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Property Share REIT IPO

Live Updates, GMP, Subscription Data, and Financial Details

IPO Overview

Listed
Dates Dec 02 to Dec 04 2024
Price Band ₹1000000 - 1050000
Current GMP ₹0(0%)
Subscription 0

IPO Details

IPO Date
December 2, 2024 to December 4, 2024
Listing Date
Monday, December 9, 2024
Face Value
₹ per share
Price Band
₹1000000 to ₹1050000 per share
Lot Size
1 Shares
Total Issue Size
3,361 shares (aggregating up to ₹352.91 Cr)
Fresh Issue
3,361 shares (aggregating up to ₹352.91 Cr)
Issue Type
Book Built Issue SM REIT
Listing At
BSE
Share holding post issue
3,361

Day Wise GMP

Date09-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date08-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date07-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date06-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date05-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date04-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date03-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date02-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date01-12-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date30-11-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date29-11-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date28-11-2024
Price1050000.00
GMP0(0%)
Estimate List Price(0%)
Date27-11-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date26-11-2024
Price
GMP0(0%)
Estimate List Price(0%)
Date25-11-2024
Price
GMP0(0%)
Estimate List Price(0%)

IPO Important Dates

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 confirmation
5 PM on December 4, 2024

IPO Lot Size

ApplicationRetail (Min)
Lots1
Shares1
Amount₹1,050,000
ApplicationRetail (Max)
Lots0
Shares0
Amount
Application(Min)
Lots
Shares
Amount
ApplicationS-HNI (Max)
Lots
Shares
Amount
ApplicationB-HNI (Min)
Lots
Shares
Amount

IPO Reservation

QIB Shares Offered
Not more than 75% of the Net Issue
NII (HNI) Shares Offered
Not less than 25% of the Net Issue

Information about company

Incorporated in June 2024, Property Share Investment Trust is a SEBI-registered small and medium real estate investment trust. The Trust's 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. The Trustee provides the following services as Debenture trustee; Security trustee, Facility agent; Escrow agency, Custody services; Trust and retention account; Securitization trustee; Share monitoring trustee; Lender repayment trustee; Digital escrow agency; and Trustee of REITs, InvITs, AIFs and family trust etc., in the domestic market.

Objectives of IPO

The Offer Proceeds are proposed to be utilised in accordance with the details provided in the following table:

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App