Keystone Realtors IPO Date, Review, Price, Allotment, Analysis – IPO Watch

Written by on November 8, 2022

Keystone Realtors IPO Details: Keystone Realtors IPO date is fixed, the IPO is to hit the market on November 14 and will close on November 16. Keystone Realtors aka Rustomjee IPO to raise around ₹635 crores via IPO that comprises fresh issue of ₹560 crores and offer for sale up to ₹75 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.

Keystone Realtors Limited is a real estate developer primarily engaged in construction, development, and related activities in India. They are doing the development of residential and commercial projects under the Rustomjee brand.

Keystone Realtors completed 32 projects while 12 projects are ongoing as of June 30, 2022. They have 21 forthcoming projects in Mumbai Metropolitan Region. The project range includes affordable, mid and mass, aspirational, premium, and super premium categories. The company completed 20+ mn sq ft of Real Estate Space Delivered with 280+ Buildings, 14,000+ Homes, and 2 Township projects till June 2022.

Objects of the Issue

  • Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and/or certain of the Subsidiaries.
  • Funding acquisition of future real estate projects and general corporate purposes.

Keystone Realtors IPO Review (Apply or Not)

Brokerage Firm IPO Review

  • Capital Market: To be updated soon
  • Religare Broking: To be updated soon
  • Hem Securities: To be updated soon
  • Arihant Capital: To be updated soon

Keystone Realtors IPO Date & Price Band Details

IPO Open: November 14, 2022
IPO Close: November 16, 2022
IPO Size: Approx ₹635 Crores
Fresh Issue: Approx ₹560 Crores
Offer for Sale: Approx ₹75 Crores
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹[.] to ₹[.] Per Share
IPO Listing on: BSE & NSE
Retail Quota: 35%
QIB Quota: 50%
 NII Quota: 15%
Discount: N/A
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors List: Click Here

Keystone Realtors IPO Market Lot

The Keystone Realtors IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

Application Lot Size Shares Amount
Retail Minimum 1 [.] ₹[.]
Retail Maximum 13 [.] ₹[.]
S-HNI Minimum 14 [.] ₹[.]
B-HNI Minimum 68 [.] ₹[.]

Keystone Realtors IPO Allotment & Listing Dates

The Keystone Realtors IPO date is November 14 and the close date is November 16. The Keystone Realtors IPO allotment will be finalized on November 21 and the IPO listing on November 24.

Price Band Announcement: November 2022
Anchor Investors Allotment: November 13, 2022
IPO Open Date: November 14, 2022
IPO Close Date: November 16, 2022
Basis of Allotment: November 21, 2022
Refunds: November 22, 2022
Credit to Demat Account: November 23, 2022
Keystone Realtors IPO Listing Date: November 24, 2022

You can check IPO subscription status and IPO allotment status on their respective pages.

Keystone Realtors IPO Form

How to apply for the Keystone Realtors IPO? You can apply for Keystone Realtors IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Keystone Realtors IPO in the Invest section. The other option is you can apply for Keystone Realtors IPO via IPO forms downloaded via NSE and BSE. Check out the Keystone Realtors forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Keystone Realtors Company Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹1269 ₹1206 ₹14.49
2021 ₹1177 ₹876 ₹231.82
2022 ₹1303 ₹1116 ₹135.83

Keystone Realtors IPO Valuation – FY2022

Check Keystone Realtors IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS): ₹13.96 per Equity Share
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): 14.97%
Net Asset Value (NAV): ₹93.24 per Equity Share

Peer Group

  • Boman Rustom Irani
  • Percy Sorabji Chowdhry
  • Chandresh Dinesh Mehta

Keystone Realtors IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Keystone Realtors IPO Allotment Status Check

Check Keystone Realtors IPO allotment status on Linkintime website allotment URL. Click Here

Keystone Realtors IPO Lead Managers

  • Axis Capital Limited
  • Credit Suisse Securities (India) Private Limited

Company Address

Keystone Realtors Limited
702, Natraj, MV Road Junction,
Western Express Highway,
Andheri (East), Mumbai, Maharashtra, 400069
Phone: +91 (22) 6676 6888
Email: [email protected]
Website: https://www.rustomjee.com/

Keystone Realtors IPO FAQs

What is Keystone Realtors IPO?

Keystone Realtors IPO is a main-board IPO. They are going to raise ₹635 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.

When Keystone Realtors IPO will open?

The IPO is to open on November 14, 2022 for QIB, NII, and Retail Investors.

What is Keystone Realtors IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Keystone Realtors IPO?

You can apply for Keystone Realtors IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Keystone Realtors IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Keystone Realtors”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Keystone Realtors IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Keystone Realtors”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Keystone Realtors IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Keystone Realtors”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Keystone Realtors IPO Size?

Keystone Realtors IPO size is ₹635 crores.

What is Keystone Realtors IPO Price Band?

Keystone Realtors IPO Price Band is ₹[.] to ₹[.].

What is Keystone Realtors IPO Minimum and Maximum Lot Size?

The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].

What is the Keystone Realtors IPO Allotment Date?

Keystone Realtors IPO allotment date is November 21, 2022.

What is the Keystone Realtors IPO Listing Date?

Keystone Realtors IPO listing date is November 24, 2022. The IPO is to list on BSE and NSE.

Note: The Keystone Realtors IPO price band and date are officially announced. The IPO grey market premium (Keystone Realtors IPO Premium) will be added to the IPO grey market page as it will start).

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