Keystone Realtors IPO subscribed 2.01 times on Day 3

16 Nov 2022 , 05:56 PM

Rustomjee parent company, Keystone Realtors initial public offer (IPO) was subscribed 2.01 times on the final day of bidding. The qualified institutional buyers (QIBs) portion sold 3.84 times, Non Institutional Investors (NIIs) for 3.03 times and Retail Individual Investors (RIIs) for 0.53 times.

Check more details of Keystone Realtors subscription in the table below:

Keystone Realtors Limited	No. of shares reserved	No. of shares bid	No. of times bid
Qualified Institutional Buyers (QIBs)	24,70,816	94,77,918	3.84
Non Institutional Investors(NIIS)	18,53,113	56,15,217	3.03
Retail Individual Investors (RIIs)	43,23,929	22,79,232	0.53
Total			2.01

 

The company has fixed its IPO price band at Rs 514-541 per share with a lot size of 27 equity shares. It has developed residential buildings, premium gated estates, townships, corporate parks, retail spaces, schools, iconic landmarks, and various other real estate projects.

For feedback and suggestions, write to us at [e-mail]