Homesfy Realty IPO Analysis at Chanakyanipothi.com
the Oldest & the most Trusted Investment Blog in India. Operational since 8th December 1999, this is the Only Investment Platform in India, which has successfully completed 23 Years

Homesfy Realty Company Details

The company run brokerage business in name of Homesfy and is well partnered by mymagnet platform. It has grown with proven track record and hence has enabled it to build customer service standards that drive the rapid and sustainable growth of mymagnet platform. It has more than 9 years of experience of enabling housing transactions through Homesfy. Such elaborate industry experience has provided it with distinct insights into market strategies, business conditions, developer’s need and customer expectations, which it believes are critical for it to offer effective and practical solutions to rapidly growing property transaction market of India.

Currently it generates 80.00% of its revenue via direct selling and remaining 20.00% via mymagnet platform. It 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 its business. It believes that the customer centric and transparent transaction services offered by it are attributable by the ability to take advantage of the opportunities created by the increasing demand for real estate due to the rapid economic growth in India, the growing acceptance of new channels of real estate purchase such as tech enabled platforms, Proptech, increasing internet penetration in India has led to the revolution in Indian real estate brokerage industry enabling customers, with new experience of real time data, faster services, execution and transparent transactions. It has housed appropriate team of talented pool, technology and customer focused and service-oriented team to provide the customer with unmatched experience in the whole transaction process

For more information about the company, Click www.homesfy.in

Promoters of the IPO
MR. ASHISH PREMPRAKASH KUKREJA

Objects of the IPO:
The Company intends to utilize the Net Fresh Issue Proceeds for funding working capital requirements.

Go to Mainboard IPOs Section: Click