Property Share Investment Trust is a SEBI-registered Small and Medium Real Estate Investment Trust (REIT) that was incorporated in June 2024. The Trust has introduced its second investment scheme, PropShare Titania, which is now open for public investment through an Initial Public Offering (IPO).

The Trustee of Property Share Investment Trust is Axis Trustee Services Limited, which provides a range of services including debenture trusteeship, security trusteeship, facility agency, escrow agency, and custody services.

The PropShare Titania IPO opened for subscription on July 21, 2025, and will close on July 25, 2025. The company aims to raise approximately ₹473 crores through this IPO, which consists entirely of a fresh issue. The price per share has been fixed within the range of ₹10 lakh to ₹10.6 lakh. The offering allocates 75% of shares to Qualified Institutional Buyers (QIBs) and 25% to High Net-Worth Individuals (HNIs), with no allocation for retail investors. The allotment process is expected to conclude by July 30, 2025, followed by the stock’s BSE listing on August 4, 2025.

Share distribution follows a 75:25 ratio between QIBs and HNIs respectively, excluding retail participation. Successful applicants will receive their allotment by July 30, 2025, with trading commencing on BSE from August 4, 2025.

In terms of financial performance, the company reported a revenue of ₹40.07 crores in 2025, up from ₹34.67 crores in the previous year, indicating steady growth.

PropShare Titania IPO Details

IPO Date	July 21, 2025 to July 25, 2025
Listing Date	[.]
Face Value	₹[.] per share
Issue Price Band	₹1000000 to ₹1060000 per share
Lot Size	1 Shares
Total Issue Size	Approx ₹473.00 Crores
Issue Type	Book Built
Listing At	BSE

PropShare Titania IPO Dates

PropShare Titania IPO bidding period spans five days, starting July 21 and ending July 25, 2025.

IPO Open Date	Mon, Jul 21, 2025
IPO Close Date	Fri, Jul 25, 2025
Tentative Allotment	Wed, Jul 30, 2025
Refunds	Thu, Jul 31, 2025
IPO Listing Date	Mon, Aug 4, 2025
UPI Mandate Confirmation Deadline	5 PM on July 25, 2025

PropShare Titania IPO Market Lot

The minimum investment for PropShare Titania IPO is set at 1 share, requiring an application amount of ₹10,60,000.

Application	Lot Size	Shares	Amount
All Investors	1	1	₹10,60,000

Established in 1988, Belrise Industries Limited specializes in manufacturing critical automotive components including sheet metal parts, castings, polymer elements, suspension systems, and mirror assemblies for two-wheelers, three-wheelers, and four-wheel passenger/commercial vehicles. As a leading Indian automotive component manufacturer, the company produces essential safety systems and engineering solutions for various vehicle segments, including agricultural equipment.

The company’s comprehensive product range features metal chassis systems, polymer components, suspension assemblies, body-in-white parts, and exhaust systems. Belrise serves 27 global OEMs as of June 2024, including major automotive brands like Bajaj, Honda, Hero, Jaguar Land Rover, Royal Enfield, VE Commercial Vehicles, Tata Motors, and Mahindra. The company operates 15 manufacturing plants across nine cities in eight Indian states.

The Belrise Industries IPO will be open for subscription from May 21-23, 2025, offering shares in the ₹85-90 price range. The allocation includes 35% for retail investors, 50% for QIBs, and 15% for HNIs. The share allotment will be finalized by May 26, 2025, with listing scheduled on both BSE and NSE on May 28, 2025.

In 2024, the company reported revenues of ₹7,555.67 crores, showing growth from ₹6,620.78 crores in 2023. While profits saw a marginal change, standing at ₹310.88 crores in 2024 compared to ₹313.66 crores in the previous year.

Belrise Industries IPO Details

IPO Date	May 21, 2025 to May 23, 2025
Listing Date	[.]
Face Value	₹5 per share
Issue Price Band	₹85 to ₹90 per share
Lot Size	166 Shares
Total Issue Size	Approx ₹2,150 Crores
Fresh Issue	Approx ₹2,150 Crores
Issue Type	Book building IPO
Listing At	BSE, NSE
Share Holding Pre Issue	65,09,90,304 shares
Share Holding Post Issue	88,98,79,192 shares

Belrise Industries IPO Dates

The initial public offering of Belrise Industries will be available for subscription from May 21 to May 23, 2025.

IPO Open Date	Wed, May 21, 2025
IPO Close Date	Fri, May 23, 2025
Tentative Allotment	Mon, May 26, 2025
Refunds	Tue, May 27, 2025
Credit of Shares to Demat	Tue, May 27, 2025
IPO Listing Date	Wed, May 28, 2025
UPI Mandate Confirmation Deadline	5 PM on May 23, 2025

Belrise Industries IPO Market Lot

The minimum investment for Belrise Industries IPO is set at 166 shares (1 lot) worth ₹14,940. Retail investors can bid for up to 13 lots (2,158 shares), totaling ₹1,94,220.

Application	Lot Size	Shares	Amount
Retail Minimum	1	166	₹14,940
Retail Maximum	13	2,158	₹1,94,220
S-HNI Minimum	14	2,324	₹2,09,160
B-HNI Minimum	67	11,122	₹10,00,980

Established in 1994, Dar Credit and Capital Limited (DCCL) is a Non-Banking Finance Company (NBFC) providing three key financial products: (i) Personal Loans, (ii) Unsecured MSME Loans, and (iii) Secured MSME Loans. The company primarily serves low-income individuals, including municipal workers such as cleaners and peons, as well as small shopkeepers and vendors, with a special emphasis on supporting women-led businesses.

As of December 31, DCCL had 24,608 active customers, supported by its network of 27 branches and camps spanning 64 districts across six Indian states. The company maintains a balanced loan book, with personal loans constituting 44.46%, micro loans accounting for 40.12%, while unsecured SME loans and secured MSME loans make up 2.65% and 12.76% respectively.

Investors can subscribe to the Dar Credit IPO from May 21-23, 2025, with shares priced between ₹57-60 each. The offering reserves 35% for retail investors, 50% for institutional buyers (QIBs), and 15% for high-net-worth individuals (HNIs). The allotment will be completed by May 26, followed by the stock’s NSE debut on May 28, 2025.

The company reported a revenue of ₹33.01 crores in 2024, up from ₹25.57 crores in 2023. Profits also saw growth, rising to ₹3.97 crores in 2024 compared to ₹2.93 crores in the previous year.

Dar Credit and Capital IPO Details

IPO Date	May 21, 2025 to May 23, 2025
Listing Date	[.]
Face Value	₹10 per share
Issue Price Band	₹57 to ₹60 per share
Lot Size	2,000 Shares
Total Issue Size	Approx ₹25.66 Crores
Fresh Issue	Approx ₹25.66 Crores
Issue Type	Book Built Issue
Listing At	NSE SME
Share Holding Pre Issue	1,00,00,000 shares
Share Holding Post Issue	1,42,76,000 shares

Dar Credit and Capital IPO Dates

The initial public offering (IPO) of Dar Credit and Capital begins on May 21, 2025, and will conclude on May 23, 2025.

IPO Open Date	Wed, May 21, 2025
IPO Close Date	Fri, May 23, 2025
Tentative Allotment	Mon, May 26, 2025
Refunds	Tue, May 27, 2025
Credit of Shares to Demat	Tue, May 27, 2025
IPO Listing Date	Wed, May 28, 2025
UPI Mandate Confirmation Deadline	5 PM on May 23, 2025

Dar Credit IPO Market Lot

The minimum market lot for the Dar Credit IPO is 2,000 shares, requiring an application amount of ₹1,20,000.

Application	Lot Size	Shares	Amount
Retail Minimum	1	2,000	₹1,20,000
Retail Maximum	1	2,000	₹1,20,000
S-HNI Minimum	2	4,000	₹2,40,000

Founded in October 2018, Victory Electric Vehicles International Limited specializes in the design, production, and distribution of electric vehicles. The company is committed to delivering sustainable and eco-friendly mobility solutions, featuring a diverse lineup of electric two-wheelers, three-wheelers, and commercial vehicles. By promoting the transition to electric transportation, Victory Electric Vehicles International Limited supports the worldwide movement toward green energy.

Its product range includes E-rickshaws, E-Cargo/Loader E-rickshaws, scooters, and more. Additionally, the company provides tailored E-Three Wheelers for specialized uses, such as Food Three Wheelers and Ice Cream Three Wheelers. Advanced technologies like lithium-ion batteries, high-efficiency electric drivetrains, and smart connectivity are integrated into its vehicles.

Aligned with global sustainability goals, Victory Electric Vehicles International Limited strives to reduce carbon emissions and fossil fuel reliance. As of June 30, 2024, the company employs 110 permanent staff.

The Victory Electric Vehicles IPO opens on May 20, 2025, and closes on May 23, 2025, with a price band of ₹72 per share. The allocation includes a 50% retail quota and 50% HNI quota, with no QIB portion. The IPO is set to list on the NSE on May 28, 2025, and the allotment will be finalized by May 27, 2025. Financially, the company posted revenues of ₹48.76 crores in 2024, down from ₹52.14 crores in 2023, while profits rose to ₹4.89 crores in 2024 from ₹0.79 crores the previous year.

Victory Electric Vehicles IPO Details

IPO Date	May 20, 2025 to May 23, 2025
Listing Date	[.]
Face Value	₹5 per share
Issue Price	₹72 per share
Lot Size	1,600 Shares
Total Issue Size	Approx ₹40.66 Crores
Fresh Issue	Approx ₹40.66 Crores
Issue Type	Fixed Price IPO
Listing At	NSE SME
Share Holding Pre Issue	1,56,60,000 shares
Share Holding Post Issue	2,13,07,000 shares

Victory Electric Vehicles IPO Dates

The initial public offering of Victory Electric Vehicles will be available for subscription from May 20 to May 23, 2025.

IPO Open Date	Tue, May 20, 2025
IPO Close Date	Fri, May 23, 2025
Tentative Allotment	Tue, May 27, 2025
Refunds	Tue, May 27, 2025
Credit of Shares to Demat	Tue, May 27, 2025
IPO Listing Date	Wed, May 28, 2025
UPI Mandate Confirmation Deadline	5 PM on May 23, 2025

Victory Electric Vehicles IPO Market Lot

The minimum lot size for Victory Electric Vehicles IPO is set at 1,600 shares, with each application amounting to ₹1,15,200.

Application	Lot Size	Shares	Amount
Retail Minimum	1	1600	₹1,15,200
Retail Maximum	1	1600	₹1,15,200
S-HNI Minimum	2	3200	₹2,30,400

Borana Weaves Limited, established in 2020 and headquartered in Surat, Gujarat, is a leading manufacturer of unbleached synthetic grey fabric. This versatile fabric serves as a foundational material for various downstream processes like dyeing and printing, catering to diverse industries including fashion, traditional and technical textiles, home furnishings, and interior design. Additionally, the company produces polyester textured yarn (PTY Yarn) by processing polyester oriented yarn (POY Yarn), which acts as a key raw material for its grey fabric production.

Operating from three state-of-the-art manufacturing facilities in Surat, Borana Weaves is equipped with advanced textile machinery, including 15 texturizing machines, 6 warping machines, 700 water jet looms, and 10 folding machines, as of September 30, 2024.

The company’s upcoming IPO is set to open on May 20, 2025, and close on May 22, 2025, with a price band of ₹205 to ₹216 per share. The issue comprises a 10% quota for retail investors, 75% for QIBs, and 15% for HNIs, and is scheduled to list on BSE and NSE on May 27, 2025.

The allotment date is fixed for May 23, 2025. Financially, Borana Weaves has shown robust growth, with revenue rising from ₹135.53 crores in 2023 to ₹199.60 crores in 2024, while profits increased from ₹16.30 crores to ₹23.59 crores during the same period, underscoring its strong market position and operational efficiency.

Borana Weaves IPO Details

IPO Date	May 20, 2025 to May 22, 2025
Listing Date	[.]
Face Value	₹10 per share
Issue Price Band	₹205 to ₹216 per share
Lot Size	69 Shares
Total Issue Size	Approx ₹144.89 Crores
Fresh Issue	Approx ₹144.89 Crores
Issue Type	Book building IPO
Listing At	BSE, NSE
Share Holding Pre Issue	1,99,37,295 shares
Share Holding Post Issue	2,66,45,295 shares

Borana Weaves IPO Dates

The initial public offering (IPO) of Borana Weaves will commence on May 20, 2025, and conclude on May 22, 2025.

IPO Open Date	Tue, May 20, 2025
IPO Close Date	Thu, May 22, 2025
Tentative Allotment	Fri, May 23, 2025
Refunds	Mon, May 26, 2025
Credit of Shares to Demat	Mon, May 26, 2025
IPO Listing Date	Tue, May 27, 2025
UPI Mandate Confirmation Deadline	5 PM on May 22, 2025

Borana Weaves IPO Market Lot

The minimum investment for Borana Weaves IPO is one lot of 69 shares at ₹14,904. Retail investors can subscribe up to 13 lots (897 shares), amounting to ₹1,93,752.

Application	Lot Size	Shares	Amount
Retail Minimum	1	69	₹14,904
Retail Maximum	13	897	₹1,93,752
S-HNI Minimum	14	966	₹2,08,656
B-HNI Minimum	68	4,692	₹10,13,472