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B Right Realestate IPO Details

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B Right Realestate IPO subscription is to open on 30 June 2022 and will close on 5 July 2022, the price band of the B Right Realestate IPO is fixed at ₹ 153. B Right Realestate is an integrated construction and real estate development company. Check the B Right Realestate IPO Subscription Status & B Right Realestate IPO Allotment Status.

B Right Realestate IPO

About B Right Realestate

B Right Realestate is an integrated construction and real estate development company, focused primarily on construction and development of residential and commercial projects, in and around Mumbai.

The company has opted a business model whereby the company Invests in the subsidiary LLP named B-Right RealEstate Ventures LLP and this LLP makes investment in various SPV (Special Purpose Vehicle) which is been incorporated for a Particular project. Each Real estate project has its own SPV and such SPV is closed upon completion of the project.

Objects of the Issue

  • Working Capital Requirement
  • General Corporate Purposes

B Right Realestate Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in lakh)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 13,441.76 11,759.76 3,533.80
Total income 118.77 147.04 244.95
Total Expenses 50.52 27.53 51.79
Profit After Tax 58.44 86.57 139.43

B Right Realestate IPO Price – Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto 28,99,200 Equity Shares of ₹ 10 (aggregating up to ₹ 4,435.78 lakhs)
Issue Open  Date30-Jun-22
Issue Close Date05-Jul-22
Issue TypeFixed Price
IPO Price Band₹ 153
Face Value ₹ 10
Market Lot 800 Equity Shares and in multiples thereof
Minimum Order Quantity 800 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolBRIGHTES
IPO Market Timings 10.00 a.m. to 5.00 p.m.

B Right Realestate IPO DRHP & RHP

B Right Realestate IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1800₹ 1,22,400
Maximum1800₹ 1,22,400

B Right Realestate IPO Lead Managers

  • Gretex Corporate Services Pvt Ltd

B Right Realestate IPO Registrar

  • Purva Sharegistry (India) Private Limited

B Right Realestate IPO Allotment Date, Listing Date and other Important Dates

DetailsDates
Bid / Offer Opens on30-Jun-22
Bid / Offer Closes on05-Jul-22
Finalisation of Basis of Allotment08-Jul-22
Initiation of refunds 11-Jul-22
Credit of the Equity Shares12-Jul-22
Listing Date13-Jul-22

Company Registered Office

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702, 7th Floor, Shah Trade Centre,
Rani Sati Marg, Malad East,
Mumbai- 400097,
Maharashtra, India.
Website: www.b-rightgroup.com

Company Promoters

  • Blow Sales LLP
  • Cheerful Dealtrade LLP

B Right Realestate IPO – FAQS

What is the B Right Realestate Limited IPO Price?

The B Right Realestate Limited IPO price band is 153 per share

When B Right Realestate Limited IPO will open?

The B Right Realestate Limited IPO opens on Jun 30, 2022 and closes on Jul 05, 2022

What is the lot size of B Right Realestate Limited IPO?

The B Right Realestate Limited IPO lot size is 800 Equity Shares and the minimum order quantity is 800 Equity Shares

Who is the Registrar for B Right Realestate Limited IPO?

The Registrar for B Right Realestate Limited IPO is Purva Sharegistry (India) Private Limited

How to apply in B Right Realestate Limited IPO through UPI?

Check the step by step process here – Click here

How to apply in B Right Realestate Limited IPO through Zerodha?

Check the step by step process here – Click here

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