Property Share REIT IPO Date, Review, Price, Allotment Details

Property Share REIT IPO open date is December 2, 2024 and the IPO will close on December 4, 2024. Property Share REIT IPO is a Book Built Issue. The company to raise around ₹353 crores via IPO that comprises fresh issue of ₹353 crores and offer for sale up to [.] equity shares with face value of ₹[.] each.

Property Share Investment Trust IPO price band is ₹1000000 to ₹1050000 per share. The retail quota is 00%, QIB is 75%, and HNI is 25%. Property Share REIT IPO to list on BSE, NSE on December 9, 2024. The allotment of PropShare SM REIT IPO date is December 5, 2024.

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. As per the financials the IPO investors should apply the IPO for a long term.

Property Share REIT IPO Details

IPO Open Date:December 2, 2024
IPO Close DateDecember 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.

ApplicationLot SizeSharesAmount
Retail Minimum11₹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 EndedRevenueExpenseProfit After TaxAssets
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.

KPIValues
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

CompanyEPSPE RatioRoNW %NAVIncome
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?

Property Share REIT IPO is a main-board IPO. The company is going to raise ₹353 Crores via IPO. The issue is priced at ₹1000000 to ₹1050000 per equity share. The IPO is to be listed on BSE & NSE.

When Property Share REIT IPO will open for subscription?

The IPO is to open on December 2, 2024 for QIB, NII, and Retail Investors. The IPO will close on December 4, 2024.

What is Property Share REIT IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 25%, and Retail is 00%.

How to Apply the Property Share REIT IPO?

You can apply for Property Share REIT IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Property Share REIT IPO Issue Size?

Property Share REIT IPO issue size is ₹353 crores.

What is Property Share REIT IPO Price Band?

Property Share REIT IPO Price Band is ₹₹1000000 to ₹1050000.

What is Property Share REIT IPO Lot Size?

The minimum bid is 1 Share with ₹10,50,000 amount.

What is the Property Share REIT IPO Allotment Date?

Property Share REIT IPO allotment date is December 5, 2024.

What is the Property Share REIT IPO Listing Date?

Property Share REIT IPO listing date is December 9, 2024. The IPO is to list on BSE & NSE.

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).
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