Keystone Realtors IPO opens today, check live subscription on Day 1

14 Nov 2022 , 12:07 PM

Keystone Realtors, Parent company of Rustomjee Brand has opens today for public subscription and will be closing on November 16, 2022. The IPO price band is Rs 514-541 per share. Investors can apply in the IPO in a minimum lot size of 27 shares. The Mumbai-based realtor is raising Rs 560 crore via fresh issue, and Rs 75 crore through an offer for sale.

Check the subscription status of Keystone Realtors IPO in the table below:

Keystone Realtors Ltd IPO subscrition live status (11.51 AM on 14-11-2022)

Keystone Realtors Ltd	No. Of shares reserved	No. Of shares bid for	No. Of times bid
Qualified Institutional Buyers (QIBs)	24,70,816	–	0.00
NIIs	18,53,113	1,10,700	0.06
RIIs	43,23,929	1,68,129	0.04
Employees
Total			0.03

(Source: BSE Live Subscription)

Keystone Realtors is one the most prominent rela-estate developers in Mumbai. The company has said to utilise its net proceeds towards the repayment or pre-payment of certain borrowings, to fund the acquisition of future real estate projects and other general corporate purposes.

 
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