Keystone Realtors Ltd announced on Tuesday, October 14, 2025, that its promoters are planning to offload a portion of their stake through an Offer for Sale (OFS). Promoters Boman Rustom Irani, Chandresh Dinesh Mehta, and Percy Chowdhry will divest up to 4,576,000 shares, which represent approximately 3.63% of the company’s total equity.
The indicative size of the OFS is valued at ₹251.7 crore. The floor price for the OFS has been set at ₹550 per share, reflecting a discount of around 10.2% compared to the last closing price of ₹612.45 on the National Stock Exchange (NSE) as of October 14, 2025. Investors will now have an opportunity to participate in the sale once the OFS opens.
Keystone Realtors remains focused on maintaining its position as a leading developer, particularly in Mumbai and the Mumbai Metropolitan Region (MMR). The company has already secured projects worth over ₹7,700 crore, surpassing its annual guidance of ₹6,000 crore, with project launches in the April-June 2025 quarter alone amounting to nearly ₹4,000 crore.
Chairman and Managing Director Boman Rustom Irani highlighted that the company plans to remain concentrated on the Mumbai and MMR markets, leveraging its understanding of local demand and redevelopment opportunities.
Additionally, Keystone Realtors aims to enter Nagpur with a small-scale project valued at ₹1,000 crore in gross development value (GDV), requiring an investment of approximately ₹22 crore, scheduled for launch either this year or early in FY27.
As of October 15, 2025, 13:04 PM, Keystone Realtors share price stood at ₹573.95, down ₹38.50 or 6.29% on the NSE. During the latest trading session, the stock moved within a day’s range of ₹572.40 to ₹590.00, opening at ₹585.00 and previously closing at ₹612.45. Trading volume for the session was recorded at 1,89,631 shares.
Over the past 52 weeks, Keystone Realtors share price has fluctuated between ₹480.05 and ₹801.05. The company currently holds a market capitalisation of ₹7,733.19 crore, reflecting its position in the small-cap realty sector.
Read more: Keystone Realtors to Raise ₹375 Crore via NCDs Amid Strong Pre-Sales Momentum
The OFS by Keystone Realtors promoters provides an opportunity for investors to acquire shares at a discounted price. While the divestment may influence short-term market sentiment, the company continues to focus on project launches, redevelopment opportunities, and strategic growth within Mumbai, MMR, and select new markets.
Keystone Realtors share price is likely to reflect these ongoing business activities and the impact of the OFS in the near term.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Oct 15, 2025, 1:40 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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