B Right Realestate IPO GMP, Review, Price, Allotment

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B Right Realestate IPO description – The company is an integrated construction and real estate development company, focused primarily on construction and development of residential and commercial projects, in and around Mumbai.

The company has opted a business model whereby it invests in its subsidiary named B-Right RealEstate Ventures LLP and this LLP makes investment in various SPV (Special Purpose Vehicle) which are incorporated for particular projects. Each real estate project has its own SPV which is closed upon completion of the project.

B Right Realestate focuses on developing projects on land held in stock in trade and by entering into joint development agreement & partnerships with parties for development of projects.

Promoters of B Right RealEstate – Blow Sales LLP and Cheerful Dealtrade LLP


B Right Realestate IPO Details

Subscription Dates30 June – 5 July 2022
Price BandINR153 per share
Fresh issue28,99,200 shares (INR44.4 crore)
Offer For SaleNil
Total IPO size28,99,200 shares ( INR44.4 crore)
Minimum bid (lot size)800 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

B Right Realestate’s Financial Performance

 FY2019FY2020FY20219M FY2022
Revenue244.95147.04118.77115.95
Expenses51.7927.5350.5243.05
Net income139.4385.0358.3772.27
Figures in INR Lakh unless specified otherwise

B Right Realestate Offer News


B Right Realestate Offer Valuation (as of FY2021)

Earnings Per Share (EPS): INR9.28
Pre-IPO Price/Earnings (PE ratio): 16.49
Return on Net Worth (RONW): 0.65%
Net Asset Value (NAV): INR974.93 per share


B Right Realestate IPO GMP Daily Trend

DateB Right Realestate IPO GMPKostakSubject to Sauda

B Right Realestate IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered14,49,600 14,49,600 28,99,200
Day 10.710.100.41
Day 20.710.180.45
Day 31.100.360.73
Day 41.730.571.15
Subscription figures in number of times, at 5 PM

B Right Realestate IPO Lead Manager

Gretex Corporate Services Limited
Office No. 13, 1st Floor,
New Bansilal Building,
Raja Bahadur Mansion, 9-15,
Homi Modi Street, Fort,
Mumbai – 400 001, Maharashtra
Phone: +91–22–4002 5273 / 98368 22199 / 98368 21999
Email: [email protected]
Website: www.gretexcorporate.com


B Right Realestate Offer Registrar

Purva Sharegistry India Private Limited
Unit no. 9, Shiv Shakti Industrial Estate,
JR Boricha Marg, Lower Parel (E)
Mumbai – 400 011
Phone: +91 22 2301 2518
Email[email protected]
Website: www.purvashare.com


B Right Realestate IPO Contact Details

B Right Realestate Limited
702, 7th Floor
Shah Trade Centre, Rani Sati Marg
Malad East, Mumbai- 400097
Maharashtra
Phone : +91 22 4603 5689
E-mail: [email protected]
Website: www.b-rightgroup.com


B Right Realestate IPO Allotment Status

B Right Realestate IPO allotment is now available on Purva Sharegistry’s website. Click on this link to get allotment status.


B Right Realestate IPO Timetable

IPO Opening Date30 June 2022
IPO Closing Date5 July 2022
Finalisation of Basis of Allotment8 July 2022
Initiation of refunds11 July 2022
Transfer of shares to demat accounts12 July 2022
Listing Date13 July 2022
Opening Price on BSE SMEINR155 per share (up 1.31% from IPO price)
Closing Price on BSE SMEINR147.25 per share (down 3.76% from IPO price)

B Right Realestate IPO FAQs

What is B Right Realestate offer size?

B Right Realestate offer size is INR44.4 crore.

What is B Right Realestate IPO Price Band?

B Right Realestate public offer price is INR153 per share.

What is the lot size of B Right Realestate IPO?

B Right Realestate offer lot size is 800 shares.

What is B Right Realestate IPO GMP today?

B Right Realestate IPO GMP today is NA per share.

What is B Right Realestate kostak rate today?

B Right Realestate kostak rate today is NA per application.

What is B Right Realestate Subject to Sauda rate today?

B Right Realestate Subject to Sauda rate today is NA per application.

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