Propetry Share InvIT IPO Analysis @ Chanakyanipothi.com,
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There is no retail portion in this investment trust IPO.
Propetry Share InvIT IPO Subscriptions (Day 1)Price Rs. 10000 Lot 1 shares, Net Rs. 352.91 Crore |
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QIB | B HNI X | S HNI X | NII X | RII X | Total X |
Applications: 2,74,487 / (12.65x) |
Propetry Share InvIT IPO Promoters
N.A.
Elaborate Company details of Propetry Share InvIT
Established in June 2024, Property Share Investment Trust is a SEBI-registered real estate investment trust (REIT) focusing on small and medium-sized properties. The Trust’s inaugural scheme, PropShare Platina, is structured with six wholly owned Special Purpose Vehicles (SPVs), in compliance with REIT Regulations.
Axis Trustee Services Limited serves as the Trustee of Property Share Investment Trust, offering the following services:
For more information, click http://www.propertyshare.in/
Objects of the IPO
The Offer Proceeds are proposed to be utilised in accordance with the details provided in the following table:
- 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
Propetry Share InvIT IPO Details | |
IPO opens on | 2 December 2024 |
IPO closes on | 4 December 2024 |
Issue Type | Book Built Issue IPO |
Issue Size | 3361 Shares / Rs 352.91 Cr |
* Fresh Issue | 3361 Shares / Rs 352.91 Cr |
* Offer for Sale | – |
Face Value per share: | Rs. 1 |
Price Band | Rs. 10,000 |
Retail Discount | Rs 0 per share |
Employee discount | Rs. 0 per share |
Retail Lot Size | 1 Shares |
Listing will at | BSE, NSE |
Shares offered to | Shares | Rs. in Cr |
QIB (75 %) | 2521 | 246.68 |
NII (25 %) | 840 | 88.23 |
RII (0 %) | – | – |
Employees | – | – |
Total Shares | 3361 | 352.91 |
Retail portion will be oversubscribed by | 152295 Forms. | |
How much Shares to Apply? | Amount Rs. |
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Min Retail Application | ||
Max Retail Application | ||
Small HNI (Min) application | ||
Small HNI (Max) application | ||
Big HNI Application |
Propetry Share InvIT IPO Tentative timetable | |
IPO opens on | 2 December 2024 |
IPO Closes on | 4 December 2024 |
IPO Allotment on | 5 December 2024 |
Unblocking of ASBA | 6 December 2024 |
Credit of Shares | 6 December 2024 |
Listing on | 9 December 2024 |
Registered Office of Propetry Share InvIT | |
Property Share Investment Trust 16th Floor, SKAV Seethalakshm Kasturba Road, Bangalore-560001 |
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Lead Managers ICICI Securities Limited |
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Registrar to IPO | |
Kfin Technologies Limited |
Propetry Share InvIT IPO Financial & Analytical Ratios | ||||
Year | Total Income | Net Profit | EPS | RoE |
Rs. in Cr | Rs.in Cr | Rs. | % | |
Ratio Analysis | |
Propetry Share InvIT IPO Peer Comparison
As on the date of RHP | FV | Total | PE |
Rs. | Income | Ratio | |
Rs. In Crore | |||
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