
Real Estate / Construction · BSE
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.
Price Band
₹153
Issue Size
₹44.36 Cr
Lot Size
800 shares
GMP
Est. Listing
₹153
at current GMP
Subscribed
1.21x
overall
Open
30 Jun 2022
Close
5 Jul 2022
Allotment
10 Jul 2022
Refund
11 Jul 2022
Demat Credit
12 Jul 2022
Listing
13 Jul 2022
Designated Registrar: Purva Sharegistry India Private Limited
Allotment Date
10 Jul 2022
Basis finalization
Refunds Initiate
11 Jul 2022
Mandate release
Demat Credit
12 Jul 2022
Shares in demat
Listing Debut
13 Jul 2022
Trading begins
B Right Realestate Limited is bringing an initial public offering (IPO) in the Real Estate / Construction sector with an aggregate issue size of ₹44.36 Crores. The shares are offered at a price band of ₹153 to ₹153 per equity share on BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 800 shares (approx. ₹1,22,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Purva Sharegistry India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-07-12, while un-allotted funds or UPI block mandates will be released on 2022-07-11.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.