IPO Review: Keystone Realtors Ltd
Moneylife Digital Team 15 November 2022
Keystone Realtors Ltd (KRL), a real estate developer operating in the Mumbai Metropolitan Region (MMR), markets its properties under the ‘Rustomjee’ brand and claims to have had an average market share of 28% in Khar, 23% market in Juhu, 11% in Bandra (East), 14% in Virar, 3% in Thane and 5% in Bhandup, in terms of absorption (in number of units) from 2017 to 2021. By Q1FY22-23, it had 32...
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