Keystone Realtors IPO – Established in 1995, Keystone Realtors is a real estate company in India which operates under the brand name of Rustomjee.
List of Topic Covered
Key Features of Keystone Realtors IPO
- Keystone Realtors IPO will open on Nov 14, 2022
- You can apply in this IPO from Nov 14, 2022 to Nov 16, 2022.
- Issue Price band of the company is ₹514 to ₹541 per equity share.
- Keystone Realtors IPO comprises fresh issue of 10,351,201 equity shares of ₹10 (worth ₹560 Crores) and an offer for sale of approx. 1,386,322 shares of ₹10 (₹75 Crores) .
- It has a minimum 27 shares in one lot and you have to spend a minimum of ₹14,607 for 1 lot.
- Keystone Realtors is looking to raise ₹635 Crores through this IPO.
What is Keystone Realtors Limited
- Keystone Realtors is the real estate developer company by Rustomjee.
- They have businesses like real estate construction and developments.
- Mr. Boman Rustom Irani is the chairman and MD of Keystone Realtors Limited.
- The company has been making consistent profits for the last 3 years. Positive sign for investors.
Keystone Realtors IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Keystone Realtors IPO price band is placed at ₹514 to ₹541 , but the grey market premium of this share is currently 0.92% (No trade) i.e. at ₹5. So the share price of Keystone Realtors in the grey + market is ₹546 (₹541 + ₹5) .
Click here to Get Details IPO Grey Market Premium (GMP) Live
Keystone Realtors IPO Live Subscription Status
The keystone Realtors IPO subscribed 2.01 times on it’s final day i.e. on Nov 16, 2022.
Click here to Get Details IPO Subscription Status Live
Keystone Realtors IPO Date, Lot Size, Allotment
Inox Green Energy IPO Details
IPO Start Date | November 14, 2022 |
IPO Close Date | November 16, 2022 |
Fresh Equity Share Issue | 11,737,523 Shares of ₹10 (worth ₹635 crores) |
Offer for Sale | 1,386,322 shares of ₹10 (₹75 Crores) |
Face Value | ₹10 Per Equity Share |
Price Band | ₹514 – ₹541 Per Equity Share |
Retail Quota Share | 35% |
QIB Quota | 50% |
NII (HNI) Quota | 15% |
Listing on | NSE & BSE |
Employee Discount | – |
DRHP | View |
Keystone Realtors IPO Timetable
IPO Start Date | November 14, 2022 |
IPO Close Date | November 16, 2022 |
Basis of Share Allotment Date | November 21, 2022 |
Refunds Date | November 22, 2022 |
Credit of shares to Demat Account Date | November 23, 2022 |
Keystone Realtors IPO Listing Date | November 24, 2022 |
Keystone Realtors IPO Lot Size
Minimum Lot Size | 27 shares for 1 lot |
Minimum Amount | ₹ 14,607 for 1 lot |
Maximum Lot Size | 351 Shares (13 lot) |
Maximum Amount | ₹189,891 (for 13 Lot) |
Keystone Realtors Financial Report (2020-2022)
Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
2022 | ₹1303 | ₹1116 | ₹135.83 |
2021 | ₹1177 | ₹876 | ₹231.82 |
2020 | ₹1269 | ₹1206 | ₹14.49 |
Keystone Realtors IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Keystone Realtors IPO ?
- You can apply for the Keystone Realtors IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Keystone Realtors IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Keystone Realtors IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Keystone Realtors IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Keystone Realtors IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Keystone Realtors IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Keystone Realtors IPO Allotment Status
You can check Keystone Realtors IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Keystone Realtors IPO
Keystone Realtors IPO Promoters
- Boman Rustom Irani
- Percy Sorabji Chowdhry
- Chandresh Dinesh Mehta
Keystone Realtors IPO Lead Managers
- Axis Capital Limited
- Credit Suisse Securities (India) Private Limited
Keystone Realtors Contact Information
Keystone Realtors Limited
702, Natraj, MV Road Junction,
Western Express Highway,
Andheri (East), Mumbai, Maharashtra, 400069
- Phone: +91 (22) 6676 6888
- Email: cs@rustomjee.com
- Website: https://www.rustomjee.com/
Keystone Realtors IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: rustomjee.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on Keystone Realtors IPO
Keystone Realtors Limited is one of the prominent real estate developer by Rustomjee. Price range is convincing. Grey market premium is at ₹0. Can be considered for a long term gain.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Keystone Realtors IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹635 Crores through this IPO. One lot has minimum 27 shares and you have to spend a minimum ₹14,607 for 1 lot.
Keystone Realtors IPO price band is ₹514 to ₹541.
One lot has minimum 27 shares and you have to spend a minimum ₹14,607 for 1 lot. Maximum lot is 13 and you have to spent ₹1,89,891.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Keystone Realtors IPO will open on November 14, 2022.
Basis of Allotment for Keystone Realtors IPO will happen on November 21, 2022 and allotted shares will be deposited in your demat account on November 23, 2022.
Shares of Keystone Realtors IPO will list in the market on November 24, 2022.
This covers all the points on Keystone Realtors IPO. Please write in the comment box if you need any further information on this.
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