Issue Open Date
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14-Nov-22
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Issue Closing Date
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16-Nov-22
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Application Money
|
100
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Allotment Money
|
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Price Band (Rs.)
|
514-541
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Minimum Bid Quantity.
|
27
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Issue Size (Shares)
|
11737521
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Market Lot
|
1
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Objective :
|
1. Repayment/ prepayment, in full or part, of certain borrowings availed by our Company and/or certain of our Subsidiaries.2. Funding acquisition of future real estate projects and general corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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|
Offered / Reserved
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Bid For
|
|
Non-Institutional Investors
|
1853113
|
5615217
|
3.03
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Qualified Institutional Buyers
|
2470816
|
9477918
|
3.84
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Retail Individual Investors
|
2470816
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9477918
|
3.84
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|
|
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Business Description
We are one of the prominent real estate developers (in terms of absorption in number of units) in the micro markets that weare present in (Source: Anarock Report). We command a market share of 28% in Khar, 23% market in Juhu, 11% in BandraEast, 14% in Virar, 3
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Promoter's Holding
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Total Share Capital
|
100121810
|
Offered to Public
|
11737521
|
Promoter's Holding (Pre-Issue)
|
96.71
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Promoter's Holding (Post-Issue)
|
86.7
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More..
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Address
|
702 Natraj M. V. Road Junction Western Express Highway Andheri East
Mumbai
,
Maharashtra
,
400069
Phone :
022-66766888
Email :
cs@rustomjee.com
Website :
www.rustomjee.com
|
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Registrar
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Link Intime India Pvt Ltd.
C 101 247 Park LBS Marg Vikhroli (West) Mumbai
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Listed at
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BSE, NSE
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Lead Manager
|
Axis Capital Ltd. Credit Suisse Securities (India) Pvt Ltd.
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Promoters
|
Boman Rustom Irani Chandesh Dinesh Mehta Percy Sobabji Chowdhry
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