IPO

Mindspace Business Parks REIT IPO

Mainboard

Listed On: Aug 12, 2020 at ₹ 304

₹ 55000 /200 Shares

IPO Details

27 Jul, 2020

Open Date

29 Jul, 2020

Close Date

07 Aug, 2020

Allotment Date

12 Aug, 2020

Listing Date

Issue Price

Rs 274/- to Rs 275/- Per unit of REIT

Face Value

Rs 2/- Per Equity Share

Listing at Group

NSE, BSE

Registrar

KFIN Technologies Private Limited

List Price

304

Listing Date

2020-08-12

Market Lot

200 Units ( Rs 55,000/- )

Lead Manager

Morgan Stanley India Company Private Limited, DSP Merrill Lynch Limited,Axis Capital Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited, CLSA India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, UBS Securities India Private Limited, Ambit Capital Private Limited, HDFC Bank Limited, IDFC Securities Limited and ICICI Securities Limited

Issue Size

Total Issue of 16,36,36,363 units of Rs 274 to Rs 275 with aggregating up to Rs 4500 Cr
Fresh Issue of 3,63,63,636 units of Rs 274 to Rs 275 with aggregating up to Rs 1000 Cr
Offer for Sale of 12,72,72,727 units of Rs 274 to Rs 275 with aggregating up to Rs 3500 Cr

Retail Portion

N/A

Subscription

times

IPO Docs

RHP

IPO Details


The IPO of is priced at ₹274 - 275 per equity share, which has a face value of Rs 2/- Per Equity Share each, IPO bidding starts from Jul 27, 2020 and ends on Jul 29, 2020. The allotment for IPO will be finalized on Aug 7, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Aug 12, 2020. The company shall list its equity shares on the NSE, BSE. KFIN Technologies Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Morgan Stanley India Company Private Limited, DSP Merrill Lynch Limited,Axis Capital Limited, Citigroup Global Markets India Private Limited, JM Financial Limited, Kotak Mahindra Capital Company Limited, CLSA India Private Limited, Nomura Financial Advisory and Securities (India) Private Limited, UBS Securities India Private Limited, Ambit Capital Private Limited, HDFC Bank Limited, IDFC Securities Limited and ICICI Securities Limited.


The IPO sets its price band at 274 - 275 for each share. A single application for Mindspace Business Parks REIT IPO must contain at least 200 shares.

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IPO Subscription Details

As onQIBNII
Shares Offered / Reserved3,69,52,6003,07,93,800N/AN/A
Day 1 - 27-07-201,37,12,800 0.37 x1,22,10,000 0.40N/A xN/A x
Day 2 - 28-07-203,39,96,000 0.92 x5,67,84,000 1.84N/A xN/A x
Day 3 - 29-07-2039,21,21,600 10.61 x48,57,03,000 15.77N/A xN/A x

Valuations

Earnings Per Share (EPS)

Rs (13.08)/-

P/E Ratio

(2.04)

RoNW

(75.57)%

Net Asset Value (NAV) - Post Issue

Rs 17.30/-

Company Financials All values are in ₹ Cr.

- Promoter(s)

Company Promoter(s)
  1. Cape Trading LLP
  2. Anbee Constructions LLP

IPO - Issue Objectives

  1. Partial or full pre-payment or scheduled repayment of certain debt facilities of the Asset SPVs availed from banks/financial institutions (including any accrued interest and any applicable penalties/ premium)
  2. Purchase of NCRPS of MBPPL
  3. General purposes

IPO - FAQs

Ans. Mindspace Business Parks REIT IPO is a Mainboard IPO. The issue is priced at Rs 274/- to Rs 275/- Per unit of REIT. The minimum order quantity is 200 Shares. The IPO opens on Jul 27, 2020, and closes on Jul 29, 2020. KFIN Technologies Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Ans. The Mindspace Business Parks REIT IPO opens on Jul 27, 2020 and closes on Jul 29, 2020.

Ans. The size of Mindspace Business Parks REIT IPO is Total Issue of 16,36,36,363 units of Rs 274 to Rs 275 with aggregating up to Rs 4500 Cr Fresh Issue of 3,63,63,636 units of Rs 274 to Rs 275 with aggregating up to Rs 1000 Cr Offer for Sale of 12,72,72,727 units of Rs 274 to Rs 275 with aggregating up to Rs 3500 Cr.

Ans. The IPO price band is set between Rs 274/- to Rs 275/- Per unit of REIT.

Ans. To apply for Mindspace Business Parks REIT IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Mindspace Business Parks REIT IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Mindspace Business Parks REIT IPO is Aug 7, 2020.

Ans. The Mindspace Business Parks REIT IPO will be listed on Aug 12, 2020.

Ans. Follow the steps to check the allotment status for Mindspace Business Parks REIT IPO here.