Keystone Realtors Limited Incorporated in 1995, 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.
Keystone Realtors Limited IPO Timetable
| Particular | Date |
| IPO Open Date | 14 Nov 2022 |
| IPO Close Date | 16 Nov 2022 |
| Allotment Date | 21 Nov 2022 |
| IPO Listing Date | 24 Nov 2022 |
Keystone Realtors Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs. 514 to Rs. 541 Per Equity Share |
| Market Lot | 27 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 635 Crore. |
Keystone Realtors Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 27 | Rs. 14607 |
| Maximum | 13 | 351 | Rs. 189891 |
| Small HNI (Minimum) | 14 | 378 | Rs. 204498 |
| Big HNI (Minimum) | 69 | 1863 | Rs. 1007883 |
Keystone Realtors Limited IPO Allotment Status
Click Here To Check IPO Allotment Status Keystone Realtors Limited IPO
Click Here To Get ASBA Forms Keystone Realtors Limited IPO
Company Financials:
| Particular | 31 March 2022 | 31 March 2021 | 31 March 2020 |
| Total Assets | 3876.84 | 3654.10 | 4415.31 |
| Total Revenue | 1302.97 | 1177.27 | 1268.60 |
| Profit After Tax | 135.83 | 231.82 | 14.49 |
Company Promoters:
Boman Rustom Irani, Percy Sorabji Chowdhry, and Chandresh Dinesh Mehta are the company promoters.
Purpose of the Issue
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| 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/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: rustomjee.ipo@linkintime.co.in Website: https://linkintime.co.in/ |
