B Right Realestate IPO, Review, IPO Performance by IPOPlatform India

About B Right Realestate

Company Information

B-Right RealEstate is an integrated construction and real estate development company, focused primarily on construction and development of residential and commercial projects, in and around Mumbai. They believe that they have established a successful track record in the real estate industry in Mumbai, by developing versatile projects through their focus on innovative architecture, strong project execution and quality construction. The company has opted a business model whereby the company Invests in their subsidiary LLP named B-Right RealEstate Ventures LLP and this LLP makes investment in various SPV (Special Purpose Vehicle) which is been incorporated for a Particular project. Each Real estate project has its own SPV and such SPV is closed upon completion of the project. This helps the company to keep a track of

Object of Issue

Meet working capital requirements
General Corporate Purposes

B Right Realestate SME IPO Details (at the time of IPO)

IPO Type :

Fixed Price

IPO Date :

Jul, 2022

IPO Size :

44.36 Cr.

Market Cap :

158.07 Cr.

IPO Subscription :

1.21 X

PE Multiple :

164.52

Merchant Banker :
Gretex Corporate Services Limited

IPO Registrar:
Purva Sharegistry India Private Limited

Anchor Investors:

FAQs

1. What is B Right Realestate IPO?

B Right Realestate operates in Real Estate and Integrated Construction And Real Estate Development Company. The Issue is listed on BSE SME in Jul, 2022. B Right Realestate IPO size was 44.36 Cr. with Issue price of 153.00 .

2. Who is the merchant banker of B Right Realestate IPO?

Merchant Banker(s) of B Right Realestate IPO: Gretex Corporate Services Limited

3. How many times B Right Realestate IPO was subscribed?

B Right Realestate IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

4. What is the listing price of B Right Realestate IPO?

B Right Realestate IPO listed at a listing price of 154.00 against the offer price of 153.00.

5. What is the current market price of B Right Realestate IPO?

The current market price of B Right Realestate is 422.00.

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B Right Realestate Limited IPO (B Right Realestate IPO) Details

Financial Summary (at the time of ipo, on annualised basis)

Pricing Report

Performance Report (CAGR* wise)

About B Right Realestate

Company Information

Object of Issue

B Right Realestate SME IPO Details (at the time of IPO)

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