Dosti Realty and Moneytree Realty Submit Confidential Pre-Filed IPO Papers to SEBI — October 1, 2026

In a dual filing that underscores the ongoing momentum in primary markets, Mumbai-headquartered developer Dosti Realty Ltd and property advisory firm Moneytree Realty Services Ltd have formally approached the Securities and Exchange Board of India (SEBI) to launch initial public offerings (IPOs) through the confidential pre-filing mechanism.

According to separate public notices issued on September 30, both companies confirmed submitting their pre-filed draft red herring prospectuses (pre-filed DRHP) to SEBI as well as the stock exchanges for proposed listings on the main boards of the BSE and NSE.

Understanding the Confidential Filing Route

The confidential pre-filing framework—governed under Chapter IIA of the SEBI (Issue of Capital and Disclosure Requirements) Regulations—enables issuing companies to seek regulatory review without exposing operational blueprints, risk assessments, or financial data to public and competitor scrutiny at an early stage:

• Operational Privacy: Comprehensive financial statements, proposed valuation bands, offer structures, and issue sizes remain undisclosed until the regulatory process reaches an advanced stage.
• Market Discretion: Issuers retain the flexibility to assess market conditions and modify or withdraw their proposed offers without creating a public record of abandoned paperwork.
• Mandatory Transition: If an issuer chooses to proceed following regulatory feedback, it must release an Updated Draft Red Herring Prospectus (UDRHP-I) to the public for a minimum 21-day public comment window before formally launching the IPO.

Profile of the Issuers

The two market entrants represent distinct parts of India's property value chain:

Dosti Realty Ltd Established in 1979, Dosti Realty brings over four decades of operating history in the Mumbai Metropolitan Region (MMR). The developer has completed and delivered more than 143 properties across residential, commercial, and mixed-use segments, maintaining a heavy concentration across Mumbai and Thane.

Moneytree Realty Services Ltd Founded in 2021, Noida-headquartered Moneytree Realty Services provides institutional and retail brokerage as well as transaction advisory services for residential and commercial real estate. Despite its recent inception, the advisory brand has expanded its footprint across northern and western markets, setting up operations in Gurugram, Lucknow, Ghaziabad, Mumbai, Pune, and Bengaluru.

Growing Corporate Adoption

The confidential route has seen steady adoption from real estate and technology players seeking capital market access without early market glare. Earlier in the month, real estate player Wadhwa Group Holdings Ltd and fintech platform AssetGro Fintech Ltd (parent company of StockGro) also tapped the confidential route to submit draft offer documents to the markets regulator. Details regarding issue size, fresh issue components, offer-for-sale (OFS) portions, and listing timelines for Dosti Realty and Moneytree Realty will only become public once their updated offer documents are officially cleared and made available for public review.

Tags: Dosti Realty Moneytree Realty Services SEBI Real Estate BSE NSE