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  1. Rustomjee Founders and Board of Directors are Mr. Boman R. Irani, Mr. Chandresh Mehta & Mr. Percy Chowdhry. They have driven Rustomjee to be the leading and respected real estate builders in Mumbai.

    • Customers Speak

      1. Rustomjee Parishram is a lifelong love affair with fine...

    • Our Partners

      The founder of the Della Group, Jimmy Mistry has donned many...

    • Upcoming Projects

      About Us Established in 1995, Rustomjee has transformed the...

    • 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.
  2. Mr. Boman Rustom Irani The Chairman and the Managing Director of the group, heads Rustomjee. Mr. Irani, an engineer with experience and knowledge in international trade, is a first generation developer and an entrepreneur.

  3. Jun 13, 2022 · The offer for sale comprises equity shares up to ₹ 75 crore by Boman Rustom Irani, up to ₹ 37.5 core by Percy Sorabji Chowdhry and up to ₹ 37.5 crore by Chandresh Dinesh Mehta. Axis Capital...

  4. Jun 13, 2022 · Promoter Boman Rustom Irani will be offloading shares worth up to ₹75 crore as part of the OFS. Promoters Percy Sorabji Chowdhry and Chandresh Dinesh Mehta will be selling shares worth...

  5. Jun 13, 2022 · The offer for sale comprises equity shares of up to Rs 75 crore by Boman Rustom Irani, up to Rs 37.5 crore by Percy Sorabji Chowdhry and up to Rs 37.5 crore by Chandresh Dinesh Mehta.

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  7. Jun 13, 2022 · The OFS comprises sale of equity shares worth up to Rs 75 crore by Boman Rustom Irani and stocks to the tune of Rs 37.5 crore each by Percy Sorabji Chowdhry and Chandresh Dinesh Mehta. The company proposes to utilize the net proceeds towards payment of debt, funding acquisition of future real estate projects and general corporate purposes.