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B Right Realestate Limited Logo

B Right Realestate Limited

Jun 30, 2022 – Jul 05, 2022
Listed Price:
₹155.00
(+1.31%)
Price Band₹153 - ₹153
Lot Size800 Shares
Allotment DateJul 10, 2022
Listing DateJul 13, 2022
Subscription1.21 Times
Issue Size₹44.36 Cr

IPO Details

Subscription

lot distribution

Lot Distribution

reservation

Reservation

company financials

Company Fin.

₹0
(0.00%)

Premium (ELP)

B Right Realestate Limited's successfully completed its Initial Public Offering and commenced trading on Jul 13, 2022 at the BSE exchange. The company raised 28,99,200 Shares through this public offering, comprising 28,99,200 Shares in fresh capital.

The IPO was priced within the band of ₹153 to ₹153, with minimum application lots of 800 shares. The offering attracted significant investor interest during its subscription period from Jun 30, 2022 to Jul 05, 2022.

Share allotment was finalized on Jul 10, 2022, distributing equity to successful applicants. The stock's subsequent listing marked a significant milestone in the company's corporate history, providing public market liquidity to shareholders.

B Right IPO Details
IPO Date
:
Jun 30, 2022 to Jul 05, 2022
Allotment Date
:
Jul 10, 2022
List Date
:
Jul 13, 2022
Lot Size
:
800 share
Issue Price
:
₹153 - ₹153
Issue Size
:
28,99,200 (aggregating up to 44.36 Cr)
Fresh Issue
:
28,99,200 (aggregating up to 44.36 Cr)
Offer For Sale
:
-
Listing At
:
BSE
Share Holding Pre-Issue
:
74,32,000
Share Holding Post-Issue
:
1,03,31,200
Market Marker Portion
:
1,45,600
First time applying for an IPO? Read our guide on How to Apply for an IPO & Bidding Timings.
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Shares28,99,200
Market Maker
5.02%(1,45,600)
HNI
47.49%(13,76,800)
RETAIL
47.49%(13,76,800)
Total
100.00%(28,99,200)
B Right IPO Key Performance Indicators
Want to understand how to evaluate these metrics? Read our guide on IPO Key Performance Indicators (KPIs).
Company Financials (In Lakhs)
B Right IPO About Company

B Right Realestate Limited is a construction and real estate development company focusing on residential and commercial projects, dedicated to delivering high-quality developments through its in-house expertise. The company operates through multiple subsidiaries and step-down subsidiaries, including B-Right RealEstate Ventures LLP, BRV Leasing Andheri LLP, B-Right Realty Lonavala LLP, B-Right Housecon LLP, B-Right NY Esqure LLP, Jaliyan B-Right Developers LLP, B-Right Sejal Developers LLP, Darc Realty LLP, D.M. Realtors, Siddhivinayak Developers Kurar, and Parth Construction.

Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."

✅B Right IPO Strength Factors
  1. Established Real Estate Brand : Well-recognized and trusted presence in the property development sector.
  2. Experienced Management Team : Guided by skilled leaders with deep industry knowledge.
  3. Scalable Construction Model : Delivering high-quality projects while supporting business growth and expansion.
⚠️B Right IPO Risk Factors

NA

🏦B Right IPO Lead Manager(s)
Gretex Corporate Services Limited
👤B Right IPO Promoter(s)
  1. Blow Sales LLP
  2. Cheerful Dealtrade LLP
🏢B Right IPO Company Details

B Right Realestate Limited

Phone:+91 22 4603 5689
address:702, 7th Floor, Shah Trade Centre, Rani Sati Marg, Malad East, 400097, Mumbai
📋B Right IPO Registrar

Purva Sharegistry India Private Limited

Name:Purva Sharegistry India Private Limited
Phone:+91-022-23018261
❓B Right IPO FAQs
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