B Right real-estate IPO is an integrated construction and real estate development company that primarily focuses on the construction of residential and commercial projects. It has strong in-house capabilities to deliver the best quality projects.
B Right real-estate IPO-overview
| IPO Dates | 30 June – 5 July 2022 |
| IPO Price | INR 153 per share |
| Fresh issue | 2,899,200 shares (INR 44.36 crore) |
| Offer For Sale | Nil |
| Total IPO size | 2,899,200 shares (INR 44.36 crore) |
| Minimum bid (lot size) | 800 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
B Right real-estate IPO – Tentative Dates
| IPO Offer Opening Date | 30 June 2022 |
| IPO Closing Date | 05 July 2022 |
| Finalisation of Basis of Allotment | 08 July 2022 |
| Initiation of refunds | 11 July 2022 |
| Transfer of shares to demat accounts | 12 July 2022 |
| IPO Listing Date | 13 July 2022 |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Company Overview
B Right Realestate Limited is an integrated construction and real estate development company that primarily focuses on the construction of residential and commercial projects. It has strong in-house capabilities to deliver the best quality projects.
It works with subsidiaries and stepdown subsidiaries. B-Right RealEstate Ventures LLP, BRV Leasing Andheri LLP, B-Right Realty Lonavala LLP, B-Right House Con 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 are its subsidiaries.
Strengths:
- Established brand reputation in the real estate sector.
- Experienced team of managers.
- Scalable business model and best quality construction projects.
Objects of the Issue
- Meet working capital requirements.
- General corporate purposes.
Company Financials
| Particulars | 31- March -22 | 31-March -21 |
| Total Assets | 13441.76 | 11759.76 |
| Total Revenue | 118.77 | 147.04 |
| Profit After Tax | 58.44 | 86.57 |
Company Contact Information
B Right Realestate Limited
702, 7th Floor, Shah Trade Centre, Rani Sati Marg,
Malad East, 400097, Mumbai
Phone: +91 22 4603 5689
Email: info@b-rightgroup.com
Website: http://www.b-rightgroup.com/
Registrar
Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: http://www.purvashare.com
Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
