This company listed within the last twelve months, so its prospectus is still the
primary source. The figures below were extracted from the DRHP and RHP before listing and scored then,
and they are shown here as they stand in the IPO record rather than restated.
₹305
Mainboard
₹500 cr
0.0%
The business
The numbers as filed
The offer, ownership and risks
Subscription
How the book filled. A category that bid far above the rest is a different signal from a uniformly covered issue.
Reading the numbers on this pagetwo bases, both shown
What the filings we hold do not give
Models that need these lines are withheld rather than estimated: two comparable financial years. Nothing on this page is back-solved from a figure the company did not publish.
Growth & valuation workspace
Set your own assumptions and watch the numbers move. A scenario calculator — the outputs are the arithmetic of your inputs.
User-driven scenario tool. Implied value and CAGR follow only from the assumptions you set — not a FinMinutes forecast, recommendation, or target price.
Ownership & Skin in the Game
Promoter—
FII—
DII—
Real estate vitalsthe numbers this business is run on
What this sector is read on: Pre-sales value, Pre-sales area, Collections, Realisation per sq ft, Launches, Net debt, Occupancy, NOI. These come from the filings, not the market feed, and appear here once a quarter is read.
Read using the Real estate, REITs and InvITs framework(from the listed sector). Primary valuation lens: NAV for developers; distribution yield and NAV for REITs.
3 standard reads withheld or marked as expected here, and why
Inventory is land and work in progress by design.
Not a capex business.
Developers carry inventory and advances that distort its working-capital and turnover terms.
Read more closely in this sector: Pre-sales against collections · Land bought on debt · Joint development share.
Others in Construction - Real Estate
The same read, applied to the companies this one competes with.
DISCLAIMER: FinMinutes is a financial data and analytics platform, not a registered investment adviser. Everything here is for educational and informational purposes. Forensic interpretations are computed from disclosed data and are not recommendations. Do your own due diligence.