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    Homesfy Realty IPO opens: Here's all you need to know about the SME proptech firm

    Synopsis

    The realty firm or the proptech company, which will be listed on NSE's SME platform, is looking to raise Rs 15.86 crore, which is entirely a fresh issue of 8,05,200 equity shares with a face value of Rs 10 each.The funds raised by the company will be utilized towards the working capital requirements of the company and general corporate purposes.

    Homesfy Realty IPO opens: Here's all you need to know about the SME proptech firmiStock
    The initial public offering (IPO) of Homesfy Realty kicks off for subscription today, December 21. Investors can bid for the issue till Friday, December 23. The company is selling its shares at Rs 197 apiece.

    The realty firm or the proptech company, which will be listed on NSE's SME platform, is looking to raise Rs 15.86 crore, which is entirely a fresh issue of 8,05,200 equity shares with a face value of Rs 10 each.

    The funds raised by the company will be utilized towards the working capital requirements of the company and general corporate purposes.

    Retail Investors can apply for a minimum and maximum of one lot, which is 600 shares amounting to Rs 1,18,200. On the other hand, HNI investors can apply for a minimum of two lots or 1,200 shares, amounting to Rs 2,36,400.

    Incorporated in 2011, Homesfy Realty is engaged in providing real estate broking services to Real Estate Developers, retail buyers and/or sellers, and investors for residential properties.

    The company runs its brokerage business in the name of Homesfy and is well-partnered with the mymagnet.io co-broking platform. It marks its presence in 4 cities, including Mumbai, Pune, Noida, and Bangalore.

    Homesfy has worked with preferred channel partners like Lodha, Godrej, Prestige, Dosti, Runwal, Hiranandani, Piramal, Raymond, and Mahindra. The company will make its debut on January 2, the first trading session of 2023.

    Sarthi Capital Advisors is the sole booking running manager for the issue, whereas Bigshare Services has been appointed as the registrar for the issue.

    (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of the Economic Times)



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    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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