Keystone Realtors IPO GMP, Price, Date, Allotment

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Keystone Realtors IPO GMP

Keystone Realtors IPO description – The company is a one of the prominent real estate developers in Mumbai Metropolitan Region (MMR). It commands a market share of 28% in Khar, 23% market in Juhu, 11% in Bandra East, 14% in Virar, 3% in Thane and 5% in Bhandup in terms of absorption (in units) from 2017 to 2021.

As of 30 June 2022, the company had 32 Completed Projects, 12 Ongoing Projects and 21 Forthcoming Projects across the MMR. This portfolio includes a comprehensive range of projects under the affordable, mid and mass, aspirational, premium and super premium categories, all under the Rustomjee brand. As of 30 June 2022, it has 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.

The company focuses on 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 parcels. As of 30 June 2022, Keystone Realtors had 1,542 channel partners who present the Rustomjee portfolio to their customers and drive customers traffic to its projects.

Keystone Realtors Ltd

Promoters of Keystone Realtors Industries – Boman Rustom Irani, Percy Sorabji Chowdhry, and Chandresh Dinesh Mehta


Keystone Realtors IPO Details

Keystone Realtors IPO Dates14 – 16 November 2022
Keystone Realtors IPO Price INR 514 – 541 per share
Fresh issueINR 560 crore
Offer For SaleINR 75 crore
Total IPO sizeINR 635 crore
Minimum bid (lot size)27 shares (INR 14,607)
Face Value INR 10 per share
Retail Allocation35%
Listing OnNSE, BSE

Keystone Realtors Financial Performance

 FY 2020FY 2021FY 2022
Revenue1,211.5848.71,269.4
Expenses1,205.6876.01,116.4
Net income14.5231.8135.8
Margin (%)1.319.610.5
Figures in INR crore unless specified otherwise

Keystone Realtors IPO News & Resources


Keystone Realtors Valuations & Margins

FY 2020FY 2021FY 2022
EPS2.2031.0413.96
PE ratio
RONW (%)5.1438.7714.97
NAV93.24
ROCE (%)
EBITDA (%)15.9717.6116.60
Debt/Equity9.101.531.62
As per Consolidated Financial Information

Keystone Realtors IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
23 Nov 20225
22 Nov 20225
21 Nov 20225
19 Nov 20225
18 Nov 202210
17 Nov 202210
16 Nov 20225

Keystone Realtors IPO Reviews – Subscribe or Avoid?

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LKP Research –
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Nirmal Bang –
Reliance Securities – Subscribe
Religare Broking – Neutral
Samco Securities – Avoid
SMC Global – 2/5
Swastika Investmart –
Ventura Securities – Not rated


Keystone Realtors Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200 
Email: rustomjee[email protected]
Website: www.linkintime.co.in


Keystone Realtors Contact Details

KEYSTONE REALTORS LIMITED
702, Natraj, MV Road Junction,
Western Express Highway,
Andheri (East), Mumbai 400069, Maharashtra
Phone: +91 (22) 6676 6888
Email: [email protected]
Website: www.rustomjee.com


Keystone Realtors IPO Allotment Status

Keystone Realtors IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.


Keystone Realtors IPO Dates & Listing Performance

Keystone Realtors IPO Opening Date14 November 2022
Keystone Realtors IPO Closing Date16 November 2022
Finalisation of Basis of Allotment21 November 2022
Initiation of refunds22 November 2022
Transfer of shares to demat accounts23 November 2022
Keystone Realtors IPO Listing Date24 November 2022
Opening Price on NSEINR 555 per share (up 2.59%)
Closing Price on NSEComing soon

Keystone Realtors IPO FAQs

How many shares in Keystone Realtors IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply in Keystone Realtors Public Offer?

The best way to apply in Keystone Realtors public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Keystone Realtors IPO GMP today?

Keystone Realtors IPO GMP today is INR 10 per share.

What is Keystone Realtors kostak rate today?

Keystone Realtors kostak rate today is NA per application.

What is Keystone Realtors Subject to Sauda rate today?

Keystone Realtors Subject to Sauda rate today is NA per application.

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