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Keystone Realtors files Rs 850 crore IPO papers with SEBI

13 Jun 2022 Evaluate

Rustomjee group company Keystone Realtors has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise Rs 850 crore through an initial public offering (IPO).

The company proposes to utilize the net proceeds towards payment of a debt, funding acquisition of future real estate projects, and general corporate purposes. Axis Capital and Credit Suisse Securities (India) are the book-running lead managers to the issue.

Keystone Realtors, doing business as Rustomjee, operates as a real estate company. The company builds and sells residential buildings such as single and multi-family homes, apartments, and condominiums, as well as constructs retail facilities and business parks. 

Keystone Realtors Share Price

404.50 4.70 (1.18%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Lodha Developers 871.70
Dilip Buildcon 457.55
DLF 601.80
Oberoi Realty 1710.00
Ahluwalia Contract(I 832.90
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