IPO Details
. Issue Size: ₹792 Crores (Fresh Issue Only)
. Price Band: ₹140 to ₹150 per share
. Lot Size: 100 shares (₹15,000 minimum investment)
. IPO Dates: July 30 – August 1, 2025
. Listing Date: August 6, 2025
. Exchanges: BSE & NSE
About the Company :
Mumbai-based developer focused on luxury redevelopment projects in western suburbs. The company reported ₹569 crore revenue and ₹227.9 crore profit in FY25.
Use of IPO Proceeds :
- Funding ongoing projects
- General corporate purposes
Notable Investors :
Celebrity and HNI investors include Shah Rukh Khan, Amitabh Bachchan, Hrithik Roshan, and Ashish Kacholia.
Market Response :
- Fully subscribed on Day 1
- Grey Market Premium (GMP): ₹32–₹37 (21%–25% expected listing gain)
This IPO has attracted strong interest from institutional and retail investors.
