Keystone Realtors Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹514 - ₹541
- Lot size
- 27 shares
- Issue amount
- ₹635 cr
- Total subscription
- 2.01×
- Opens
- 14 Nov 2022
- Closes
- 16 Nov 2022
- Allotment
- 21 Nov 2022
- Listing
- 24 Nov 2022
Offer at a glance
Issue overview
- Issue size
- 1,17,37,523 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹13,878
- Fresh issue
- ₹560 cr
- Offer for sale
- ₹75 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,607
- Issue type
- Bookbuilding IPO
- Shares before issue
- 10,35,26,222
- Shares after issue
- 11,38,77,423
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 27 | ₹14,607 |
| sHNI | 14 | 378 | ₹2,04,498 |
| bHNI | 69 | 1,863 | ₹10,07,883 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 127 | 512.76 |
| RETAIL | 222.25 | 123.31 |
| NIB | 95.25 | 303.78 |
| HNIs 2+ | 31.75 | 50.97 |
| HNIs 10+ | 63.5 | 252.81 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
Incorporated in 1995, Keystone Realtors Limited is a prominent real estate developer in India engaged in construction, development, and related activities. As of June 30, 2022, the company had 32 completed projects, 12 ongoing projects, and 21 forthcoming projects across the Mumbai Metropolitan Region under the Rustomjee brand, covering affordable, mid, aspirational, premium, and super-premium segments. Keystone Realtors has developed 20.22 million sq. ft. of residential buildings, gated estates, townships, corporate parks, retail spaces, schools, and iconic landmarks. The company follows an integrated real estate development model encompassing land identification, planning, design, construction, marketing, and sales, and engages in joint development agreements, redevelopment agreements, and slum rehabilitation projects to optimize capital investment. To date, Keystone Realtors has developed over 280 buildings, serving more than 14,000 families.
Promoters
Boman Rustom Irani
Percy Sorabji Chowdhry
Chandresh Dinesh Mehta
Registrar & documents
Lead manager
Axis Capital Limited, Credit Suisse Securities (India) Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
702, Natraj, MV Road Junction, Western Express Highway, Andheri (East), Mumbai, Maharashtra, 400069
+91 (22) 6676 6888
[email protected]Company website ↗Understanding RUSTOMJEE IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.