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Homesfy Realty IPO is a fixed price issue of ₹15.86 crores. The issue is entirely a fresh issue of 0.08 crore shares of ₹15.86 crore.
Homesfy Realty IPO bidding started from Dec 21, 2022 and ended on Dec 23, 2022. The allotment for Homesfy Realty IPO was finalized on Dec 28, 2022. The shares got listed on NSE SME on Jan 2, 2023.
Homesfy Realty IPO price is ₹197.00 per share . The lot size for an application is 600. The minimum amount of investment required by an individual investor (retail) is ₹1,18,200 (600 shares). The minimum lot size investment for HNI is 2 lots (1,200 shares), amounting to ₹2,36,400.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Homesfy Realty IPO RHP for detailed Information.
| IPO Date | December 21, 2022 to December 23, 2022 |
| Listing Date | January 2, 2023 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹197 per share |
| Lot Size | 600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 8,05,200 shares (aggregating up to ₹15.86 Cr) |
| Reserved for Market Maker | 40,800 shares Rikhav Securities Ltd. (aggregating up to ₹0.8038 Cr) |
| Net Offered to Public | 7,64,400 shares (aggregating up to ₹15.06 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 22,50,000 shares |
| Share Holding Post Issue | 30,55,200 shares |
Homesfy Realty IPO offers total 8,05,200 shares. Out of which 3,82,200 (47.47%) allocated to NII, 3,82,200 (47.47%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 40,800 (5.07%) |
| NII (HNI) Shares Offered | 3,82,200 (47.47%) |
| Retail Shares Offered | 3,82,200 (47.47%) |
| Total Shares Offered | 8,05,200 (100.00%) |
Homesfy Realty IPO opens on December 21, 2022, and closes on December 23, 2022.
| IPO Open Date | Wed, Dec 21, 2022 |
| IPO Close Date | Fri, Dec 23, 2022 |
| Tentative Allotment | Wed, Dec 28, 2022 |
| Initiation of Refunds | Thu, Dec 29, 2022 |
| Credit of Shares to Demat | Fri, Dec 30, 2022 |
| Tentative Listing Date | Mon, Jan 2, 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Dec 23, 2022 |
Investors can bid for a minimum of 600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 600 | ₹1,18,200 |
| Retail (Max) | 1 | 600 | ₹1,18,200 |
| HNI (Min) | 2 | 1,200 | ₹2,36,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2011, Homesfy Realty Limited is Proptech engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential properties.
The company runs its brokerage business in the name of Homesfy and is well-partnered with the mymagnet.io co-broking platform.
Homesfy Realty Limited has established and currently maintains a network of 7 offices located in 4 cities, Mumbai, Pune, Noida and Bangalore, which primarily engage in sales, marketing and payment collection activities for the business.
Homesfy brokerage business is a combination of both offline and online presence and provides real estate broking-related services through the website http://www.homesfy.in/, prospect calling, and digital advertisement platform.
The company operating model is backed by strong expertise in Digital Marketing and Operational efficiency backed by process-driven expertise, technology and automation. As of October 2022, 245 out of 380 employees were in the sales department.
Strengths:
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 31-Mar-20 | 793.63 | 1193.1 | 91.35 | 427.89 | 0 |
| 31-Mar-21 | 1224.23 | 1475.92 | 199.14 | 627.04 | 0 |
| 31-Mar-22 | 1718.99 | 3039.93 | 318.41 | 945.45 | 22.32 |
| 30-Jun-22 | 1948.61 | 1239.34 | 138.51 | 1083.96 | 21.36 |
| Amount in ₹ Lakhs | |||||
The market capitalization of Homesfy Realty IPO is ₹60.19 Cr.
| Pre IPO | Post IPO | |
|---|---|---|
| P/E (x) | 10.87 |
The objects of the Issue are:
1) Working Capital requirements of the Company.
2) To meet Issue Expenses.
3) General Corporate Purpose.
[Dilip Davda] The company is in an asset-light model business of marketing and advisory services for the realty sector. It is not doing any construction activity. Post-IPO small equity base indicates longer gestation for migration to the mainboard. Based on its current financials, the issue appears reasonably priced, and well-informed / cash surplus investors may consider investing in this IPO for a long-term reward. (Apply). Read detail review...
| Listing Date | January 2, 2023 |
| BSE Script Code | |
| NSE Symbol | HOMESFY |
| ISIN | INE0N7F01017 |
| Final Issue Price | ₹197 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹197.00 |
| Open | ₹275.05 |
| Low | ₹263.00 |
| High | ₹288.80 |
| Last Trade | ₹287.95 |
Homesfy Realty Ltd.
1602, 16th Floor,
Dev Corpora Near Cadbury Junction,
Thane-400601, Maharashtra
Thane, Maharashtra
Phone: +91 22 4971 0264
Email: cs@homesfy.in
Website: https://www.homesfy.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Homesfy Realty IPO is a SME IPO of 8,05,200 equity shares of the face value of ₹10 aggregating up to ₹15.86 Crores. The issue is priced at ₹197 per share. The minimum order quantity is 600.
The IPO opens on December 21, 2022, and closes on December 23, 2022.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Homesfy Realty IPO using UPI as a payment gateway. Zerodha customers can apply in Homesfy Realty IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Homesfy Realty IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Homesfy Realty IPO opens on December 21, 2022 and closes on December 23, 2022.
Homesfy Realty IPO lot size is 600, and the minimum amount required for application is ₹1,18,200.
You can apply in Homesfy Realty IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Homesfy Realty IPO will be done on Wednesday, December 28, 2022, and the allotted shares will be credited to your demat account by Friday, December 30, 2022. Check the Homesfy Realty IPO allotment status.
The Homesfy Realty IPO listing date is on Monday, January 2, 2023.
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