Homesfy Realty Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 382,200 (47%) | — | ₹753 Cr |
| Retail | — | 382,200 (47%) | — | ₹753 Cr |
| Market Maker | — | 40,800 (5%) | — | ₹8 Cr |
| Σ Total | — | 805,200 (100%) | — | ₹15,862 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 | 600 | ₹118,200 |
| Retail (Max) | 13 | 7,800 | ₹1,536,600 |
| S-HNI (Min) | 14 | 8,400 | ₹1,654,800 |
| B-HNI (Min) | 67 | 40,200 | ₹7,919,400 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 |
|---|---|---|---|
| Revenue | 1,193 | 1,476 | 3,040 |
| Profit After Tax | 91 | 199 | 318 |
| Net Worth | 428 | 627 | 945 |
| Total Assets | 794 | 1,224 | 1,719 |
| Total Borrowing | 0 | 0 | 22 |
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
- 1 Working Capital requirements of the Company – 11.61
- 2 General Corporate Purpose – 2.90
Company Overview
Incorporated in 2011, Homesfy Realty Limited is Proptech engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential properties.
The company runs its brokerage business in the name of Homesfy and is well-partnered with the mymagnet.io co-broking 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 http://www.homesfy.in/, prospect calling, and digital advertisement platform.
The company operating model is backed by strong expertise in Digital Marketing and Operational efficiency backed by process-driven expertise, technology 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 a product portfolio
- Growth through a combination of acquisitions and organic growth
- Visit for an extensive set of information about the company: https://www.homesfy.in/investor_corner