Nexus Select Trust REIT
MainboardREIT
Listed On: May 19, 2023 at ₹ 103.0(NSE)
₹ 15000 /150 Shares
Check Allotment09 May, 2023
Open Date11 May, 2023
Close Date16 May, 2023
Allotment Date19 May, 2023
Listing DatePrice Summary
Last Closing
160.77 (60.77%)52 Week High
168.9552 Week Low
120.46Last Update
19-Dec-2025 3:30 PMNexus Select Trust REIT IPO Live Subscription Details
Nexus Select Trust REIT IPO Issue Details
- Issue Price ₹95-100 per equity share
- Face Value ₹ Per Equity Share
-
Issue Price
Approx. ₹3,200.00 Cr
#Fresh Issue: Approx. ₹1,400.00 Cr
#Offer for Sale: Approx. ₹1,800.00 Cr - Listing at BSE, NSE
- List Price 103.0(NSE)
- Listing Date 2023-05-19
-
Lead Manager
Bofa Securities India Limited
Axis Capital Limited
Citigroup Global Markets India Private Limited
Hsbc Securities & Capital Markets Pvt Ltd
Iifl Securities Ltd
Jm Financial Limited
J.P. Morgan India Private Limited
Kotak Mahindra Capital Company Limited
Morgan Stanley India Company Pvt Ltd
Sbi Capital Markets Limited - Registrar Kfin Technologies Limited
Nexus Select Trust REIT IPO Details
- Retail Portion QIB : 75% & NII : 25%
Nexus Select Trust REIT IPO Details
The IPO of Nexus Select Trust REIT is priced at ₹95-100 per equity share, which has a face value of ₹ Per Equity Share each, IPO bidding starts from May 9, 2023 and ends on May 11, 2023. The allotment for Nexus Select Trust REIT IPO will be finalized on May 16, 2023. Nexus Select Trust REIT IPO will be listed on BSE, NSE, with a tentative listing date fixed as May 19, 2023. The company shall list its equity shares on the BSE, NSE. Kfin Technologies Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Bofa Securities India Limited, Axis Capital Limited, Citigroup Global Markets India Private Limited, Hsbc Securities & Capital Markets Pvt Ltd, Iifl Securities Ltd, Jm Financial Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd, Sbi Capital Markets Limited.
The Nexus Select Trust REIT IPO sets its price band at 95-100 for each share. A single application for Nexus Select Trust REIT must contain at least 150 shares.
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Nexus Select Trust REIT IPO Subscription Analysis And Details
| As on | QIB | NII | Total | |
|---|---|---|---|---|
| Shares Offered / Reserved | 101,052,450 | Others: 84,210,600 | N/A | 185,263,050 |
|
Day 1
09-05-23 05:00 PM
|
0.16 x | 0.20 | N/A x | 0.27 x |
|
Day 2
10-05-23 05:00 PM
|
0.17 x | 1.05 | N/A x | 0.57 x |
|
Day 3
11-05-23 05:00 PM
|
4.81 x | 6.23 | N/A x | 5.45 x |
Nexus Select Trust REIT Valuations
Nexus Select Trust REIT Company Financials
| 31-Dec-22 | 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|---|
| Assets | 8,989.53 | 9,089.77 | 8,959.36 | 9,527.64 |
| Revenue | 1,498.35 | 1,398.52 | 1,047.97 | 1,708.19 |
| Profit After Tax | 257.02 | -10.95 | -199.11 | 206.74 |
About Nexus Select Trust REIT Company
Nexus Select Trust is India's leading real estate investment trust. Nexus Select Trust is India's leading consumption centre platform with 17 Grade-A best-in-class Urban Consumption Centres spread across 14 cities.
The company owns 17 Grade A urban consumption centres with a total Leasable Area of 9.8 msf, two complementary hotel assets (354 keys), and three office assets of 1.3 msf as of December 31, 2022.
The company has curated a healthy mix of tenants across sectors such as apparel and accessories, hypermarket, entertainment, and food and beverages (F&B). Nexus is also working across 50+ ESG initiatives to create a positive impact on people and the environment.
Nexus Select Trust serves across 14 cities in India including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, which constituted 30% of India's total discretionary retail spending in FY20.
Nexus Select Trust REIT - Promoter(s)
N/A
Pre Issue Share Holding : N/A%
Post Issue Share Holding : N/A%
Nexus Select Trust REIT IPO - Issue Objectives
Partial or full repayment or prepayment and redemption of certain financial indebtedness of the Asset SPVs and the Investment Entity
Acquisition of stake and redemption of debt securities in certain Asset SPVs
General purposes
The Nexus Select Trust will not receive any proceeds from the offer for sale and the proceeds received will not form part of the net proceeds.
Nexus Select Trust REIT IPO - Anchor Investors
Nexus Select Trust raises Rs 1,440 crore via anchor book ahead of IPO.
Investors participated in the anchor book included Morgan Stanley Asia, Segantii India Mauritius, HDFC Trustee, HDFC Life Insurance Company, Prusik Umberlla Ucits Fund Plc, IIFL Income Opportunities Fund, SBI Life Insurance, Star Health and Allied Insurance Company, ICICI Prudential, NPS Trust, SBI General Life Insurance, Ghisallo Master Fund LP, and Tata Investment Corporation.
Nexus Select Trust REIT IPO - FAQs
Ans. Nexus Select Trust REIT is a Mainboard IPO. The issue is priced at ₹95-100 per equity share. The minimum order quantity is 150 Shares. The IPO opens on May 9, 2023, and closes on May 11, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Nexus Select Trust REIT opens on May 9, 2023 and closes on May 11, 2023.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Nexus Select Trust REIT is Approx. ₹3,200.00 Cr #Fresh Issue: Approx. ₹1,400.00 Cr #Offer for Sale: Approx. ₹1,800.00 Cr.
Ans. The Nexus Select Trust REIT price band is set between ₹95-100 per equity share.
Ans. To apply for Nexus Select Trust REIT, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Nexus Select Trust REIT 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 Nexus Select Trust REIT is May 16, 2023.
Ans. The Nexus Select Trust REIT will be listed on May 19, 2023.
Ans. Follow the steps to check the Nexus Select Trust REIT allotment status online.
