Homesfy Realty Limited IPO Detail
Incorporated in 2011, Homesfy Realty Limited is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential and commercial space.
The company run its brokerage business in name of Homesfy and is well partnered by the mymagnet platform.
Homesfy Realty Limited has established and currently maintains a network of 7 offices located in 4 cities, Mumbai, Pune, Noida and Bangalore, which primarily engage in sales, marketing and payment collection activities for the business.
Homesfy brokerage business is a combination of both offline and online presence and provides real estate broking-related services through the website www.homesfy.in, prospect calling, and platforms like Google and Facebook.
The company operating model is backed by strong expertise in lead generation backed by process-driven digital marketing expertise and automation. As of October 2022, 245 out of 380 employees were in the sales department.
Strengths:
- The company have highly experienced and stable management
- The company have long-standing relationships with the largest Developers in India
- Efficient Transaction Process
- Service Quality
- The company have a well-qualified and highly motivated workforce
- The company have established a wide network of offices to support and augment our sales and client management
- The company have the technological expertise for the improvement and development of product portfolio
- Growth through a combination of acquisitions and organic growth
Company Promoters
Mr. Ashish Premprakash KukrejaIPO Details
IPO Opening Date | Dec 21, 2022 |
IPO Closing Date | Dec 23, 2022 |
Issue Type | Fixed Price Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹197 per equity share |
Market Lot | 600 Shares |
Min Order Quantity | 600 Shares |
Listing At | NSE SME |
Issue Size | ₹15.86 Cr |
Fresh Issue | ₹15.86 Cr |
Offer for Sale | - |
Retail Portion | 50% |
IPO Subscription (Bidding Detail)
AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
---|---|---|---|---|---|---|
Day 1 | - | - | 0.76x | 1.73x | 1.24x | |
Day 2 | - | - | 1.73x | 5.09x | 3.41x | |
Day 3 | - | - | 26.82x | 16.55x | 21.69x |
IPO Tentative Timetable
The Homesfy Realty Limited IPO open date is Dec 21, 2022, and the close date is Dec 23, 2022. The issue may list on Jan 02, 2023.
IPO Open Date | Dec 21, 2022 |
IPO Close Date | Dec 23, 2022 |
Basis of Allotment Date | Dec 28, 2022 |
Initiation of Refunds | Dec 29, 2022 |
Credit of Shares to Demat Account | Dec 30, 2022 |
IPO Listing Date | Jan 02, 2023 |
IPO Lot Size
The Homesfy Realty Limited IPO market lot size is 600 shares. A retail-individual investor can apply for up to 1 lots (600 shares or ₹118200).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 600 | ₹118200 |
Maximum | 1 | 600 | ₹118200 |
IPO Promoter Holding
Pre Issue Share Holding | 71.69% |
Post Issue Share Holding | 52.80% |
Company Financials:
For the year/period ended (₹ in Lakhs)
Financial Year | Total Assets | Total Revenue | Profit After Tax |
---|---|---|---|
31-Mar-21 | 1224.23 | 1475.92 | 199.14 |
31-Mar-22 | 1718.99 | 3039.93 | 318.41 |
30-Jun-22 | 1948.61 | 1239.34 | 138.51 |
Objects of the Issue:
The objects of the Issue are:
1) Working Capital requirements of the Company.
2) To meet Issue Expenses.
3) General Corporate Purpose.
Homesfy Realty Limited IPO Registrar:
Bigshare Services Pvt Ltd
Homesfy Realty Limited IPO Lead Manager(s):
Sarthi Capital Advisors Private Limited
Company Contact Information:
Homesfy Realty Limited
1602, 16th Floor, Dev Corpora Near Cadbury Junction
Thane
Maharashtra