Keystone Realtors Limited IPO

Keystone Realtors Limited IPO is listed on BSE and NSE, priced at ₹514–₹541 per share. The stock debuted at ₹555, delivering a listing gain of 2.6%. The IPO had a lot size of ₹27 shares and a minimum investment of ₹14,607.

Keystone Realtors Limited IPO

Mainboard Listed
₹14,607 (27 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 14, 2022 – Nov 16, 2022
Price band
₹514-541 per equity share
Minimum Investment
₹14,607
Issue size
Total 635 Cr : Fresh 560 Cr + OFS 75 Cr
Lot size
27
Allotment Date
Nov 21, 2022
Listing
Nov 24, 2022
Listing At
BSE, NSE

IPO timeline

  1. Nov 14, 2022

    Open Date

    Completed

  2. Nov 16, 2022

    Close Date

    Completed

  3. Nov 21, 2022

    Allotment Date

    Completed

  4. Nov 24, 2022

    Listing Date

    Completed

Price Summary

Last closing
410.00 (-24.21%)
52 week high
697.00
52 week low
358.80
Last update

Keystone Realtors Limited IPO Essentials

Keystone Realtors Limited IPO Details

Keystone Realtors Limited IPO is priced at ₹514-541 per share with a total issue size of Total 635 Cr : Fresh 560 Cr + OFS 75 Cr. The IPO has a lot size of 27 shares and is listed on BSE and NSE.

Issue price
₹514-541 per equity share
Lot size
27 shares
Face value
₹10 Per Equity Share
Issue size
Total 635 Cr : Fresh 560 Cr + OFS 75 Cr
Listing at
BSE, NSE
List price
555.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
Axis Capital Limited ,Credit Suisse Securities (India) Private Limited

Keystone Realtors Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications : 1,52,150 Approx),
    (Number of sHNI Applications : 1,550 Approx),
    (Number of bHNI Applications : 3,100 Approx)

Keystone Realtors Limited IPO Documents

Keystone Realtors Limited IPO Analytics

Keystone Realtors Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Keystone Realtors Limited IPO Subscription Status

Keystone Realtors Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 2,470,816
1,853,113
1,235,408
617,705
4,323,929 8,647,858
Day 1 14-11-22 05:00 PM
0.00 x
0.11x
0.13x
0.09x
0.12 x 0.08 x
Day 2 15-11-22 05:00 PM
0.49 x
0.72x
1.00x
0.17x
0.24 x 0.41 x
Day 3 16-11-22 05:00 PM
3.84 x
3.03x
3.78x
1.53x
0.53 x 2.01 x

Keystone Realtors Limited Valuations

Earnings

EPS (Post IPO)
₹13.96/-

Returns

RoNW
14.97%

Data sourced from DRHP / RHP • For educational purposes only

Keystone Realtors Limited Financials( In Crs.)

31-Mar-22 31-Mar-21 31-Mar-20 31-Mar-19
Assets 3876.84 3654.1 4415.31 4153.07
Revenue 1302.97 1177.27 1268.6 2142.65
Profit After Tax 135.83 231.82 14.49 137.74

Keystone Realtors Limited Company & Offer Insights

About Keystone Realtors Limited

Keystone Realtors Limited is one of the prominent real estate developer. The company is engaged primarily in the business of real estate construction, development and other related activities in India.
As of June 30, 2022, the company had 32 Completed Projects, 12 Ongoing Projects and 21 Forthcoming Projects across the Mumbai Metropolitan Region (MMR) that includes a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories, all under the Rustomjee brand.
June 30, 2022, Keystone Realtors have developed 20.22 million square feet of high-value and affordable residential buildings, premium gated estates, townships, corporate parks, retail spaces, schools, iconic landmarks and various other real estate projects.
As part of the business model, the company is entering into joint development agreements, redevelopment agreements with landowners or developers or societies, and slum rehabilitation projects, which requires lower upfront capital investment compared to direct acquisition of land parcel.
The company have adopted an integrated real estate development model for every stage of the property development life cycle, commencing from business development, which involves the identification of land parcels and the conceptualization of the development, to execution, comprising planning, designing and overseeing the construction activities, marketing and sales.
As of June 30, 2022, The company have developed over 280 buildings and homes for over 14,000 families.

Keystone Realtors Limited Promoter(s)

Boman Rustom Irani, Percy Sorabji Chowdhry, Chandresh Dinesh Mehta are the company's promoters of Keystone Realtors Limited.

Keystone Realtors Limited IPO Issue Objectives

Each of the Selling Shareholders will be entitled to their respective portion of the proceeds of the Offer for Sale.
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 Limited IPO - Anchor Investors

Keystone Realtors raises Rs 190.5 crore from anchor investors ahead of IPO.
Total 16 anchor investors bought shares in the company via anchor book. The list includes names such as Abu Dhabi Investment Authority, Morgan Stanley, Aditya Birla Sun Life, SBI Life Insurance, IDFC Mutual Fund, Tata Mutual Fund, HDFC Life Insurance Company, IIFL Special Opportunities Fund, Saint Capital Fund and BNP Paribas Arbitrage.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Keystone Realtors Limited IPO is a book-built IPO worth ₹Total 635 Cr : Fresh 560 Cr + OFS 75 Cr. The price band is ₹514–₹541 per share. The IPO opens on Nov 14, 2022 and closes on Nov 16, 2022. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Keystone Realtors Limited IPO is ₹514 to ₹541 per share.

The lot size of Keystone Realtors Limited IPO is 27 shares.

The minimum investment for Keystone Realtors Limited IPO is approximately ₹14,607 based on the upper price band .

Keystone Realtors Limited IPO opens on Nov 14, 2022 and closes on Nov 16, 2022.

The allotment date of Keystone Realtors Limited IPO is Nov 21, 2022.

Keystone Realtors Limited IPO is expected to be listed on Nov 24, 2022, on BSE and NSE .

Keystone Realtors Limited IPO listed on Nov 24, 2022. It was issued at ₹555.0(NSE) and is currently around ₹410.00 as on 14-May-2026 3:30 PM, which is approximately -24.2% versus issue price. The 52-week high is ₹697.00.

Based on listing and post-listing performance, Keystone Realtors Limited IPO delivered around -24.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Keystone Realtors Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Keystone Realtors Limited IPO valuation snapshot: P/E N/A, EPS ₹13.96/-, P/B N/A, RoNW 14.97%, and market cap N/A.

To apply for Keystone Realtors Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Keystone Realtors Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Keystone Realtors Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Keystone Realtors Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Keystone Realtors Limited IPO allotment status on IPO Ji for quick and easy access.