
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
Overall Subscription
1.21x
Total Demand
QIB Multiplier
0.00x
Institutions & Funds
NII / HNI
1.82x
High Net-Worth
Retail (RII)
0.60x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| NIB | 1,376,800 | 2,503,200 | 1.82x |
| RETAIL | 1,376,800 | 828,800 | 0.60x |
| Total | 2,753,600 | 3,332,000 | 1.21x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 1,268 | 761 | 0.60x |
| HNIs (10L +) | 8 | 15 | 1.82x |
| HNIs (2-10L) | 39 | 71 | 1.82x |
| Total Applications | 1,315 | 847 | 0.64x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Currently, B Right Realestate Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹153 to ₹153 per equity share.
The retail lot size is 800 shares requiring a minimum application amount of ₹1,22,400. Expected listing price is ₹153 per equity share.
The B Right Realestate Limited IPO aggregate issue size is ₹44.36 Crores with an equity price band set at ₹153 to ₹153 per equity share. The retail lot size is 800 shares requiring a minimum capital outlay of approx. ₹1,22,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.21x (Retail: 0.60x, QIB: 0.00x, NII: 1.82x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Purva Sharegistry India Private Limited) and the BSE status verification website on or around 2022-07-10. Investors can verify status using PAN card or application number.
B Right Realestate Limited shares are scheduled to list on BSE on 2022-07-13.