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Keystone Realtors IPO (Public Issue) Subscribed 2 Times On Final Day

Keystone Realtors IPO (Public Issue) Subscribed 2 Times On Final Day

NDTV
Wednesday, November 16, 2022 4:27 PM GMT

Keystone Realtors: The IPO had a fresh issue of up to Rs 560 crore and an offer for sale of up to Rs 75 crore.

The initial public offering of Keystone Realtors, which sells properties under the brand 'Rustomjee', received 2 times subscription on the last day of offer today.

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.

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.

The IPO had a fresh issue of up to Rs 560 crore and an offer for sale of up to Rs 75 crore.

Read full story on NDTV
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