Homesfy Realty was incorporated on May 06, 2011. The company is engaged in providing real estate broking services to real estate developers, retail buyers/sellers and investors for residential and commercial space.
| Bidding Dates |
|---|
| 21 Dec 2022 - 23 Dec 2022 |
| Subscription |
|---|
| 21.66x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,18,200 | 1 | 1 | 600 | 805.2 K | ₹197 | 73.64 % | ₹158.6 M | RHP DOC |
Homesfy Realty IPO SUBSCRIPTION STATUS
23 Dec '22Homesfy Realty IPO overall subscription rate was 21.66 times the total available shares
Homesfy Realty IPO retail subscription rate was 16.51 times in the retail segment
Homesfy Realty IPO non-institutional investor subscription rate was 26.81 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
23 Dec 2022 (Day 3) | 16.51x | 26.81x | - |
22 Dec 2022 (Day 2) | 5.09x | 1.73x | - |
21 Dec 2022 (Day 1) | 1.85x | 0.82x | - |
Homesfy Realty FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| Q1FY23 | 13.9 | 123.9 | 1.5 | 1.3 | 15.7% |
| FY22 | 31.8 | 303.1 | 14.2 | 11.3 | 15.0% |
| FY21 | 19.9 | 147.3 | 1.7 | 1.5 | 18.5% |
| FY20 | 9.1 | 119.0 | 0.1 | 0.0 | 11.5% |
Homesfy Realty IPO SUBSCRIPTION STATUS DETAILS
Homesfy Realty had 805.2 K shares on offer
Homesfy Realty IPO offer price was ₹197
Homesfy Realty IPO minimum Investment was ₹118200
Homesfy Realty IPO issue size was ₹ 158.6 M
Homesfy Realty had a minimum lot size of 600 Shares per application
Homesfy Realty NUMBER OF SHARES ON OFFER
Homesfy Realty IPO IMPORTANT DATES
| Issue Open Date | 21 Dec 2022 |
| Issue close Date | 23 Dec 2022 |
| Allotment Date | 28 Dec 2022 |
| Refund Date | 29 Dec 2022 |
| Demat Account Credit Date | 30 Dec 2022 |
| Listing Date | 02 Jan 2023 |
| Listing on Exchange(s) | NSE |
| Homesfy Realty Allotment Status | Exchange |
Homesfy Realty IPO subscription opened on 21 Dec 2022, and closed on 23 Dec 2022
IPO allotment for Homesfy Realty was finalized on Wednesday, 28 Dec 2022
IPO listing for Homesfy Realty was on NSE on Monday, 02 Jan 2023
Homesfy Realty IPO LISTING GAINS
| Issue Price (adjusted) | 197.0 |
| Listing Open Price | 275.1 |
| Listing Close Price | 287.9 |
| Listing Gain% | 39.6% |
| Current Gain% | -39.6% |
Homesfy Realty Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Homesfy Realty Ltd. | 119 | 36.4 | -1.9 | 0 | 0.9 | -69 | -47.6 | 42 | -30.1 | -20.5 | -1589.8 | -63.5 | -1510.8 |
| DLF Ltd. | 642 | 158915 | 35.7 | -41.3 | 23.5 | 9.7 | 5.9 | 9816 | 9.1 | 4414.7 | 1.1 | 18 | -0.9 |
| Lodha Developers Ltd. | 1218.7 | 121763.9 | 29.5 | 0.8 | 6.7 | 14.7 | 5.8 | 17119.5 | 20.8 | 3428.2 | 24 | 41.3 | 39.2 |
| Prestige Estates Projects Ltd. | 1584.8 | 68262.1 | 59.9 | 0.5 | 5.2 | 7.3 | 1.6 | 13195.5 | 70.6 | 1195.5 | 155.7 | 26.4 | 115.9 |
| Phoenix Mills Ltd. | 1895.5 | 67795.2 | 53 | 1.8 | 14.9 | 11.1 | 5.4 | 4593.6 | 15.9 | 1223.8 | 24.3 | 35.8 | 29 |
| Oberoi Realty Ltd. | 1775 | 64539.4 | 24.5 | 0.9 | 10.2 | 14 | 9.9 | 6304.3 | 15.2 | 2507.4 | 12.7 | 72.3 | 27.5 |
Homesfy Realty INFORMATION ON IPO ISSUE
About Homesfy Realty
Homesfy Realty was incorporated on May 06, 2011. The company is engaged in providing real estate broking services to real estate developers, retail buyers/sellers and investors for residential and commercial space.
Object of the Issue
- Working capital requirements of the company
- To meet issue expenses
- General corporate purpose
Homesfy Realty - PROMOTERS
| Name |
|---|
| Ashish Premprakash Kukreja |
Homesfy Realty Lead Manager of the Issue
Sarthi Capital Advisors Private Limited
compliance@sarthiwm.in
Homesfy Realty Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Homesfy Realty Strengths
Highly experienced and stable management
The company has a strong management team with a proven track record of innovations and execution
Long-standing relationships
The company has strong relationships with large real estate developers in India as a result of efficient, transparent and effective services to home buyers and developers
Efficient transaction process
The company has defined an effective and standardised transaction process through a proprietary CRM system that enables agents to enhance efficiency and service quality through productivity tools and commission distribution
Wide network
The company has established a wide network of offices to support and augment the sales and client management
Homesfy Realty Risks
Significant competition
The company faces significant competition in business from Indian companies and local brokers and it may be unsuccessful in competing against current and future competitors
Limited operating history
The company has a limited operating history and may be subject to risks inherent in early-stage companies
Geographic concentration
The company relies on major cities like Mumbai and Bengaluru for sales and any adverse economic, social and/or political conditions affecting the market may materially and adversely affect business
Legal proceedings
The company, its promoters, its directors, group companies and subsidiaries are involved in certain legal proceedings
IPO FAQs
The promoter of the company is Ashish Premprakash Kukreja.
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 197.0 - 197.0.
The IPO application opens on Dec 21, 2022 and closes on Dec 23, 2022.
The minimum lot size for the IPO is 600. The maximum lot size for the IPO is 600.
For all category investors, the minimum application amount for this IPO is Rs. 118,200.0, the maximum value for this IPO is Rs 118,200.0.
This IPO will be allotted on Dec 28, 2022.
The refund will be credited to your account on Dec 29, 2022.
The allotted shares will be credited to your demat on Dec 30, 2022.
Homesfy Realty Ltd.’s shares listed on the stock exchanges on Jan 02, 2023.