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.
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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 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.
Also Read:
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- What is IPO GMP?
- Difference between IPO and FPO For Beginners
- Difference between SME IPO and Mainline IPO?