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B Right Realestate IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Mumbai and caters to Real Estate sector. Gretex Corporate Services is the merchant banker of B Right Realestate IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th June 2022.
B Right Realestate IPO open date is 30th June 2022 and close date is 5th July 2022. IPO Allotment Date is 8th July 2022 and Listing date is 13th July 2022.
IPO
Size:
₹ 44.36 Cr.
Avg IPO Size (Sector Based)
: ₹
14.03 cr.
Sector: Real Estate
SME
IPO so far:
39
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹
1.55
cr. 
PE
Ratio:
164.52x
Average Sector PE Ratio: 20.22x
B Right Realestate IPO size is ₹ 44.36 Cr. with IPO price of ₹ 153.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the B Right Realestate IPO. Purva Sharegistry India Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for B Right Realestate IPO.
B Right Realestate IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IPO
Size:
₹ 44.36 Cr.
Avg IPO Size (Sector Based)
:
₹ 14.03 Cr.
Sector: Real Estate
SME
IPO so far:
39
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Mumbai
SME
IPO so far:
280
Revenue (annualised):
₹ 0.53 cr.
PE
Ratio:
164.52x
Average Sector PE Ratio: 20.22x
B Right Realestate IPO, based in Mumbai, operates in the Real Estate sector with a focus on integrated construction and real estate development company. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. B Right Realestate IPO size is ₹ 44.36 Cr. with fresh issue size of ₹ 44.36 Cr. and Offer for sale being ₹ Nil.
The IPO allotment date for B Right Realestate IPO is expected to be 8th July 2022, after the finalization of basis of allotment. Investors can check B Right Realestate IPO allotment status on the registrars website, Purva Sharegistry India Private Limited. B Right Realestate IPO refund dates are 11th July 2022.
B Right Realestate IPO is expected to be listed on 13th July 2022.
The upper price band for the B Right Realestate IPO is set at ₹ 153.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on B Right Realestate IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the B Right Realestate IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th July 2022. After submission, funds are blocked until the basis of allotment of B Right Realestate IPO is finalised.
The merchant banker for B Right Realestate IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the B Right Realestate IPO RHP for further details.
The registrar for B Right Realestate IPO is Purva Sharegistry India Private Limited. Investors can go to Purva Sharegistry India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to B Right Realestate IPO through their official website or helpline.
B Right Realestate IPO was subscribed 1.21 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
B Right Realestate IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on B Right Realestate Financial Review Page
Merchant Banker(s) of B Right Realestate IPO: Gretex Corporate Services Limited
B Right Realestate IPO subscription was 1.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
B Right Realestate IPO listed at a listing price of 154.00 against the offer price of 153.00.
The current market price of B Right Realestate is 383.25.
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