Propshare Celestia IPO subscribed 1.330176 times on the last day, NII of over 4.810671, and QIB of 0.169346, respectively.Ā Ā Ā
Propshare CelestiaIPO Listing DetailsĀ
| Listing Date | April 24, 2026 |
| BSE Code | – |
| ISIN Code | – |
| Offer Price | ā¹1000000 to ā¹1050000 |
| Face Value | – |
| Listing Price | – |
Details About Propshare Celestia IPOĀ
Propshare Celestia got approval from SEBI for an IPO of around ā¹245 crores via a fresh issue of ā¹245 crores.Ā Further, Propshare Celestia had a set price band between ā¹1000000.00 to ā¹1050000.00 per share.Ā
In the Propshare Celestia IPO, 1 share was in 1 lot sizes for the retail minimum and maximum categories as well.
To invest in the Propshare Celestia IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ā¹10,50,000.Ā
Propshare Celestia IPO Subscription DurationĀ
The Propshare Celestia IPO opening date was April 10, 2026, and the closing date was April 16, 2026.Ā The allotment of the Propshare Celestia IPO was on April 17, 2026, while the investors will receive a refund on April 20, 2026.Ā Propshare Celestia IPO listing date is scheduled for April 24, 2026.Ā
Propshare Celestia IPO funds deploymentĀ
- Acquisition of the Project Celestia and payment of sinking fund to society by Celestia SPVs (the āProposed Acquisitionā), and reimbursement or direct payment, as applicable, of 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 by way of lending to the Celestia SPVs and subscribing to the equity and debt instruments of our Celestia SPVĀ
- General purposes.Ā
About Propshare Celestia CompanyĀ
PropShare Celestia is a 3rd SM Reit Scheme launched by the Property Share Investment Trust. Property Share is Indiaās first small and Medium REIT. PropShare Celestia allows investors to invest in real estate buildings and earn income without directly buying the whole property.
The project covers 2,07,838 sq. ft., which consists of 3 offices and co-working companies named Smartworks Coworking Spaces Limited, EFC Limited, and Paragraph Khajanchi Business Centre LLP. Moreover, their office spaces are rented by 10 different tenants which includes, Tech Mahindra, a US-based services company, an Indian private bank, a B2B e-commerce company, a risk & financial analytics firm, and a data analytics company.
