Homesfy Realty Limited is engaged in providing real estate broking services to Real Estate Developers, retail buyers/sellers and investors for residential and commercial space. The company deal in new constructed properties & plotting projects.
The company operate their business through direct selling from their in-house sales team and Direct Selling Agent listed on mymagnet
platform for referral services.
The company run their brokerage business in name of Homesfy and is well partnered by mymagnet platform. Currently Homesfy generate 80.00% of their revenue via direct selling and remaining 20.00% via mymagnet platform.
Homesfy Realty has established and currently maintain a network of 7 offices located in 4 cities, Mumbai, Pune, Noida and Bangalore, which primarily engage in sales, marketing and payment collection activities for the business.
Homesfy brokerage business is a combination of both offline and online presence and provides real estate broking-related services through the website www.homesfy.in, prospect calling, and platforms like Google and Facebook.
he company operating model is backed by strong expertise in lead generation backed by process-driven digital marketing expertise and automation. As of October 2022, 245 out of 380 employees were in the sales department.
Homesfy Realty IPO – Details
| IPO Opening Date | 21 December 2022 |
| IPO Closing Date | 23 December 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹15.86 Crore |
| Fresh Issue | 8,05,200 shares |
| Face Value | ₹10 per equity share |
| IPO Price | ₹197 |
| Market Lot | 600 Shares |
| Min Order | 600 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Private Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Homesfy Realty IPO – Date Schedule
| IPO Open Date | 21 December 2022 |
| IPO Close Date | 23 December 2022 |
| Basis of Allotment Date | 28 December 2022 |
| Initiation of Refunds | 29 December 2022 |
| Credit of Shares to Demat Account | 30 December 2022 |
| IPO Listing Date | 02 January 2023 |
Homesfy Realty IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 600 | 1,18,200 |
| Maximum | 1 | 600 | 1,18,200 |
Competitive Strengths
- Innovation focussed business model.
- Consistent track record of profitable growth due to a scalable business model.
- Established and proven track record;
- Leveraging the experience of our Promoter;
- Experienced & motivated management team and Leadership Team;
- Cordial relations with Developers, Customers and Suppliers.
- Employee Oriented Growth Culture.
Company Promoters
- Mr. Ashish Premprakash Kukreja
Object Of The Issue
- Working Capital Requirements.
- General corporate purpose.
- Issue Expenses.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 11.93 | 10.63 | 0.91 |
| 31 March 2021 | 14.75 | 12.08 | 1.99 |
| 31 March 2022 | 30.39 | 25.90 | 3.18 |
| 30 June 2022 | 12.39 | 10.52 | 1.38 |
Homesfy Realty IPO Promoter Holding
| Pre Issue Share Holding | 71.69% |
| Post Issue Share Holding | 52.80% |
Homesfy Realty IPO Prospectus
Company Contact Information
| Homesfy Realty Limited 1602, 16th Floor, Dev Corpora Near Cadbury Junction, Thane-400601, Maharashtra Phone: +91 22 4971 0264 Email: cs@homesfy.in Website: https://www.homesfy.in/ |
Homesfy Realty IPO Registrar
| Bigshare Services Private Limited Tel: 022 – 6263 8200 Email: ipo@bigshareonline.com Website: https://www.bigshareonline.com/ |
Homesfy Realty IPO Lead Manager(s)
| 1. Sarthi Capital Advisors Private Limited |
Homesfy Realty IPO FAQs
| What is Homesfy Realty IPO? Homesfy Realty IPO is a SME IPO. The issue is priced at ₹197 per equity share. The IPO is to be listed on NSE SME. |
| When Homesfy Realty IPO will open? The IPO is to open on 21 December 2022 for NII and Retail Investors. |
| What is Homesfy Realty IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Homesfy Realty IPO? You can apply Homesfy Realty IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Homesfy Realty IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Homesfy Realty”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Homesfy Realty IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Homesfy Realty”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Homesfy Realty IPO Size? Homesfy Realty IPO size is ₹15.86 crores. |
| What is Homesfy Realty IPO Price Band? Homesfy Realty IPO Price Band is ₹197. |
| What is Homesfy Realty IPO Minimum and Maximum Lot Size? The minimum bid is 600 Shares with ₹1,18,200 amount while the maximum bid is 600 shares with ₹1,18,200. |
| What is the Homesfy Realty IPO Allotment Date? Homesfy Realty IPO allotment date is 28 December 2022. |
| What is the Homesfy Realty IPO Listing Date? Homesfy Realty IPO listing date is 02 January 2022. The IPO is to list on NSE SME. |
