Nexus Select Trust REIT

Mainboard

REIT

Listed On: May 19, 2023 at ₹ 103.0(NSE)

₹ 15000 /150 Shares

Check Allotment

Price Summary

Last Closing

142.71 (42.71%)

52 Week High

156.00

52 Week Low

105.72

Last Update

22-Nov-2024 3:30 PM

Nexus Select Trust REIT IPO Live Subscription Details

Date

2023-05-11 05:00:00

QIBs

4.81

NII

Others: 6.23

Total

5.45 times

Nexus Select Trust REIT IPO Details

09 May, 2023

Open Date

11 May, 2023

Close Date

16 May, 2023

Allotment Date

19 May, 2023

Listing Date

Issue Price

₹95-100 per equity share

Face Value

₹ Per Equity Share

Listing at Group

BSE, NSE

Registrar

Kfin Technologies Limited

List Price

103.0(NSE)

Listing Date

2023-05-19

Market Lot

150 Shares (₹15,000/-)

Lead Manager

Bofa Securities India Limited
Axis Capital Limited
Citigroup Global Markets India Private Limited
Hsbc Securities & Capital Markets Pvt Ltd
Iifl Securities Ltd
Jm Financial Limited
J.P. Morgan India Private Limited
Kotak Mahindra Capital Company Limited
Morgan Stanley India Company Pvt Ltd
Sbi Capital Markets Limited

Issue Size

Approx. ₹3,200.00 Cr

#Fresh Issue: Approx. ₹1,400.00 Cr

#Offer for Sale: Approx. ₹1,800.00 Cr

Retail Portion

QIB : 75% & NII : 25%

Subscription

5.45 times

IPO Docs

DRHP RHP

Nexus Select Trust REIT IPO Subscription Details

As on	QIB	NII	Total
Shares Offered / Reserved	101,052,450	Others: 84,210,600	N/A	185,263,050
Day 1 - 09-05-23 05:00 PM	0.16 x	0.20	N/A x	0.27 x
Day 2 - 10-05-23 05:00 PM	0.17 x	1.05	N/A x	0.57 x
Day 3 - 11-05-23 05:00 PM	4.81 x	6.23	N/A x	5.45 x

Nexus Select Trust REIT Valuations

Earnings Per Share (EPS)

₹N/A/-

P/E Ratio

N/A

RoNW

N/A%

Net Asset Value (NAV) - As on 31.03.22

₹N/A

Nexus Select Trust REIT Company Financials All values are in ₹ Cr.

	31-Dec-22	31-Mar-22	31-Mar-21	31-Mar-20
Assets	8,989.53	9,089.77	8,959.36	9,527.64
Revenue	1,498.35	1,398.52	1,047.97	1,708.19
Profit After Tax	257.02	-10.95	-199.11	206.74

About The Company

Nexus Select Trust is India's leading real estate investment trust. Nexus Select Trust is India's leading consumption centre platform with 17 Grade-A best-in-class Urban Consumption Centres spread across 14 cities.

The company owns 17 Grade A urban consumption centres with a total Leasable Area of 9.8 msf, two complementary hotel assets (354 keys), and three office assets of 1.3 msf as of December 31, 2022.

The company has curated a healthy mix of tenants across sectors such as apparel and accessories, hypermarket, entertainment, and food and beverages (F&B). Nexus is also working across 50+ ESG initiatives to create a positive impact on people and the environment.

Nexus Select Trust serves across 14 cities in India including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, which constituted 30% of India's total discretionary retail spending in FY20.

Nexus Select Trust REIT - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

Nexus Select Trust REIT IPO - Issue Objectives

Partial or full repayment or prepayment and redemption of certain financial indebtedness of the Asset SPVs and the Investment Entity
Acquisition of stake and redemption of debt securities in certain Asset SPVs
General purposes
The Nexus Select Trust will not receive any proceeds from the offer for sale and the proceeds received will not form part of the net proceeds.

Nexus Select Trust REIT IPO - Anchor Investors

Nexus Select Trust raises Rs 1,440 crore via anchor book ahead of IPO.
Investors participated in the anchor book included Morgan Stanley Asia, Segantii India Mauritius, HDFC Trustee, HDFC Life Insurance Company, Prusik Umberlla Ucits Fund Plc, IIFL Income Opportunities Fund, SBI Life Insurance, Star Health and Allied Insurance Company, ICICI Prudential, NPS Trust, SBI General Life Insurance, Ghisallo Master Fund LP, and Tata Investment Corporation.

Nexus Select Trust REIT IPO - FAQs

Ans. Nexus Select Trust REIT is a Mainboard IPO. The issue is priced at ₹95-100 per equity share. The minimum order quantity is 150 Shares. The IPO opens on May 9, 2023, and closes on May 11, 2023. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Nexus Select Trust REIT opens on May 9, 2023 and closes on May 11, 2023.

Ans. The size of Nexus Select Trust REIT is Approx. ₹3,200.00 Cr #Fresh Issue: Approx. ₹1,400.00 Cr #Offer for Sale: Approx. ₹1,800.00 Cr.

Ans. The IPO price band is set between ₹95-100 per equity share.

Ans. To apply for Nexus Select Trust REIT IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Nexus Select Trust REIT in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Nexus Select Trust REIT is May 16, 2023.

Ans. The Nexus Select Trust REIT will be listed on May 19, 2023.

Ans. Follow the steps to check the allotment status for Nexus Select Trust REIT here.