Property Share REIT IPO Details
| IPO Open Date: | December 2, 2024 |
| IPO Close Date | December 4, 2024 |
| Face Value: | ₹- Per Equity Share |
| IPO Price Band: | ₹1000000 to ₹1050000 Per Share |
| Issue Size: | Approx ₹352.91 Crores |
| Fresh Issue: | Approx ₹352.91 Crores |
| Offer for Sale: | Approx [.] Equity Shares |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than -% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 25% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Property Share REIT IPO Market Lot
The Property Share Investment Trust IPO minimum market lot size is 1 share with ₹10,50,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1 | ₹10,50,000 |
Property Share REIT IPO Dates
The Property Share Investment Trust IPO date is December 2, 2024 and the close date is December 4, 2024. The Property Share REIT IPO allotment will be finalized on December 5, 2024 and the IPO listing on December 9, 2024.
| IPO Open Date: | December 2, 2024 |
| IPO Close Date: | December 4, 2024 |
| Basis of Allotment: | December 5, 2024 |
| Refunds: | December 6, 2024 |
| Credit to Demat Account: | December 6, 2024 |
| IPO Listing Date: | December 9, 2024 |
Promoters of Property Share REIT IPO
The promoters of the company are not declared.
About Property Share Investment Trust
Incorporated on June 27, 2024, the property share investment trust works under the REIT Regulations and law, is a small and medium real estate investment trust. Small and medium real investment trusts, let people invest in real estate like office buildings, malls, hotels, and hospitals. The aim of the Property Share Investment Trust is to raise funds, in which the funds raised will be invested for operating the Property Share Investment Trust and additional matters. With the REIT (Real Estate Investment Trust) regulations, they can only make investments in certain types of schemes like Developing Platina SPVs (special purpose vehicles), Covering compulsory charges such as Stamp duty, registration fees, supercharge, and cees, and lastly providing funds to the Platina SPVs project to buy equity and debt instruments. Their main goal is to own, operate, and invest in retail real estate properties that offer income and profit. Kunal Moktan, Hashim Qadeer Khan, and Benjamin Oliver Speat Cassey are some of the Non-independent directors responsible for the management of the Property share investment trust.
Property Share REIT IPO Company Financial Report
The company reported revenue of ₹- crores in 2024 against ₹- crore in 2023. The company reported Profit of ₹- crores in 2024 against Profit of ₹- crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹- | ₹- | ₹- | ₹- |
| 2023 | ₹- | ₹- | ₹- | ₹- |
| 2024 | ₹- | ₹- | ₹- | ₹- |
Property Share REIT IPO Valuation – FY2024
Check Property Share REIT IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | -% |
| ROCE: | -% |
| EBITDA Margin: | -% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹- (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | -% |
| Net Asset Value (NAV): | ₹- |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| NA | – | – | – | – | – Cr. |
| NA | – | – | – | – | – Cr. |
Objects of the Issue
- 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
- General Purposes
Property Share REIT IPO Review
- IPO Watch – May Apply
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect –
- Choice Broking –
Property Share REIT IPO Registrar
KFin Technologies Limited
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]
Website: https://ris.kfintech.com/
IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
Company Address
Property Share Investment Trust
16th Floor, SKAV Seethalakshmi, 21/22,
Kasturba Road, Bangalore 560001, India
Phone: +91 80 3100 3902
E-mail: [email protected]
Website: www.propertyshare.in
Property Share REIT IPO FAQs
What is Property Share REIT IPO?
When Property Share REIT IPO will open for subscription?
What is Property Share REIT IPO Investors Portion?
How to Apply the Property Share REIT IPO?
What is Property Share REIT IPO Issue Size?
What is Property Share REIT IPO Price Band?
What is Property Share REIT IPO Lot Size?
What is the Property Share REIT IPO Allotment Date?
What is the Property Share REIT IPO Listing Date?
Note: The Property Share REIT IPO price band and date are officially announced. The (Property Share REIT IPO grey market premium) will be added to the IPO GMP page as it will start).
