31 Mar 2019
Assets4,153.07
Total Income2,142.65
Profit After Tax137.74
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing1,372.40
At a glance
Updated 2026-09-17The shares listed at ₹555.00, a 2.59% move from the issue price. Keystone Realtors is a Mainboard IPO with an issue size of ₹635.00 crore, proposed for listing on BSE, NSE. The offer opens on 14th Nov 2022 and closes on 16th Nov 2022. The issue structure includes a fresh issue of ₹560.00 crore and an offer-for-sale component of ₹75.00 crore. The current listing schedule points to 24th Nov 2022.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹635.00 Cr
Fresh issue₹560.00 Cr
Offer for sale₹75.00 Cr
Face value₹10
Price band₹514.00–₹541.00
Allotment21st Nov 2022
Listing24th Nov 2022
Listing performance
Full performance ↗Issue price₹541.00
Listing price₹555.00
Current price—
Listing gain2.59%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMPNO GMP
GMP / upper priceNO DATA
Est. listing₹536.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens14th Nov 2022
Closes16th Nov 2022
Allotment21st Nov 2022
Refund22nd Nov 2022
Demat23rd Nov 2022
Listing24th Nov 2022
Subscription demand
Full bidding ↗Total2.11×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 27 | ₹14,607 |
Company
Incorporated1995
Use of proceeds
| Object | Amount |
|---|---|
| Repayment/ prepayment, in full or part, of certain borrowings availed by the Company and/or certain of the Subsidiaries; | ₹341.60 Cr |
| Funding acquisition of future real estate projects and general corporate purposes | ₹182.86 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue176.00₹ Cr · -86.5% vs prior year
PAT4.22₹ Cr · -96.9% vs prior year
Assets3,910.15₹ Cr · +0.9% vs prior year
Borrowing1,468.83₹ Cr · -5.7% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2020
Assets4,415.31
Total Income1,268.60
Profit After Tax14.49
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing1,220.26
31 Mar 2021
Assets3,654.10
Total Income1,177.27
Profit After Tax231.82
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing2,513.90
30 Jun 2021
Assets3,676.24
Total Income91.40
Profit After Tax-0.97
Total Borrowing1,145.56
31 Mar 2022
Assets3,876.84
Total Income1,302.97
Profit After Tax135.83
NET Worth0.00
Reserves and Surplus0.00
Total Borrowing1,557.96
30 Jun 2022
Assets3,910.15
Total Income176.00
Profit After Tax4.22
Total Borrowing1,468.83
KPIs
| KPI |
|---|
| Debt / Equity |
| RoNW |
| EBITDA Margin |
Valuation & shareholding
Pre-IPO EPS13.96
Pre-IPO P/E365.54
Promoter holding pre96.71%
Promoter holding post86.7%
Market cap₹6160.77 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Keystone Realtors IPO | — | 365.54 x | — | — |
| Pranav Construction IPO | — | 19.59 x | — | — |
| Cube Highways IPO | — | - | — | — |
| Bagmane Prime IPO | — | - | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs including underwriting commission, brokerage and selling commission, as applicable | ₹14.99 Cr |
| Advertising and marketing expenses | ₹5.45 Cr |
| Printing and stationery expenses | ₹1.23 Cr |
| Fees payable to Registrar to the Offer | — |
| Commission/processing fee for SCSBs, Sponsor Banks and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs (2)(3)(4)(5)(6) | ₹1.69 Cr |
| Others (Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses, fees for the legal counsels, Auditors, Practising Company Secretary, Architect, and the Independent Chartered Accountant appointed for the purpose of the Offer, and other miscellaneous expenses, etc.) | ₹16.94 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Credit Suisse Securities (India)...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
IPO UPDATE ALERTS
Register for IPO Updates →Track Keystone Realtors without missing an update
Register for subscription, GMP, allotment and listing notifications.