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RUSTOMJEEEQ / NSE, BSEListed
Keystone Realtors

Incorporated in 1995, Keystone Realtors Limited is a prominent real estate developer in India engaged in construction, development, and related activities. As of June 30, 2022, the company had 32 completed projects, 12 ongoing projects, and 21 forthcoming projects across the Mumbai Metropolitan Region under the Rustomjee brand, covering affordable, mid, aspirational, premium, and super-premium segments. Keystone Realtors has developed 20.22 million sq. ft. of residential buildings, gated estates, townships, corporate parks, retail spaces, schools, and iconic landmarks. The company follows an integrated real estate development model encompassing land identification, planning, design, construction, marketing, and sales, and engages in joint development agreements, redevelopment agreements, and slum rehabilitation projects to optimize capital investment. To date, Keystone Realtors has developed over 280 buildings, serving more than 14,000 families.

₹514 - ₹5412.11x sub
Listed Price₹555.00
Listing Gain+2.59%

IPO Schedule & Timeline

Bookbuilding IPO
Open14 Nov 2022
Close16 Nov 2022
Allotment21 Nov 2022
Listing24 Nov 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail41,08,132 shares
35%
Nii(hni)17,60,629 shares
15%
QIB58,68,759 shares
50%

Minimum Application Lots

Retail1 Lot (27 shares)
₹14,607
sHNI14 Lots (378 shares)
₹2,04,498
bHNI69 Lots (1,863 shares)
₹10,07,883

Company Promoters

Boman Rustom IraniPercy Sorabji ChowdhryChandresh Dinesh Mehta

Company Background

Incorporated in 1995, Keystone Realtors Limited is a prominent real estate developer in India engaged in construction, development, and related activities. As of June 30, 2022, the company had 32 completed projects, 12 ongoing projects, and 21 forthcoming projects across the Mumbai Metropolitan Region under the Rustomjee brand, covering affordable, mid, aspi...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-19)₹2142.65 Cr
Growth+1117.4%
Revenue Trend (₹ in Crores)
0.0821.31.6k2.5kJun-22Mar-22Jun-21Mar-21Mar-20Mar-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-192142.65137.744153.071372.4
Mar-201268.614.494415.311220.26
Mar-211177.27231.823654.12513.9
Jun-2191.4-0.973676.241145.56
Mar-221302.97135.833876.841557.96
Jun-221764.223910.151468.83

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
21 Nov 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
24 Nov 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Keystone Realtors. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization21 Nov 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Nov 2022Trading commences on exchange

How to Check Keystone Realtors Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Keystone Realtors from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Keystone Realtors IPO

Complete issue overview for Keystone Realtors (RUSTOMJEE) IPO. The issue features an equity share price band of ₹514 – ₹541 per share with a minimum retail lot size of 27 Shares (minimum application amount of ₹14,607). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions