 3,707.20 | 5,893.50 |
Total Expenditure | (Rs m) | 13,464.00 | 3,180.40 | 5,173.40 |
Net Profit After Tax | (Rs m) | 1,018.90 | 375.00 | 1,018.90 |
Company Address | 702,NATRAJ, M.V.ROAD JUNCTION,WESTERN EXPRESS HIGHWAY, ANDHERI (E), MUMBAI 400069, MAHARASHTRA |
Data Sourced from:
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Below is the schedule for the same:
KEYSTONE REALTORS LTD. IPO
IPO opens on: 14-Nov-22
IPO closes on: 16-Nov-22
The lot size of KEYSTONE REALTORS LTD. IPO is 27 shares. Investors will need to apply for a minimum order of 27 shares and in multiples thereof.
An investor can apply in KEYSTONE REALTORS LTD. IPO online using either UPI or Application Supported by Blocked Amount (ASBA) as payment method.
While ASBA IPO application is available in the net banking section, UPI IPO application is offered by brokers who don't offer banking services.
The tentative finalization of basis of allotment for KEYSTONE REALTORS LTD. IPO will be done on -, and the allotted shares will be credited to your demat account by -.
The tentative listing date of KEYSTONE REALTORS LTD. IPO is scheduled for 24-Nov-22.
Shares of KEYSTONE REALTORS LTD. are expected to list on BSE / NSE.
At present, one share of KEYSTONE REALTORS LTD. has a face value of Rs 10.00.
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