Property Share REIT IPO GMP, Open Date, Price Band, Allotment Status

  • 26-Nov-2024
  • 2 mins read
Property Share REIT IPO

Property Share REIT IPO GMP, Open Date, Price Band, Allotment Status

Property Share REIT IPO open date is on 2 December to 4 December 2024. This new IPO is a book-built issue of Rs 352.91 crores. This upcoming IPO is a completely fresh issue of 0 crore shares.

Property Share REIT IPO price band is not yet announced. As of now, Property Share REIT IPO GMP is 24 indicates mild bullish sentiment for this IPO among investors.

Property Share REIT IPO lot size is x shares and the allotment date is finalised on Thursday, December 5, 2024. The minimum investment for the retail investors for 1 lot is expected to be around Rs 14,500. The registrar for Property Share REIT IPO is Kfin Technologies Limited. The listing date is 9 December 2024.

Also Read | Suraksha Diagnostic IPO GMP, Open Date, Price Band, Allotment Status

Property Share REIT IPO GMP

Property Share REIT IPO GMP quotation is around Rs 24 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Property Share REIT IPO GMP might rise in the coming days.

Property Share REIT IPO Price Band

Property Share REIT IPO price band is not yet announced. The minimum amount of investment for the retail category is to be around Rs 14,500 and for small NII minimum investment is to be around Rs 2,09,916. The minimum investment for the Big NII is to be around Rs 10,04,598.

Property Share REIT IPO Open Date, Close Date

Property Share REIT IPO open date is Monday, 2 December 2024 and closing date is Wednesday, 4 December 2024. Initiation of refund date is December 6, 2024 and credit of shares will be on 6 December 2024.

Property Share REIT IPO Allotment Status

Property Share REIT IPO allotment status will be finalised on Thursday, 5 December 2024. The listing will be on the BSE and NSE platforms on Monday 9 December, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

Property Share REIT IPO Listing Date

Property Share REIT IPO's listing date will be on Monday, 9 December 2024. The Listing will be on both the NSE and BSE exchanges. Retail investors can sell the shares after 10 AM on the listing day.

Property Share REIT IPO: Listing Date, Lot Size, Price Band

IPO Date

December 2, 2024 to December 4, 2024

Listing Date

December 9, 2024

Face Value

Yet to be announced

Price

Yet to be announced

Lot Size

1 Shares

Total Issue Size

3,361 shares

amounting to Rs 352.91 crore

Fresh Issue

3,361 shares

amounting to Rs 352.91 crore

Issue Type

Book Built Issue REIT

Listing At

BSE, NSE

Property Share REIT IPO  Limited: About the Company

Property Share REIT IPO

Property Share REIT is incorporated in 2024, is a SEBI registered small and medium real estate investment trust. The first scheme is PropShare Platina, which has six wholly owned SPVs under its structure as per the REIT Regulations. The Trustee of Property Share Investment Trust is Axis Trustee Services Limited.

Property Share REIT provides services like Debenture Trustee, Security trustee, Facility agent, Escrow agency. Also Custody services, Trustee of REITs, InvITs, AIFs and family trust etc in the domestic market.

Property Share REIT IPO Objectives

The funds raised from Property Share REIT IPO will be utilised for acquisitions of the project Platina by Platina SPVs as commercial office spaces and reimbursement of the payment. The remaining money will be used for general corporate purposes.

Property Share REIT IPO: Key Dates, Allotment, Listing Date

IPO Open Date

Monday, December 2, 2024

IPO Close Date

Wednesday, December 4, 2024

Basis of Allotment

Thursday, December 5, 2024

Initiation of Refunds

Friday, December 6, 2024

Credit of Shares to Demat

Friday, December 6, 2024

Listing Date

Monday, December 9, 2024

Cut-off time for UPI mandate

5 PM on December 4, 2024

Property Share REIT IPO Subscription Details, IPO Reservation

Property Share REIT IPO subscription details will be available after the IPO opens on 2 December 2024. In the QIB category 75% and remaining 25% is reserved for Non-Institutional investors.

Property Share REIT IPO Lot Size Details

Property Share REIT IPO lot size is set at x shares per lot. For retail, the minimum lot size is 1 lot, amounting to around Rs 14,500 and the maximum is 13 lots, amounting to be around Rs 1,94,922. For small HNI, the minimum lot size is 14, amounting to be around Rs 2,09,916. (Investment figures are assumptions)

Property Share REIT IPO Registrar

Property Share REIT IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar website and select the name of the company and enter PAN number or application ID to know their allotment status.

Property Share REIT IPO Lead Managers

Property Share REIT IPO lead managers are ICICI Securities Limited.

How to apply to Property Share REIT IPO

Interested investors can apply to the Property Share REIT IPO directly from the Bigul trading app and you can also apply by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Property Share REIT IPO FAQ

1. What are the details of the Property Share REIT IPO?

Property Share REIT IPO  is a book-built issue of Rs 352.91 crores. This upcoming IPO is a completely fresh issue of 0 crore shares.

2. When will the Property Share REIT IPO open and close?

Property Share REIT IPO open date is Monday, 2 December 2024 and closing date is Wednesday, 4 December 2024. Initiation of refund date is December 6, 2024 and credit of shares will be on 6 December 2024.

3. What is Property Share REIT IPO GMP?

Property Share REIT IPO GMP quotation is around Rs 24 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Property Share REIT IPO GMP might rise in the coming days.

4. What are the details of Property Share REIT IPO reservation?

Property Share REIT IPO subscription details will be available after the IPO opens on 2 December 2024. In the QIB category 75% and remaining 25% is reserved for Non-Institutional investors.

5. Write the details of the IPO Allotment Status?

Property Share REIT IPO allotment status will be finalised on Thursday, 5 December 2024. The listing will be on the BSE and NSE platforms on Monday 9 December, 2024. The registrar of this IPO is Kfin Technologies Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Property Share REIT IPO?

Property Share REIT IPO registrar is Kfin Technologies Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead manager is ICICI Securities Limited.

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