Business

Rustomjee Parent Keystone Realtors IPO

[ad_1]

BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.  

ICICI Direct’s IPO Report

Keystone Realtors Ltd., operating the ‘Rustomjee’ brand, is one of the prominent real estate developers in terms of absorption in number of units in the targeted micro markets.

Keystone Realtors has a diversified suite of projects across a wide range of price points having developed 20.2 million square feet of high-value and affordable residential buildings, premium gated estates, townships and various other projects.

The company has commanded market share of 28% in Khar, 23% in Juhu, 11% in Bandra East, 14% in Virar, 3% in Thane and 5% in Bhandup in terms of absorption (in units) in 2017-21.

As of June 30, 2022, Keystone Realtors had 32 completed projects, 12 ongoing projects and 21 forthcoming projects across Mumbai Metro Region.

Some of its notable projects include Rustomjee Elements, a large gated community in Upper Juhu, Mumbai; Rustomjee Paramount, a signature complex in Khar; Rustomjee Crown and a 5.75-acre land parcel for high-end development at Prabhadevi, South Mumbai.

Click on the attachment to read the full IPO report:

DISCLAIMER

This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.



[ad_2]

Source link

What is your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Comments are closed.

More in:Business