IPO

Property Share Investment Trust REIT

Mainboard

Listed On: Dec 10, 2024 at ₹ 10,50,000(NSE)

₹ 1050000 /1 Shares

Check Allotment

02 Dec, 2024

Open Date

04 Dec, 2024

Close Date

05 Dec, 2024

Allotment Date

10 Dec, 2024

Listing Date
Property Share Investment Trust REIT IPO Issue Details
  • Issue Price ₹1000000-1050000 per equity share
  • Face Value ₹ Per Equity Share
  • Issue Price 3,361 shares(aggregating up to ₹352.91 Cr)
  • Listing at BSE
  • List Price 10,50,000(NSE)
  • Listing Date 2024-12-10
  • Lead Manager ICICI Securities Limited
  • Registrar Kfin Technologies Limited
Property Share Investment Trust REIT IPO Details
  • Retail Portion QIB :75%
    HNI : 25%
Property Share Investment Trust REIT IPO Documents
DRHP
RHP
Property Share Investment Trust REIT IPO Details


The IPO of Property Share Investment Trust REIT is priced at ₹1000000-1050000 per equity share, which has a face value of ₹ Per Equity Share each, IPO bidding starts from Dec 2, 2024 and ends on Dec 4, 2024. The allotment for Property Share Investment Trust REIT IPO will be finalized on Dec 5, 2024. Property Share Investment Trust REIT IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 10, 2024. The company shall list its equity shares on the BSE. Kfin Technologies Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are ICICI Securities Limited.


The Property Share Investment Trust REIT IPO sets its price band at 1000000-1050000 for each share. A single application for Property Share Investment Trust REIT must contain at least 1 shares.

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Property Share Investment Trust REIT IPO Subscription Analysis And Details
QIB
0.13x
NII
4.37x
Total
1.19x
As onQIBNIITotal
Day 3 - 04-12-24 05:00 PM0.13 x4.37N/A x1.19 x
About Property Share Investment Trust REIT Company

Incorporated in June 2024, Property Share Investment Trust is a SEBI-registered small and medium real estate investment trust (REIT) designed to provide investors with access to diversified real estate opportunities. Committed to transparency and growth, the Trust operates under the regulatory framework of SEBI’s REIT regulations, ensuring structured and secure investments in the real estate sector.

Property Share Investment Trust's first programme under the new Trust is the PropShare Platina and is supported by six entirely-owned SPVs, tailored for greatest value to the investors at the same time, considering compliance.

Property Share Investment Trust has employed a trustee such as Axis Trustee Services Limited which has a credible track for reliability and competency; therefore making it a pillar for providing management and securing assets pertaining to the property Trust as far as all practices consider investor value.

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Property Share Investment Trust REIT IPO - Issue Objectives
1

Acquisitions of the Project Platina by Platina SPVs as commercial office spaces and reimbursement of the payment of applicable statutory charges under applicable laws (including stamp duty, registration, surcharge and cess etc. for the registration of sale deeds) to the Investment Manager for the proposed acquisition of the Project Platina by the Platina SPVs as commercial office spaces by way of lending to the Platina SPVs and subscribing to the equity and debt instruments of the Platina.

2

General Purposes