Rustomjee- Keystone Realtors Subscription Status, IPO GMP Today & Expected Return.
IPO Open: 14 to 16 November 2022.
IPO Allotment: Monday 21, November 2022 (Tentative Date)
IPO Listing: Thursday 24, November 2022, 10:00 AM (Tentative Date)
Keystone Realtors IPO Subscription Status?
As of Last day 16th November 2022 06:00 PM IST. The IPO has been subscribe 2.01 Times.
| Category | Status |
|---|---|
| Retail Individual Investor | 0.53 Times |
| Non-Institutional Investor | 3.03 Times |
| Qualified Institutional Buyers | 3.84 Times |
| Employee | – |
| Total | 2.01 Times |
What is Keystone Realtors IPO GMP Today?
Keystone Realtors IPO GMP is ₹0 as of today.
What is Keystone Realtors IPO Expected Returns?
IPO Expected Returns is 0%.
What is Keystone Realtors IPO Kostak Rate Today?
Keystone Realtors IPO Kostak Rate is ₹- as of today.
What is Keystone Realtors IPO Subject to Sauda Today?
Keystone Realtors IPO Subject to Sauda is ₹- as of today.
Rustomjee- Keystone Realtors Limited IPO Day by Day GMP
| Date | GMP in RS. |
|---|---|
| 15-Nov-2022 | 0 |
| 15-Nov-2022 | 0 |
| 14-Nov-2022 | 0 |
| 13-Nov-2022 | 0 |
| 12-Nov-2022 | 0 |
| 11-Nov-2022 | 0 |
| 10-Nov-2022 | 0 |
Rustomjee Keystone Realtors Limited IPO Details
| 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 |
Rustomjee Keystone Realtors Ltd. IPO Timeline, IPO Open Date, Listing Date, Refund Date
| 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 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 50% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 35% |
| Employee | – |
| Total | 100% |
Important Financial Data:
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 |
About the company
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.
Objects Of The Offer:
Requirement of funds
We propose to utilise the Net Proceeds towards funding the following objects:
- Repayment/ prepayment, in full or part, of certain borrowings availed by our Company and/or certain of our Subsidiaries;and
- Funding acquisition of future real estate projects and general corporate purposes.
Prospectus Document:
Download RHP File
Download DRHP File
