Nexus Select Trust REIT
Mainboard₹15,000 / 150 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 2023-05-11 05:00:00 |
| QIBs | 4.81 |
| NII | Others: 6.23 |
| Total | 5.45 times |
Nexus Select Trust REIT IPO Details
The Nexus Select Trust REIT IPO price band is set between ₹95-100 per equity share, with a face value of ₹ per share. The issue is managed by Kfin Technologies Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 9 May, 2023 and closes on 11 May, 2023. Investors can check the allotment status on 16 May, 2023, while the listing date is tentatively scheduled for 19 May, 2023.
The total issue size is Approx. ₹3,200.00 Cr#Fresh Issue: Approx. ₹1,400.00 Cr#Offer for Sale: Approx. ₹1,800.00 Cr, aggregating up to . Stay tuned for the latest Nexus Select Trust REIT IPO review and GMP updates.
Nexus Select Trust REIT IPO Review, Rating & Analysis
Nexus Select Trust REIT IPO Review
NO REVIEWNexus Select Trust REIT IPO Rating
Nexus Select Trust REIT IPO Highlights
IPO Date
May 9, 2023 - May 11, 2023
Listing Date
19 May, 2023
Face Value
₹ Per Equity Share
Price Band
₹95-100 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Nexus Select Trust REIT IPO Lot Size
The minimum market lot for Nexus Select Trust REIT IPO is 150 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 150 | ₹15,000 |
| Retail (Max) | 13 | 1950 | ₹1,95,000 |
| S-HNI (Min) | 14 | 2100 | ₹2,10,000 |
| S-HNI (Max) | 66 | 9900 | ₹9,90,000 |
| B-HNI (Min) | 67 | 10050 | ₹10,05,000 |
Nexus Select Trust REIT IPO Timeline
Issue Price
₹95-100 per equity shareFace Value
₹ Per Equity ShareListing at Group
BSE, NSERegistrar
Kfin Technologies LimitedLead Manager
Bofa Securities India LimitedAxis Capital LimitedCitigroup Global Markets India Private LimitedHsbc Securities & Capital Markets Pvt LtdIifl Securities LtdJm Financial LimitedJ.P. Morgan India Private LimitedKotak Mahindra Capital Company LimitedMorgan Stanley India Company Pvt LtdSbi Capital Markets LimitedIssue Size
Approx. ₹3,200.00 Cr#Fresh Issue: Approx. ₹1,400.00 Cr#Offer for Sale: Approx. ₹1,800.00 CrNexus Select Trust REIT IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 22 | 8989.53 | 1498.35 | 257.02 | - | - | - |
| 31 Mar 22 | 9089.77 | 1398.52 | -10.95 | - | - | - |
| 31 Mar 21 | 8959.36 | 1047.97 | -199.11 | - | - | - |
| 31 Mar 20 | 9527.64 | 1708.19 | 206.74 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- N/A
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
Nexus Select Trust is India's leading real estate investment trust. Nexus Select Trust is India's leading consumption centre platform with 17 Grade-A best-in-class Urban Consumption Centres spread across 14 cities.
The company owns 17 Grade A urban consumption centres with a total Leasable Area of 9.8 msf, two complementary hotel assets (354 keys), and three office assets of 1.3 msf as of December 31, 2022.
The company has curated a healthy mix of tenants across sectors such as apparel and accessories, hypermarket, entertainment, and food and beverages (F&B). Nexus is also working across 50+ ESG initiatives to create a positive impact on people and the environment.
Nexus Select Trust serves across 14 cities in India including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, which constituted 30% of India's total discretionary retail spending in FY20.
Nexus Select Trust REIT IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 101,052,450 | Others: 84,210,600 | N/A | 185,263,050 |
Day 1 -09-05-23 05:00 PM | 0.16 x | 0.20 | N/A x | 0.27 x |
Day 2 -10-05-23 05:00 PM | 0.17 x | 1.05 | N/A x | 0.57 x |
Day 3 -11-05-23 05:00 PM | 4.81 x | 6.23 | N/A x | 5.45 x |
Frequently Asked Questions about Nexus Select Trust REIT IPO
When will Nexus Select Trust REIT IPO open for subscription?
The Nexus Select Trust REIT IPO opens on 9 May, 2023 and closes on 11 May, 2023.
What is the investors portion for Nexus Select Trust REIT IPO?
The investors' portion for QIB is 4.81 x, NII is 6.23, and Retail is x.
How to apply for Nexus Select Trust REIT IPO?
You can apply for Nexus Select Trust REIT IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Nexus Select Trust REIT IPO?
The issue size of Nexus Select Trust REIT IPO is approx ₹Approx. ₹3,200.00 Cr#Fresh Issue: Approx. ₹1,400.00 Cr#Offer for Sale: Approx. ₹1,800.00 Cr crores.
What is the price band of Nexus Select Trust REIT IPO?
The price band for Nexus Select Trust REIT IPO is ₹95 to ₹100 per equity share.
What is the lot size of Nexus Select Trust REIT IPO?
The minimum bid (lot size) for Nexus Select Trust REIT IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of Nexus Select Trust REIT IPO?
The allotment date for Nexus Select Trust REIT IPO is 16 May, 2023.
What is the listing date of Nexus Select Trust REIT IPO?
The listing date for Nexus Select Trust REIT IPO is expected to be 19 May, 2023.
What is the GMP of Nexus Select Trust REIT IPO?
The latest Grey Market Premium (GMP) for Nexus Select Trust REIT IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.