Keystone Realtors (Rustomjee) IPO
Real Estate - Listed on 24 November 2022
Keystone Realtors (Rustomjee) IPO listing summary
Keystone Realtors (Rustomjee) (Real Estate) closed its IPO window in 2022 and listed on NSE and BSE on 24 November 2022 at an upper band issue price of Rs 541, opening at Rs 556.85 for a listing gain of +2.9% and closing day one at Rs 547 (+1.1% on closing basis). The IPO was subscribed 13.45x overall - QIB 24.41x, HNI/NII 22.78x, Retail 3.53x. The total issue size was Rs 582.56 Cr (Fresh Issue Rs 445 Cr, OFS Rs 137.56 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Keystone Realtors (Rustomjee) IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 5 | +0.92% |
| Day 4 | Rs 5 | +0.92% |
| Day 5 | Rs 5 | +0.92% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Keystone Realtors (Rustomjee) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Keystone Realtors (Rustomjee) IPO - FAQs
What was the listing gain of Keystone Realtors (Rustomjee) IPO?
Keystone Realtors (Rustomjee) IPO listed at +2.9% versus the upper issue price of Rs 541 on 24 November 2022.
How many times was Keystone Realtors (Rustomjee) IPO subscribed?
Keystone Realtors (Rustomjee) IPO was subscribed 13.45x overall. QIB portion was subscribed 24.41x, HNI / NII 22.78x and Retail 3.53x.
What was the IPO GMP for Keystone Realtors (Rustomjee)?
IPO GMP started at Rs 0 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.