Mindspace IPO from Mindspace Business Parks REIT, IPO Review, Dates, Price Bands, Market Lot, Mindspace REIT IPO Grey Market Price Details

Mindspace Business Parks REIT, backed by Mumbai-based realtor K Raheja Corp and private equity firm Blackstone Group, is expected to launch its initial public offering (IPO) in July-end to raise Rs 4,500 crore. K Raheja Corp has filed the offer document with SEBI for the proposed IPO.

Mindspace Business Parks REIT, after filing a revised draft prospectus with the Securities and Exchange Board of India (SEBI), has made it clear that it is not looking to hold back on its proposed initial public offering (IPO).

The IPO will include a fresh issue of Rs 1,000 crore, and an offer for sale (OFS), where existing shareholders will part with some of their holdings. Mindspace Business Parks REIT is a joint venture owned by real estate developer K Raheja Group and private equity firm Blackstone Group. Earlier the company had filed a draft prospectus with SEBI in December last year.

• Issue opens on: July 27, 2020
• Issue closes on: July 29, 2020
• Fresh issue: Rs 1,000 crore
• Offer for sale: Rs 3,500 crore
• Listing on: NSE, BSE

https://www.sebi.gov.in/filings/reit-issues/jul-2020/mindspace-business-parks-reit_47079.html

About Mindspace Business Parks REIT

They own a quality office portfolio located in four key office markets of India. Their Portfolio has Total Leasable Area of 29.5 msf and is one of the largest Grade-A office portfolios in India.

This Company’s Portfolio comprises 19.8 msf of Completed Area, 6.1 msf of Under Construction Area and 3.6 msf of Future Development Area.

Their Portfolio has five integrated business parks with superior infrastructure and amenities (such as restaurants, crèches and outdoor sports arenas) and five quality independent offices.

This company’s assets provide a community-based ecosystem and they believe that they have been developed to meet the evolving standards of tenants and the demands of “new age businesses”, which makes them among the preferred options for both multinational and domestic corporations.

Mindspace REIT IPO Details

Mindspace REIT IPO Dates

• IPO Opening Date: 27 July 2020
• IPO Closing Date: 29 July 2020
• Finalisation of Basis of Allotment: 6 August 2020
• Initiation of refunds: 7 August 2020
• Credit to Demat Account: 10 August 2020
• Listing Date: 12 August 2020

Summary of Mindspace REIT IPO

How to check Mindspace Business Parks REIT IPO Allotment Status?

Mindspace Business Parks REIT IPO allotment status will be available on KFin Technologies’ website. Click on https://corpreg.karvy.com/ipostatus/ to get allotment status.

Mindspace Business Parks REIT IPO –

Promoters The Sponsors of this company are:

• Axis Trustee Services Limited
• Cape Trading LLP
• Anbee Constructions LLP

Mindspace REIT IPO GMP Rates day by day with Kotak rates

Mindspace REIT IPO GMP Today, Mindspace REIT IPO Grey Market Premium Updates

Grey market premium as on today is ₹10-15, Kostak ₹200 & Subject to Sauda is ₹2000.

Mindspace REIT IPO Allotment Status, Date & Basis of Allotment Details

Mindspace REIT IPO allotment status online. You can check Mindspace REIT allotment via application number or pan card.

Mindspace Business Parks REIT IPO Allotment & Listing Details:

Mindspace Business Parks REIT IPO Lead Managers

• Ambit Private Limited
• Axis Capital Limited
• BoA Merrill Lynch
• Citigroup Global Markets India Private Limited
• CLSA India Private Limited
• HDFC Bank Limited
• ICICI Securities Limited
• IDFC Bank Limited
• JM Financial Consultants Private Limited
• Kotak Mahindra Capital Company Limited
• Morgan Stanley India Company Pvt Ltd
• Nomura Financial Advisory And Securities (India) Pvt Ltd
• UBS Securities India Private Limited

Company Address:

Mindspace Business Parks
Raheja Tower, Level 8, Block ‘G’,
C-30, Bandra Kurla Complex,
Mumbai – 400 051
Phone: +91 2656 4000
Fax: +91 22 2656 4747
Compliance Officer: Vishal Kumar
Email: reitcompliance@mindspacereit.com
Website: https://www.mindspacereit.com/

Mindspace Business Parks REIT IPO Registrar to Offer

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