IPO IPO-Synopsis
B-Right RealEstate Ltd

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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 Rs10.00 each ("Equity Shares") of B-Right Realestate Limited (the "Company" or the "Issuer") for cash at a price of Rs153.00 per equity share including a share premium of Rs143.00 per equity share (the "Issue Price") aggregating to Rs44.36 crores (the "Issue") of which 1,45,600 equity shares of face value of Rs10.00 each for cash at a price of Rs153.00 per equity share including a share premium of Rs143.00 per equity share aggregating to Rs2.23 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 Rs10.00 each at a price of Rs153.00 per equity share including a share premium of Rs143.00 per equity share aggregating to Rs42.13 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 Rs10.00 and the issue price is 15.3 times of the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Jun-22 05-Jul-22 Rs153.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :800  Further Multiples of :800

  Rs Cr Lead Managers to the Issue
Project Cost 43.76
Gretex Corporate Services Ltd
Project Financed through Current Offer 44.36  
Post Issue Equity Share Capital 10.33  
Issue Price Rs153.00  
Projects
Working Capital RequirementsGeneral Corporate Purposes
Promoted By
Blow Sales LLP
Cheerful Dealtrade LLP
Listing At
BSE - SME 
Registrar to the Issue
Purva Sharegistry (I) Pvt Ltd