Overview

• The three-day IPO comprises 5.28 crore fresh equity shares at ₹140–150 apiece with no offer-for-sale component.
• Sixteen anchor investors received 1.58 crore shares at ₹150, raising ₹237 crore before public subscription began.
• Day One subscription saw non-institutional bids at 0.46× and retail at 0.57× of their quotas, while qualified institutional bids went unsubscribed.
• Funds raised will support luxury redevelopment projects through subsidiaries Richfeel, Dhyan Projects and Tryksha and meet general corporate needs.
• Investors can bid until August 1, with allotment on August 4 and share listings scheduled on the BSE and NSE for August 6.