Property Share Investment Trust REIT

Mainboard

Listed On: Dec 10, 2024 at ₹ 10,50,000(NSE)

₹ 1050000 /1 Shares

Check Allotment

Property Share Investment Trust REIT IPO Details

02 Dec, 2024

Open Date

04 Dec, 2024

Close Date

05 Dec, 2024

Allotment Date

10 Dec, 2024

Listing Date

Issue Price

₹1000000-1050000 per equity share

Face Value

₹ Per Equity Share

Listing at Group

BSE

Registrar

Kfin Technologies Limited

List Price

10,50,000(NSE)

Listing Date

2024-12-10

Market Lot

1 Shares (₹10,50,000/-)

Lead Manager

ICICI Securities Limited

Issue Size

3,361 shares(aggregating up to ₹352.91 Cr)

Retail Portion

QIB :75%
HNI : 25%

Subscription

1.19 times

IPO Docs

DRHP RHP

Property Share Investment Trust REIT IPO Subscription Details

As on	QIB	NII	Total
Day 3 - 04-12-24 05:00 PM	0.13 x	4.37	N/A x	1.19 x

Property Share Investment Trust REIT Company Financials All values are in ₹ Cr.

About The Company

Incorporated in June 2024, Property Share Investment Trust is a SEBI-registered small and medium real estate investment trust (REIT) designed to provide investors with access to diversified real estate opportunities. Committed to transparency and growth, the Trust operates under the regulatory framework of SEBI’s REIT regulations, ensuring structured and secure investments in the real estate sector.

Property Share Investment Trust's first programme under the new Trust is the PropShare Platina and is supported by six entirely-owned SPVs, tailored for greatest value to the investors at the same time, considering compliance.

Property Share Investment Trust has employed a trustee such as Axis Trustee Services Limited which has a credible track for reliability and competency; therefore making it a pillar for providing management and securing assets pertaining to the property Trust as far as all practices consider investor value.

Property Share Investment Trust REIT - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

Property Share Investment Trust REIT IPO - Issue Objectives

Acquisitions of the Project Platina by Platina SPVs as commercial office spaces and reimbursement of the payment of applicable statutory charges under applicable laws (including stamp duty, registration, surcharge and cess etc. for the registration of sale deeds) to the Investment Manager for the proposed acquisition of the Project Platina by the Platina SPVs as commercial office spaces by way of lending to the Platina SPVs and subscribing to the equity and debt instruments of the Platina.
General Purposes

Property Share Investment Trust REIT IPO - FAQs

Ans. Property Share Investment Trust REIT is a Mainboard IPO. The issue is priced at ₹1000000-1050000 per equity share. The minimum order quantity is 1 Shares. The IPO opens on Dec 2, 2024, and closes on Dec 4, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

Ans. The Property Share Investment Trust REIT opens on Dec 2, 2024 and closes on Dec 4, 2024.

Ans. The size of Property Share Investment Trust REIT is 3,361 shares(aggregating up to ₹352.91 Cr).

Ans. The IPO price band is set between ₹1000000-1050000 per equity share.

Ans. To apply for Property Share Investment Trust REIT IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Property Share Investment 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 Property Share Investment Trust REIT is Dec 5, 2024.

Ans. The Property Share Investment Trust REIT will be listed on Dec 10, 2024.

Ans. Follow the steps to check the allotment status for Property Share Investment Trust REIT here.