B-Right Realestate Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,376,800 (47%) | — | ₹2,107 Cr |
| Retail | — | 1,376,800 (47%) | — | ₹2,107 Cr |
| Market Maker | — | 145,600 (5%) | — | ₹22 Cr |
| Σ Total | — | 2,899,200 (100%) | — | ₹44,358 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 800 | ₹122,400 |
| Retail (Max) | 13 | 10,400 | ₹1,591,200 |
| S-HNI (Min) | 14 | 11,200 | ₹1,713,600 |
| B-HNI (Min) | 67 | 53,600 | ₹8,200,800 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Dec-21 |
|---|---|---|---|
| Revenue | 147 | 119 | 116 |
| Profit After Tax | 87 | 58 | 72 |
| Net Worth | 3,523 | 8,981 | 9,053 |
| Total Assets | 11,760 | 13,442 | 15,518 |
| Reserves & Surplus | 3,460 | 8,888 | 8,960 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Meet working capital requirements. –
- General corporate purposes. –
Company Overview
B Right Realestate Limited is an integrated construction and real estate development company that primarily focuses on the construction of residential and commercial projects. It has strong in-house capabilities to deliver the best quality projects.
It works with subsidiaries and stepdown subsidiaries. B-Right RealEstate Ventures LLP, BRV Leasing Andheri LLP, B-Right Realty Lonavala LLP, B-Right Housecon LLP, B-Right NY Esqure LLP, Jaliyan B-Right Developers LLP, B-Right Sejal Developers LLP, Darc Realty LLP, D.M. Realtors, Siddhivinayak Developers Kurar, and Parth Construction are its subsidaries.
Competitive strengths
- Established brand reputation in the real estate sector.
- Experienced team of managers.
- Scalable business model and best quality construction projects.