247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Keystone Realtors Limited IPO (Keystone Realtors IPO) Details

Keystone Realtors Limited is an Real Estate based company, located in Mumbai, Keystone Realtors Limited IPO size was 635.00 Cr. and was issued at 541.00 per share. The share of Keystone Realtors Limited were listed at 557.80 per share and are currently trading at 618.70 per share.

Type :
Sub Sector : Realty Developer
MainBoard IPO

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

Revenue :
704.00 Cr.

PAT :
16.88 Cr.

Pricing Report

Issue Price :
541.00

Listing Price :
557.80

Current Market Price :
618.70

Issue Price vs CMP :
77.7 (14.36%)

listing Price vs CMP :
60.9 (10.92%)

Performance Report (CAGR* wise)

CAGR : 6.41
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Keystone Realtors

Company Information
Keystone Realtors Limited is a prominent real estate developer in India, known for its significant market share in various micro-markets. It holds a 28% market share in Khar, 23% in Juhu, 11% in Bandra East, 14% in Virar, 3% in Thane, and 5% in Bhandup in terms of absorption from 2017 to 2021, according to an Anarock Report. As of March 31, 2022, the company had 32 completed projects, 12 ongoing projects, and 19 forthcoming projects across the Mumbai Metropolitan Region (MMR). These projects span various categories, including affordable, mid and mass, aspirational, premium, and super-premium, all under the Rustomjee brand. The company has developed 20.05 million square feet of real estate, including residential buildings, gated estates, townships, corporate parks, retail spaces, schools, and
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Object of 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 MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2022
IPO Size :
635.00 Cr.
Market Cap :
6160.77 Cr.   
IPO Subscription :
2.01 X     
PE Multiple :
365.54
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Keystone Realtors operates in Real Estate and Realty Developer. The Issue is listed on MainBoard in Nov, 2022. Keystone Realtors IPO size was 635.00 Cr. with Issue price of 541.00 .

Merchant Banker(s) of Keystone Realtors IPO: Axis Capital Limited , Credit Suisse Securities (India) Private Limited

Keystone Realtors IPO subscription was 2.01 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.

Keystone Realtors IPO listed at a listing price of 557.80 against the offer price of 541.00.

The current market price of Keystone Realtors is 618.70.

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