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      • Mumbai-based Keystone Realtors Ltd, which operates under the ‘Rustomjee’ brand, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi) to raise up to ₹ 850 crore via an initial public offering (IPO).
      www.livemint.com/companies/news/keystone-realtors-files-drhp-to-raise-up-to-rs-850-crore-via-ipo-11655102205801.html
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  2. this draft red herring prospectus is not an advertisement under the real estate (regulation and development) act, 2016 and is not intended FOR INFORMING PERSONS ABOUT OUR REAL ESTATE PROJECTS OR TO INVITE ANY PERSON TO MAKE ADVANCES OR DEPOSITS IN RELATION TO ANY OF OUR REAL

  3. This is an abridged prospectus containing salient features of the Red Herring Prospectus of Keystone Realtors Limited (the "Company") dated November 5, 2022 filed with the Registrar of Companies, Maharashtra at Mumbai including any corrigendum/addendum/public

    • IPO and allotment dates. The company is looking to raise Rs 635 crore through the public issue that will close on November 16. The tentative date for the basis of allotment is November 21.
    • Price band. The price band has been fixed at Rs 514-541 a share.
    • Offer details. The offer comprises a fresh issuance of shares worth Rs 560 crore and an offer for sale (OFS) of Rs 75 crore by selling shareholders. As part of the OFS, promoter Boman Rustom Irani will sell shares worth up to Rs 37.5 crore.
    • Objectives of the issue. As per the red herring prospectus (RHP), the company will utilise the net proceeds towards funding the repayment/prepayment of borrowings to the tune of Rs 341.6 crore.
  4. Keystone Realtors Limited, a real estate developer which operates under the brand “Rustomjee”, has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”).

  5. Jun 14, 2022 · Mumbai-based Keystone Realtors Ltd, which operates under the ‘Rustomjee’ brand, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India...

  6. Aug 21, 2024 · A Red Herring Prospectus (RHP) is a preliminary document filed by a company with the Securities and Exchange Board of India (SEBI) when it intends to raise funds through an Initial Public Offering (IPO).

  7. Jun 13, 2022 · Keystone Realtors IPO: The IPO consists of fresh issue of equity shares aggregating up to Rs 700 crore and an offer-for-sale (OFS) worth Rs 150 crore by promoters, according to the draft red herring prospectus (DRHP).