Homesfy Realty IPO – Review, Bid, Size, Allotment, Subscription, GMP & RHP
Last Updated Date: Dec 23, 2022Let’s have a detailed review of the company and analytics of the Homesfy Realty IPO release date, IPO offer price, subscription, Homesfy Realty Limited IPO allotment, grey market price, and other details like the company’s background, its financial positions, its promoters, and other related things.
| Face Value | Rs 10 |
| Price Band | Rs 197 |
| Listing At | BSE, NSE |
| Min. Order Quantity | 600 Shares |
| Listing Date | Jan 2, 2023 |
| Offer for Sale | Rs Lakh |
| Fresh Issue | Rs 1,586.24 Lakh |
| IPO Size | Rs 1,586.24 Lakh |
| Tick Size | 1 |
Homesfy Realty IPO is listed at a [●] premium. Check out the live share price by clicking on the below link.
Homesfy Realty IPO – Summary
Homesfy Realty Limited was incorporated on May 06 2011, headquartered in Thane, Maharashtra. They are engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential and commercial space.
They deal in new constructed properties, whereby they assist the Real Estate Developers in selling and potential customers in purchasing the properties
The Promoter of this company is MR. ASHISH PREMPRAKASH KUKREJA. The lead manager to the issue is Sarthi Capital Advisors Private Limited, and the Registrar to this issue is BIG SHARE SERVICES PRIVATE LIMITED.
Homesfy Realty IPO Date
The opening and the closing date of Homesfy Realty IPO are Dec 21, 2022 and Dec 23, 2022 respectively.
Homesfy Realty IPO Subscription
| Day / Date | NII | RII | Total Subscription |
| 1st Day – 21st Dec | 0.82x | 1.85x | 1.34x |
| 2nd Day – 22nd Dec | 1.73x | 5.09x | 3.41x |
| 3rd Day – 23rd Dec | 26.82x | 16.55x | 21.69x |
| Shares Offered or Net Issue | 382,200 | 382,200 | 764,400 |
The shares subscribed by the public will be updated here.
Check Homesfy Realty IPO LIVE Subscription
- Homesfy Realty IPO LIVE Bid details on BSE
- Homesfy Realty IPO LIVE Bid details on NSE
For the Latest Bid details click on the above links.
Homesfy Realty IPO Allotment Status
Here, you can find the Allotment Status of this IPO.
Allotment of Equity Shares pursuant to the Fresh Issue and transfer of the Offered Shares of the Promoter Selling Shareholders pursuant to the Offer for Sale to the successful Bidders. However, the Allotment Status is not yet disclosed.
Homesfy Realty Limited IPO Listing Date
Find the dates below on basis of allotment, refund, listing, and more:
| Basis of Allotment Finalization | Dec 28, 2022 |
| Refunds Initiation | Dec 29, 2022 |
| Credit of Shares to Demat Account | Dec 30, 2022 |
| Share Listing Date | Jan 2, 2023 |
Homesfy Realty IPO Price Band
The face value of each share is Rs.10, but the price band of the IPO is Rs.197
Homesfy Realty IPO Equity Size
This Initial Public Issue of 805,200 Equity Shares of Rs.10 each for cash at a price of Rs.197 per equity share aggregating to Rs.1,586.24 Lakh.
Homesfy Realty IPO Share Offering
Fresh Issue: The Issue (excluding the Market Maker Reservation Portion) of 805,200 Equity Shares of Rs.10/ each.
Issue Size: 805,200 Equity Shares of Rs.10 each, aggregating to Rs.1,586.24 Lakh
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Homesfy Realty IPO – Live Performance
The listing date of this IPO is Jan 2, 2023. You can check the live performance of the IPO here, only after it is listed on exchanges.
| Live IPO Performance – Homesfy Realty Share Price |
Homesfy Realty IPO Grey Market Premium
The Homesfy Realty Limited IPO Grey Market Premium price is Rs X, the Kostak rate is Rs X and the Subject to Sauda is X.
Homesfy Realty IPO – Company Overview
Homesfy was founded with the belief that they can create best experience in the housing transactions and services by focusing on productivity, transparency and quality of service providers. They are driven by 4 pillars i.e. people, process, technology and platform.
They run their brokerage business in name of Homesfy and is well partnered by mymagnet platform. Homesfy have grown with proven track record and hence has enabled them to build customer service standards that drive the rapid and sustainable growth of mymagnet platform. Also, they have more than 9 years of experience of enabling housing transactions through Homesfy.
They have established and currently maintain 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 their business.
Homesfy Realty IPO – Financial Statements
A quick look into the past financial performance of the company to understand its performance of the business and evaluate the growth prospectus:
Financial Summary:
| Amount (in INR & Lakh) | ||||
| 30-Jun-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Total Assets | 1,948.61 | 1,718.99 | 1,224.23 | 793.63 |
| *Total Revenue | 1,239.34 | 3,039.93 | 1,475.92 | 1,193.10 |
| Total Expense | 1,052.62 | 2,590.00 | 1,208.86 | 1,063.65 |
| Profit After Tax | 138.51 | 318.41 | 199.14 | 91.35 |
Earnings per Equity Share (in Lakh)
| 30-Jun-22 | 31-Mar-22 | Mar-21 | 31-Mar-20 | |
| Basic & Diluted | 277.02 | 636.82 | 398.29 | 182.69 |
Further, their PAT for the period ended on June 30, 2022, March 31, 2022, March 31, 2021, and March 31, 2020, were Rs. 138.51 Lakh, Rs. 318.41 Lakh, Rs. 199.14 Lakh and Rs. 91.35 Lakh respectively.
Homesfy Realty IPO – Promoters
The Promoter of this company is:
- MR. ASHISH PREMPRAKASH KUKREJA
List of Related Parties (Key Managerial Personnel)
- Ashish Kukreja, Managing Director
- Mukesh Kumar Mishra, Executive Director
- Sachin Tagra, Independent Director
- Jayant Chauhan, Independent Director
- Dinesh Bojwani, Independent Director
- Neha Idnany, Additional Non-Executive Director
Homesfy Realty IPO – Promoters Holding
- Pre Issue Share Holding – 71.69%
- Post Issue Share Holding – 52.80%
Homesfy Realty IPO Offer Details or Issue Details
| Particulars | No. Of Equity Shares |
| Equity Shares Offered | Up to 8,05,200 Equity Shares aggregating up to Rs.1,586.24 Lakh |
| of which: | |
| Issue Reserved for the Market Makers | Up to [●] Equity Shares aggregating up to Rs.80.38 Lakh |
| Net Issue to the Public | Up to [●] Equity Shares aggregating up to Rs.2.00 Lakh |
| Of which: | |
| Retail Investors Portion | Not less than 3,82,200 Equity Shares |
| Other than Retail Individual Investors | Not more than 3,82,200 Equity Shares |
| Equity Shares outstanding prior to the Issue | 22,50,000 Equity Shares |
| Equity Shares outstanding after the Issue | 30,55,200 Equity Shares |
Homesfy Realty IPO Issue Object
Their Company proposes to utilize the Net Proceeds towards funding the following objects:
1. Working Capital requirements of their Company;
2. To meet Issue Expenses;
3. General Corporate Purpose;
Homesfy Realty IPO – Business Strategy
- They have a highly experienced and stable management
- They have long-standing relationships with a largest Developers in India
- Efficient Transaction Process
- Service Quality
- They have a well-qualified and a highly motivated work force
Homesfy Realty IPO – Basis of Offer Price
The issue price is determined by the company in consultation with the Lead manager on the basis of the following qualitative and quantitative factors.
Qualitative factors are:
- Innovation focussed business model
- Consistent track record of profitable growth due to a scalable business model
- Established and proven track record;
- Leveraging the experience of their Promoter;
- Experienced & motivated management team and Leadership Team;
- Cordial relations with Developers, Customers and Suppliers.
- Employee Oriented Growth Culture
The relevant quantitative factors are:
| Basic & Diluted EPS | RONW (%) | NAV (Rs.) | |
| 31-Mar-22 | 636.82 | 33.37 | 1,908.17 |
| 31-Mar-21 | 398.29 | 31.33 | – |
| Mar-20 | 182.69 | 20.93 | – |
Homesfy Realty IPO: Competitive Peers
| Face Value (Rs.) | P/E | EPS (Rs.) | Return on Net Worth (%) | Total Income (Rs. in Lakhs) | |
| Homesfy Realty Limited | 10 | 0.31 | 636.82 | 33.37 | 1,239.34 |
| Listed Peers | |||||
| NA | – | – | – | – | – |
Homesfy Realty IPO Lead Managers
| Lead Managers |
| Sarthi Capital Advisors Private Limited CIN: U65190DL2012PTC238100 401, 4th Floor, Manek Plaza, 167, Vidyanagari Marg, Kalina, Santacruz (E), Mumbai – 400 098 Tel No.: +91 22 2652 8671/ 72 Email Id: compliance@sarthiwm.in Contact Person: Mr. Taher Engineer SEBI Registration No.: INM000012011 Website: www.sarthiwm.in |
Homesfy Realty IPO Registrar to offer
| Registrar to the Offer |
| Bigshare Services Private Limited CIN: U99999MH1994PTC076534 Office No S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093 Tel. No.: +91 22 6263 8200 Email: ipo@bigshareonline.com Investor Grievance E-Mail: investor@bigshareonline.com Contact Person: Mr. Babu Raphael SEBI Registration No.: INR000001385 Website:www.bigshareonline.com |
Homesfy Realty IPO – Other Details
- Statutory Auditor – Venus Shah & Associates, Chartered Accountants
- Legal Counsel to the Company – Advocate Shilpa S Choudhary
- Bankers to the Company – NA
Homesfy Realty IPO Review by Stock Brokers
| Top Stock Brokers Review | Company Reputation | Competitive Edge | Financial Statement | Popularity Index | Promoters Reputation |
| Angel Broking | 7.5/10 | 7.4/10 | 8.5/10 | 8.1/10 | 7.1/10 |
| Sharekhan | 7.2/10 | 7.1/10 | 8.6/10 | 8.1/10 | 7.2/10 |
| Kotak Securities | 7.3/10 | 7.5/10 | 8.4/10 | 8.1/10 | 7.3/10 |
| ICICI Direct | 7.3/10 | 7.3/10 | 8.7/10 | 8.1/10 | 7.1/10 |
| IIFL | 7.5/10 | 7.2/10 | 8.8/10 | 8.0/10 | 7.1/10 |
| Edelweiss | 7.5/10 | 7.4/10 | 8.4/10 | 8.3/10 | 7.2/10 |
| Zerodha | 7.4/10 | 7.1/10 | 8.5/10 | 8.1/10 | 7.0/10 |
| 5Paisa | 7.1/10 | 7.1/10 | 8.4/10 | 8.1/10 | 7.1/10 |
| Karvy | 7.4/10 | 7.3/10 | 8.2/10 | 8.1/10 | 7.1/10 |
| Motilal Oswal | 7.1/10 | 7.1/10 | 8.6/10 | 8.3/10 | 7.2/10 |
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Homesfy Realty Limited IPO News
News 1 – IPO DRHP Download
News 2 – IPO RHP Prospectus Download
Homesfy Realty IPO Review FAQs
Check out various FAQs related to Homesfy Realty IPO:
What is the Issue Size of Homesfy Realty IPO?
The Company is making an initial public offer of 805,200 equity shares. They vividly portray the aspects of the issue in this article. You can check the stats on the fresh issue, Offer for sale, and the net issue.
What is the Price band of Homesfy Realty IPO?
The price band for this particular IPO ranges between Rs 197. As far as the face value of the share is of concern, it is Rs.10 per share.
What is the Homesfy Realty IPO Open Date?
The opening and closing dates for this IPO have been updated. The IPO is set to open on Dec 21, 2022, while the closing date is set at Dec 23, 2022.
What is the Homesfy Realty IPO Allotment Date?
They also have the news regarding the respective allotment dates of this IPO. Basis of Allotment finalization is on Dec 28, 2022, refund initiation is on Dec 29, 2022, credit of shares is on Dec 30, 2022, and share listing date is on Jan 2, 2023.
What is the Homesfy Realty IPO Listing Date?
Shares of this company shall be listed in the exchanges Jan 2, 2023. The date, when the listing would be done, is stagnant on Jan 2, 2023.
Who is the Registrar of Homesfy Realty IPO?
One of the reputed registrars is managing the issue of this IPO, i.e. Bigshare Services Private Limited. Their website will help you regarding the further information you are on the lookout for.
Who is the Promoter of Homesfy Realty IPO?
Here are the promoters of this IPO – NA. You can refer to the RHP for further information on the promoter. You will find the link to RHP in the article.
What is GMP of Homesfy Realty IPO?
They have obtained the GMP of this IPO and it is NA. Further insights of Kostak rate and subject to sauda or SS are as well included in this report.
Is Homesfy Realty IPO good for Investment?
They have further provided the financial status of the company in this article, from the past few years. You can refer to the same, and also check the line of operations they are into and then decide to invest in the IPO.
What is the PAT of Homesfy Realty Company?
They have the information of company financials, and according to that, they have the figures from the last few years to provide. PAT for the financial year 2022 in Lakh is 318.41, 2021 is 199.14, 2020 is 91.35. PAT from Jun 2022 is 138.51.
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