Property Share REIT IPO is to open on December 2. Property Share Investment Trust is a Mainline IPO to raise ₹352.91 crores via IPO. The Property Share Investment Trust IPO price band is fixed at ₹10,00,000 to ₹10,50,000 with a market lot of 1 share.
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 GMP Live Rates
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 9 December | ₹- | – | ₹- | ₹- |
| 7 December | ₹- | – | ₹- | ₹- |
| 6 December | ₹- | – | ₹- | ₹- |
| 5 December | ₹- | – | ₹- | ₹- |
| 4 December | ₹- | – | ₹- | ₹- |
| 3 December | ₹- | – | ₹- | ₹- |
| 2 December | ₹- | – | ₹- | ₹- |
| 30 November | ₹- | – | ₹- | ₹- |
| 29 November | ₹- | – | ₹- | ₹- |
| 28 November | ₹- | – | ₹- | ₹- |
| 27 November | ₹- | – | ₹- | ₹- |
| 26 November | ₹- | – | ₹- | ₹- |
| 25 November | ₹- | – | ₹- | ₹- |
Note: A positive IPO GMP means there is strong demand in the grey market for that IPO in another case a negative IPO GMP means there is no or lower demand in the grey market. The demand will lead to a positive or negative IPO listing.
Property Share REIT IPO Details
| IPO Open Date: | December 2, 2024 |
| IPO Close Date | December 4, 2024 |
| Face Value: | Not applicable |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| Issue Size: | Approx ₹353 Crores |
| Fresh Issue: | Approx ₹[.] 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 -% |
| NII Quota: | Not more than -% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Property Share Investment Trust IPO Dates
| 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 |
Property Share REIT IPO GMP aka Grey Market Premium FAQs:
What is Property Share REIT IPO GMP Today?
What is Property Share REIT IPO Kostak Rate Today?
What is Property Share REIT IPO Subject to Sauda Today?
What is Property Share REIT IPO Expected Returns?
Disclaimer:
- IPO Grey Market Premium (Property Share REIT IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
