Keystone Realtors IPO Allotment Date, Keystone Realtors IPO Allotment Status: Keystone Realtors will announce the status of its initial public offering (IPO) today. As per the information available, Keystone Realtors had fixed November 21 as the tentative date for the announcement. The company's Initial Public Offering (IPO) got bids for 1,73,72,367 shares against 86,47,858 shares on offer, according to an update on the NSE.

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The category for Qualified Institutional Buyers (QIBs) received 3.84 times subscription, non-institutional investors portion was subscribed 3.03 times, while the quota for Retail Individual Investors (RIIs) got 53 per cent subscription.

Keystone Realtors IPO Price Band

 

Keystone Realtors IPO had a fresh issue of up to Rs 560 crore and an offer for sale of up to Rs 75 crore. The price range for the IPO was Rs 514- 541 a share.

Keystone Realtors Shares Listing Date and Time, Keystone Realtors IPO Listing Date

 

Keystone Realtors will be listed on both exchanges –BSE and NSE. The date for this purpose has been as November 24. The special pre-open session will be at 9:45 am

Keystone Realtors IPO allotment: Step-by-step guide to check status online 

 

Those investors who have applied for Keystone Realtors IPO can check the allotment status of the IPO application online. For this, they can either visit the official website of the Bombay Stock Exchange (BSE) or can use the direct link. 

Keystone Realtors IPO allotment: Check status on BSE

 

Step 1: Bidders can visit the official website of the BSE to check the status of the IPO application online. Alternatively, they can directly click on the link - https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type' 

Step 3: Select 'Issue Name' i.e. Keystone Realtors from the menu.

Step 4: Either enter your application number in the box or provide your PAN detail to proceed further.

Step 5: Click on 'I'm not a robot' and then submit. 

Check Keystone Realtors IPO allotment status via direct link or the official registrar

 
It is to be noted that Link Intime Private Limited (linkintime.co.in) is the official registrar appointed for Keystone Realtors IPO.

Step 1: Visit the official website of the registrar or click - linkintime.co.in/MIPO/Ipoallotment.html. 

Step 2: Select Keystone Realtors.

Step 3: Now you will have to provide your PAN details. 

Step 4: Click on 'Search' and the allotment status will be available on your screen.

Status of your Keystone Realtors IPO application status will be available on the screen. 

Meanwhile, Keystone Realtors said it has collected a little over Rs 190 crore from anchor investors.

The company intends to utilise the net proceeds towards funding the repayment/prepayment of borrowings to the tune of Rs 341.6 crore as well as towards funding the acquisition of future real estate projects and general corporate purposes.

Founded in 1995, Keystone Realtors has 32 completed projects, and has 12 ongoing projects and 19 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 Rustomjee brand.

The realty firm has developed 20.05 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 of March 2022.

Axis Capital and Credit Suisse Securities (India) were the managers to the offer.

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