Rustomjee- Keystone Realtors IPO
Rustomjee- Keystone Realtors IPO Details: IPO Open 14 to 16 Nov 2022, Issue Amount Upto Rs 635.00 Cr, Bid Price Rs 514 to 541, Lot 27 Shares
The Company was incorporated as ‘Keystone Realtors Private Limited’, in Mumbai, under the provisions of Companies Act, 1956 pursuant to a certificate of incorporation dated November 6, 1995 issued by the Registrar of Companies, Maharashtra at Mumbai (“RoC”).The name of our Company was subsequently changed to ‘Keystone Realtors Limited’, upon conversion into a public company, pursuant to a board resolution dated April 28, 2022 and a shareholders’ resolution dated April 28, 2022, and a fresh certificate of change of name was issued on May 6, 2022 by the RoC. For details of change in the registered office of the Company, see ‘History and Certain Corporate Matters’ on page 228.
Keystone Realtors Limited (Rustomjee) is one of the prominent real estate developers (in terms of absorption in number of units) in the micro markets that it is present in. It commands a market share of 28% in Khar, 23% market in Juhu, 11% in Bandra East, 14% in Virar, 3% in Thane and 5% in Bhandup in terms of absorption (in units) from 2017 to 2021. As of June 30, 2022, it had 32 Completed Projects, 12 Ongoing Projects and 21 Forthcoming Projects across the Mumbai Metropolitan Region (“MMR”) that includes a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories, all under the Rustomjee brand.
If you are interested to apply this IPO Register here click here to apply
Promoters: Boman Rustom Irani, Percy Sorabji Chowdhry & Chandresh Dinesh Mehta
Managing Director: Boman Rustom Irani
| Issue Amount | Upto Rs 635.00 Crores |
| IPO Open Date | Nov 14, 2022 to Nov 16, 2022 |
| Face Value | Rs 10 Per Share |
| Price Band | Rs 514 to 541 |
| Lot Size | 27 Shares |
| Offer for Sale | Up to [●] Equity Shares |
| Offer Type | Book Built Offer |
| IPO Registrar | Link Intime India Private Limited |
| Event | Tentative Date |
|---|---|
| IPO Open Date | 14 November 2022 |
| IPO Close Date | 16 November 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 21 November 2022 |
| Initiation of Refunds | 22 November 2022 |
| Credit of Shares to Demat Account | 23 November 2022 |
| IPO Listing Date (Trading Commence) NSE & BSE | 24 November 2022 |
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
| Total | 100% |
Requirement of funds
We propose to utilise the Net Proceeds towards funding the following objects:
For the year/period ended (₹ in Crores) Last Three Year
| Particulars (in ₹ Crores) As per 31 March, | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | 3,877 | 3,654 | 4.415 |
| Total Revenue | 1,303 | 1,177 | 1,269 |
| Net Profit & Loss For The Period After Tax | 136 | 232 | 14.49 |
Download RHP File
Download DRHP File
Issue Amount : Upto Rs 635 Crore.
IPO is a main-board IPO. They are going to raise ₹ 635 Crores via IPO. The issue is priced at ₹ 514 to ₹ 541 per equity share. The IPO is to be listed on BSE & NSE.
Monday, 14 November 2022 to Wednesday 16 November 2022.
The IPO is to open on 14 November 2022 for QIB, NII, and Retail Investors.
Pre Issue Share Holding: %
Post Issue Share Holding: %
Registered and Corporate Office:
702, Natraj, MV Road Junction,
Western Express Highway, Andheri (East),
Mumbai, Maharashtra, India 400069;
Tel: +91(22) 6676 6888
Contact Person: Bimal K Nanda, Company
Secretary and Compliance Officer
Tel: +91 (22) 6676 6888
E-mail: cs@rustomjee.com
Website: www.rustomjee.com
Corporate Identity Number: U45200MH1995PLC094208
Link Intime India Private Limited
C-101, 1st Floor, 247 Park, L.B.S. Marg,
Vikhroli (West),Mumbai 400 083,
Maharashtra, India
Telephone: +91 22 4918 6200 / +91 810 811 4949
E-mail: rustomjee.ipo@linkintime.co.in
Investor grievance E-mail: rustomjee.ipo@linkintime.co.in
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in Rustomjee Keystone Realtors Ltd. IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in Rustomjee Keystone Realtors Ltd. IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘Rustomjee Keystone Realtors Ltd. IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can check status on zerodha console.
Click Here to Open Zerodha Account
How to Make Udaitha Kadalai Burfi at Home? घर पर उदैथा कदलाई बर्फी कैसे बनाएं? Udaitha Kadalai Burfi, also known… Read More
How to Make Chocolate Milk Pera at Home? घर पर चॉकलेट मिल्क पेरा कैसे बनाएं? Chocolate Milk Pera is a… Read More
How to Make Traditional Anarsha Sweet at Home? घर पर पारंपरिक अनरशा मिठाई कैसे बनाएं? Anarsha Sweet is a traditional… Read More
How to Make Traditional Arsha Sweet at Home? घर पर पारंपरिक अर्शा मिठाई कैसे बनाएं? Arsha Sweet (also known as… Read More
How to Make Triple Layer Chocolate Coconut Bars at Home? घर पर ट्रिपल लेयर चॉकलेट कोकोनट बार कैसे बनाएं? Making… Read More
How to Make Coconut Bounty Cookies Bar at Home? घर पर नारियल बाउंटी कुकीज़ बार कैसे बनाएं? Making Coconut Bounty… Read More
This website uses cookies.