IPO Issue Details
Issue Price / Price Band₹197 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size600 Shares per Lot
Total Issue Size8,05,200 shares (aggregating up to ₹15.86 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenWed, 21 Dec 2022
Subscription CloseFri, 23 Dec 2022
Anchor AllotmentTue, 20 Dec 2022
Basis of AllotmentWed, 28 Dec 2022
Initiation of RefundsThu, 29 Dec 2022
Credit of Shares to DematFri, 30 Dec 2022
Listing DateMon, 02 Jan 2023
UPI Mandate Deadline2022-12-23
Application & Investment Details
Retail — Min (1 Lots)₹1,18,200 — 600 shares
Retail — Max (13 Lots)₹1,536,600 (13 Lots)
HNI — Min (2 Lots)₹2,36,400 — 1,200 shares
P/E Ratio (Pre-IPO)10.87x
Net Offer to Public7,64,400 shares (aggregating up to ₹15.06 Cr)
Reserved for Market Maker40,800 shares (aggregating up to ₹0.8038 Cr)
Pre-IPO Promoter Holding22,50,000 shares
Post-IPO Promoter Holding30,55,200 shares
About Homesfy Realty Ltd.
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 managementThe company have long-standing relationships with the largest Developers in IndiaEfficient Transaction ProcessService QualityThe company have a well-qualified and highly motivated workforceThe company have established a wide network of offices to support and augment our sales and client managementThe company have the technological expertise for the improvement and development of a product portfolioGrowth through a combination of acquisitions and organic growthVisit for an extensive set of information about the company: https://www.homesfy.in/investor_corner
Objects of the Issue
Homesfy Realty Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Working Capital requirements of the Company
11.61
2
2 General Corporate Purpose
2.90
Shareholding & Lock-in
Pre-IPO Promoter Holding
22,50,000 shares
Post-IPO Promoter Holding
30,55,200 shares