Property Share Investment Trust REIT
Mainboard₹10,50,000 / 1 Shares
Property Share Investment Trust REIT IPO Details
The Property Share Investment Trust REIT IPO price band is set between ₹1000000-1050000 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 2 Dec, 2024 and closes on 4 Dec, 2024. Investors can check the allotment status on 5 Dec, 2024, while the listing date is tentatively scheduled for 10 Dec, 2024.
The total issue size is 3,361 shares, aggregating up to ₹352.91 Cr. Stay tuned for the latest Property Share Investment Trust REIT IPO review and GMP updates.
Property Share Investment Trust REIT IPO Review, Rating & Analysis
Property Share Investment Trust REIT IPO Review
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Property Share Investment Trust REIT IPO Highlights
IPO Date
Dec 2, 2024 - Dec 4, 2024
Listing Date
10 Dec, 2024
Face Value
₹ Per Equity Share
Price Band
₹1000000-1050000 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE
Property Share Investment Trust REIT IPO Lot Size
The minimum market lot for Property Share Investment Trust REIT IPO is 1 shares with an application amount of ₹10,50,000. Retail investors can apply for up to 0 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1 | ₹10,50,000 |
| Retail (Max) | 0 | 0 | ₹0 |
| S-HNI (Min) | 1 | 1 | ₹10,50,000 |
| S-HNI (Max) | 0 | 0 | ₹0 |
| B-HNI (Min) | 1 | 1 | ₹10,50,000 |
Property Share Investment Trust REIT IPO Timeline
Issue Price
₹1000000-1050000 per equity shareFace Value
₹ Per Equity ShareListing at Group
BSERegistrar
Kfin Technologies LimitedLead Manager
ICICI Securities LimitedIssue Size
3,361 shares(aggregating up to ₹352.91 Cr)Promoters & Share Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A% | N/A% |
About Company
Incorporated in June 2024, Property Share Investment Trust is a SEBI-registered small and medium real estate investment trust (REIT) designed to provide investors with access to diversified real estate opportunities. Committed to transparency and growth, the Trust operates under the regulatory framework of SEBI’s REIT regulations, ensuring structured and secure investments in the real estate sector.
Property Share Investment Trust's first programme under the new Trust is the PropShare Platina and is supported by six entirely-owned SPVs, tailored for greatest value to the investors at the same time, considering compliance.
Property Share Investment Trust has employed a trustee such as Axis Trustee Services Limited which has a credible track for reliability and competency; therefore making it a pillar for providing management and securing assets pertaining to the property Trust as far as all practices consider investor value.
Property Share Investment Trust REIT IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
Day 3 -04-12-24 05:00 PM | 0.13 x | 4.37 | N/A x | 1.19 x |
Frequently Asked Questions about Property Share Investment Trust REIT IPO
When will Property Share Investment Trust REIT IPO open for subscription?
The Property Share Investment Trust REIT IPO opens on 2 Dec, 2024 and closes on 4 Dec, 2024.
What is the investors portion for Property Share Investment Trust REIT IPO?
The investors' portion for QIB is 0.13 x, NII is 4.37, and Retail is x.
How to apply for Property Share Investment Trust REIT IPO?
You can apply for Property Share Investment 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 Property Share Investment Trust REIT IPO?
The issue size of Property Share Investment Trust REIT IPO is approx ₹3,361 shares(aggregating up to ₹352.91 Cr) crores.
What is the price band of Property Share Investment Trust REIT IPO?
The price band for Property Share Investment Trust REIT IPO is ₹1000000 to ₹1050000 per equity share.
What is the lot size of Property Share Investment Trust REIT IPO?
The minimum bid (lot size) for Property Share Investment Trust REIT IPO is N/A shares with an investment of approx ₹10,50,000 .
What is the allotment date of Property Share Investment Trust REIT IPO?
The allotment date for Property Share Investment Trust REIT IPO is 5 Dec, 2024.
What is the listing date of Property Share Investment Trust REIT IPO?
The listing date for Property Share Investment Trust REIT IPO is expected to be 10 Dec, 2024.
What is the GMP of Property Share Investment Trust REIT IPO?
The latest Grey Market Premium (GMP) for Property Share Investment 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.