The Property Share REIT IPO minimum market lot is 1 shares with ₹10,50,000 application amount. The Property Share REIT IPO is a Mainline IPO, and it is to be listed on BSE, NSE.
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.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Property Share REIT IPO Subscription Status- Day 1
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 0.00 |
| NII | 0.00 | 0.00 | 0.00 |
| bNII | 0.00 | 0.00 | 0.00 |
| sNII | 0.00 | 0.00 | 0.00 |
| RII | 0.00 | 0.00 | 0.00 |
| Total | 0.00 | 0.00 | 0.00 |
Property Share REIT IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Property Share REIT IPO Review and Rating
- Avoid
Property Share REIT IPO Form
How to apply for the Property Share REIT IPO? You can apply for Property Share REIT IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Property Share REIT IPO in the Invest section. The other option is you can apply for Property Share REIT IPO via IPO forms downloaded online. Check out the Property Share REIT forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
