IPO

IPO Synopsis

B-Right RealEstate Ltd
  • Registered Office: 702 7thFloor Shah Trade Centre,Rani Sati Marg Malad East, Mumbai - 400097, Maharashtra, India. Phone : 91-22-4603-5689   Fax:
  • Email : info@b-rightgroup.com
  • Website :www.b-rightgroup.com
Public issue of 28,99,200 equity shares of face value of Rs. 10.00 each ("Equity Shares") of B-Right Realestate Limited (the "Company" or the "Issuer") for cash at a price of Rs. 153.00 per equity share including a share premium of Rs. 143.00 per equity share (the "Issue Price") aggregating to Rs. 44.36 crores (the "Issue") of which 1,45,600 equity shares of face value of Rs. 10.00 each for cash at a price of Rs. 153.00 per equity share including a share premium of Rs. 143.00 per equity share aggregating to Rs. 2.23 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 27,53,600 equity shares of face value of Rs. 10.00 each at a price of Rs. 153.00 per equity share including a share premium of Rs. 143.00 per equity share aggregating to Rs. 42.13 crores (the "Net Issue"). The issue and the net issue will constitute 28.06% and 26.65 % respectively of the post issue paid up equity share capital of the company. The face value of the equity share is Rs. 10.00 and the issue price is 15.3 times of the face value of the equity shares.
Issue
Opens On Closes On
30-Jun-22 05-Jul-22
Money Payable On
Application Allotment
153.00 0.00
Minimum Application for shares in Nos : 800 Further Multiples of : 800
Cr Lead Managers to the Issue
Project Cost (.Cr) 43.76 Gretex Corporate Services Ltd
Project Financed through Current Offer (.Cr) 44.36  
Post Issue Equity Share Capital (.Cr) 10.33
Issue Price () 153.00
Projects
Working Capital Requirements
General Corporate Purposes
Promoted By
Blow Sales LLP
Cheerful Dealtrade LLP
Listing At
BSE - SME
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd