Keystone Realtors Ltd - 543669 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Please find attached herewith Monitoring Agency Report for the Q3FY24 as received from Monitoring Agency In compliance with Regulation 32(6) of the Regulation the Monitoring Agency confirmed that there is no deviation in utilisation of the IPO proceeds as stated in the Object. Q3FY24 Quarterly & 9MFY24 Result Announced for Keystone Realtors Ltd.
Realty company Keystone Realtors announced Q3FY24 & 9MFY24 results: Pre-Sales during Q3FY24 is Rs 6.16 billion (up 101% QoQ) & Rs 14.23 billion for YTD Q3FY24 (26% YoY) Collection during Q3FY24 is Rs 4.52 billion & Rs 15.33 billion for YTD Q3FY24 (32% YoY) Launched 4 projects with an estimated GDV of ~Rs 22.4 billion in 9MFY24 Added 5 projects having an estimated GDV of ~Rs 51 billion in 9MFY24 Completed 6 RERA projects having a construction area of 3.36 mn sqft in 9MFY24 Generated Operating Cash Flow (OCF) of ~Rs 3.55 billion in 9MFY24 representing a YoY growth of 27% Commenting on the company’s performance, Boman Irani, Chairman and Managing Director, Keystone Realtors, said, “For Q3FY24, the company has demonstrated good progress in terms of Pre-Sales, new project additions and new launches. We are thankful to all our stakeholders for their continued support and trust in us. "In Q3FY24, Rustomjee Group delivered a remarkable performance, achieving a substantial increase in Pre-Sales, which rose to Rs 6.16 billion, showcasing a remarkable 101% QoQ increase. Looking ahead, we estimate a sustained growth trajectory in Pre-Sales, fueled by our robust launch pipeline and the unwavering trust of our customers. Beyond the numbers, our commitment to excellence is evident in every facet of our operations. This financial Year has witnessed the launch of four projects, each meticulously curated to meet the diverse needs of our discerning customers. Moreover, the addition of five new projects in this year underscores our strategic focus on expanding our footprint and venturing into promising geographies. These projects, with an estimated GDV of ~Rs 51 billion which surpassed acquisition done in previous year, reflect our dedication to creating spaces that transcend traditional notions of living. The fact that most of these projects are redevelopment projects further strengthens our position as redevelopment developers. Additionally, the inclusion of 2-3 large projects in the Aspirational/Mid and Mass segments reflects a continued focus on these specific market segments. In the realm of completions, we take pride in having delivered six RERA projects in 9MFY24. This not only indicates our operational efficiency but also signifies the fulfillment of promises made to our homebuyers. As we navigate the growing dynamic real estate landscape, our focus remains steadfast on customer satisfaction, quality construction, and sustainable growth. With the promising launch pipeline, we are poised for an exciting journey ahead, creating value for our stakeholders and contributing to the vibrant tapestry of urban living." Result PDF Keystone Realtors Ltd - 543669 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press release for Q3 FY24 attached Keystone Realtors Ltd - 543669 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation for Q3 FY24 attached Keystone Realtors Ltd - 543669 - Submission Of Unaudited Financial Results - Limited Review (Consolidated And Standalone) Of The Company For The Quarter And Nine Months Ended December 31, 2023
Pursuant to Regulation 33 read with Regulation 30 and Schedule III of SEBI (LODR), Regulations, 2015, please find enclosed copy of the unaudited financial results- limited review (consolidated and standalone) of the Company along with Limited Review Audit Report for the quarter and nine months ended December 31, 2023. Keystone Realtors Ltd - 543669 - Board Meeting Outcome for Intimation Of Outcome Of Board Meeting Held On January 30, 2024
We wish to inform you that the Board of Directors of the Company, at its meeting held today i.e. January 30, 2024, has inter alia approved: A) Submission of Unaudited Financial Results - Limited Review (Consolidated and Standalone) of the Company for the quarter and nine months ended December 31, 2023 B) Fund Raising C) Scheme of Amalgamation of Key Fortune Relators Private Limited ('Transferor Company'), a wholly owned subsidiary of the Company, with the Company and their respective shareholders ('Scheme 1') D) Scheme of Amalgamation of Kingmaker Developers Private Limited ('KDPL'), a wholly owned subsidiary of the Company, with Real Gem Buildtech Private Limited ('RGBPL'), a wholly owned subsidiary of KDPL and their respective shareholders ('Scheme 2') Keystone Realtors Ltd - 543669 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Allotment of 5050 Equity Shares under Rustomjee Employee Stock Option Plan 2022 Keystone Realtors Ltd - 543669 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
with reference to the captioned subject, the Earning call is scheduled to be held on Tuesday, January 30, 2024 at 4:00 pm (IST) for discussion of un-audited (Limited Reviewed) Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended December 31, 2023
Keystone Realtors bags re-development project in Mumbai; share price rises 2%
The project, which is expected to be launched in next calendar year, is a redevelopment that is expected to lead to a sale potential of ~3,42,000 sq. ft. of RERA carpet area with an expected Gross Development Value (GDV) of ~ Rs 1,200 crore. Keystone Realtors Ltd - 543669 - Board Meeting Intimation for Intimation Of Board Meeting
Keystone Realtors Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/01/2024 ,inter alia, to consider and approve a) Approve the un-audited standalone and consolidated financial results of the Company for the quarter and nine months ended December 31, 2023; b) Proposal for enabling raising of funds by way of issuance of equity shares, eligible securities or any other securities through inter alia, a private placement or through one or more Qualified Institutions Placements or further public issue of equity, debt securities, preferential issue or a rights issue or through any other permissible mode and/or combination thereof, subject to approval of the Shareholders and such other statutory /regulatory approvals, if applicable;