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Homesfy Realty IPO GMP, Price, Dates & Allotment Details 2022

Homesfy Realty IPO GMP, Price, Dates & Allotment Details 2022

Homesfy Realty IPO opens on December 21 and closes on December 23, 2022. According to the DRHP filed in SEBI, the company is planning to raise about ₹15.86 crore through this public issue.

It was incorporated on May 6, 2011, with its headquarters in Thane, Maharashtra. The company is engaged in providing real estate broking services to real estate developers, retail buyers and  sellers, and investors for residential and commercial space.
Homesfy Realty Ltd. deals in newly constructed properties and plotting projects, whereby he assists the real estate developers in selling and potential customers in purchasing the properties. The company  operates its own business through direct selling from its in-house sales team and Direct Selling Agent listed on mymagnet  platform for referral services.


Company brokerage is a combination of both offline and online presence, allowing agents on company platforms to effectively hone deeper market expertise, generate leads, and win trust from customers.
In order to better serve their customers, they have developed and are currently maintaining a network of 7 offices spread across Mumbai, Pune, Noida, and Bangalore. These offices primarily handle sales, marketing, and payment collecting for the company. Currently, the company generates 80.00% of its revenue via direct selling and the remaining 20.00% via the MyMagnet platform.

Objects of the Issue

The company proposes to utilise the Net Proceeds of the Fresh Issue towards funding the following objects:

  1. Working Capital requirements of the Company.
  2. To meet Issue Expenses.
  3. General Corporate Purpose.

Financial Highlights (Restated)

ParticularsPeriod ended on 30th June 2022FY 2021-22FY 2020-21FY 2019-20
Net Worth1083.96945.45627.04427.89
Total Assets1948.611718.991224.23793.63
Total Revenue1239.343039.931475.931193.10
Profit After Tax138.51318.41199.1491.35
Total Borrowing21.3622.3200
(Amount in ₹ Lakhs)

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Homesfy Realty IPO – Details

According to the DRHP filed in SEBI, the company is planning to raise about ₹ 15.86 crore through this public issue.

Issue TypeFixed Price Issue IPO
IPO Price₹ 197 per share
Face Value₹ 10 per share
Market Lot600 shares
Issue Size805,200 shares of ₹ 10 (Aggregating up to ₹ 15.86 Crore)
Fresh Issue805,200 shares of ₹ 10 (Aggregating up to ₹ 15.86 Crore)
NII (HNI) Shares Offered50% of the Net Offer
Retails Shares Offered50% of the Net Offer
Listing AtNSE SME
PromotersMr. Ashish Kukreja

GMP – Homesfy Realty IPO

Homesfy Realty IPO GMP or Grey Market Premium are available here. The IPO GMP Premium updated day by day for IPOs running period and the GMP rates fluctuate and became stable some time later. The GMP rates are not 100% guaranteed. Please click here for GMP details.

Tentative Dates – Homesfy Realty IPO

Homesfy Realty IPO opens on December 21 and closes on December 23, 2022.

Opening DateDecember 21, 2022
Closing DateDecember 23, 2022
Basis of AllotmentDecember 28, 2022
Initiation of RefundsDecember 29, 2022
Credit of shares to Demat A/cDecember 30, 2022
Listing DateJanuary 2, 2023

Lot Size – Homesfy Realty IPO

The Homesfy Realty IPO lot size is 600 shares. A retail-individual investor can apply for up to 1 lot i.e. 600 shares of ₹ 118,200.

ApplicationsLotsSharesAmount 
Retail (Minimum)1600₹ 118,200
Retail (Maximum)1600₹ 118,200
HNI (Minimum)21,200₹ 236,400

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Promoters Holdings – Homesfy Realty IPO

Pre-issue Shares Holdings71.69%
Post-issue Shares Holdings52.80%

SWOT Analysis – Homesfy Realty IPO

STRENGTHSWEAKNESSES
1. Company has long-standing relationships with the largest Developers in India.
2. Efficient Transaction Process Service.
3. Quality Well-qualified and a highly motivated workforce 
1. Dependency on Real Estate Developers and Real Estate Brokers to provide company services to customers.
2. Outstanding legal proceedings against the company, its promoters and directors, Group companies and subsidiaries.
3. The demand for real estate assets is subject to seasonal fluctuations in property values.
OPPORTUNITIESTHREATS
1. Economic growth and a rapidly growing urban population is expected to increase the demand for residential and commercial buildings brokers, during the forecast period. 
2. The increasing number of rural residents migrating into cities is resulting in increasing demand for access to affordable housing and commercial spaces. This provides a significant opportunity for real estate service providers to improve housing, retail and other commercial services.
3. The real estate agency and brokerage market is expected to reach $1,912.99 billion in 2026 at a CAGR of 9.2%.
1. Significant competition from Indian companies and local brokers.
2. Disruptions in company information technology systems or breaches of data security.
3. Change in technology.

Miscellaneous Information

Download Prospectus (PDF)IPO DRHP
IPO RHP
Company Contact InformationHomesfy Realty Limited
1602, 16th Floor, Dev Corpora Near Cadbury Junction, Thane-400601, Maharashtra
Phone: +91 22 4971 0264
Email: [email protected]
Website: https://www.homesfy.in/
IPO RegistrarBigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
IPO Lead Manager(s)Sarthi Capital Advisors Private Limited   

FAQ’s

One lot of Homesfy Realty IPO contains 600 shares of ₹ 118,200.

The minimum investment size is one lot for retail investors.

The finalization of Basis of Allotment for Homesfy Realty IPO will be done on December 28, 2022, and the allotted shares will be credited to your demat account by December 30, 2022. Check the Homesfy Realty IPO allotment status.

Customers need to log in to their accounts to check Homesfy Realty IPO allotment status.

When checking the allotment status, keep your application, DP ID, and PAN number ready.

The Homesfy Realty IPO shares listing date is January 2, 2023.

The investors’ portion for NII (HNI) – 50%, and Retail – 50%.

Click here for more FAQs.

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