Property Share REIT IPO GMP Today, Property Share REIT IPO Grey Market Premium Updates | Property Share REIT IPO, Latest target, Opening gain
Property Share REIT IPO began on Dec 02, 2024. It will close on Dec 04, 2024. The Total IPO Size is ₹ 352.91 Crore Approx. The company set its IPO price is ₹ 1000000 to ₹ 1050000 per share Per Share. There are three basic categories in Property Share REIT IPO Subscription:- 1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
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 provides the following services as
- Debenture trustee;
- Security trustee,
- Facility agent;
- 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.
- Escrow agency,
- Custody services;
The Trustee of Property Share Investment Trust is Axis Trustee Services Limited.
Property Share REIT IPO Details:
| Issuer | Property Share REIT IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: -Dec 02, 2024 | |
| Issue Closes: -Dec 04, 2024 | ||
| Price Brand | ₹1000000 to ₹1050000 per share | |
| Issue Size | ₹ 352.91 Cr | |
| Face Value | ₹- per share | |
| Market Lot | 1 Shares | |
| Retail (Max) | ₹- | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | Share -3,361 | |
PROPERTY SHARE REIT IPO GMP Rates day by day
Property Share REIT IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | |||
| Retail (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
Property Share REIT IPO Date, Allotment & Listing:
| Property Share REIT IPO Opening Date: | Dec 02, 2024 |
| Property Share REIT IPO Closing Date: | Dec 04, 2024 |
| Basis of Allotment: | Dec 05, 2024 |
| Initiation of Refunds: | Dec 06, 2024 |
| Credit to Demat Account: | Dec 06, 2024 |
| Listing Date: | Dec 09, 2024 |
Property Share REIT Limited Financial Information (Restated)
COMING SOON
Key Performance Indicator
COMING SOON
Objects of the Issue (Property Share REIT IPO Objectives)
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
PROPERTY SHARE REIT IPO ALLOTMENT STATUS
How to Apply for Property Share REIT IPO?
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How to Apply Property Share REIT IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Property Share REIT”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Property Share REIT IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Property Share REIT”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Property Share REIT IPO?
Property Share REIT IPO is a main-board initial public offering of 3,361 Equity shares of the face value of ₹- aggregating up to ₹352.91 Crores. The issue price of the IPO is ₹- to ₹- Per Equity Share. The minimum order quantity is – Shares per application and the offer type is Book Built Issue. The IPO opens on Dec 02, 2024 and closes on Dec 04, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Property Share REIT IPO opens on Dec 02, 2024 and closes on Dec 04, 2024
How to apply for Property Share REIT IPO?
You can apply in Property Share REIT IPO online using either UPI or ASBA as payment method. ICICI Securities Limited is the book running lead manager of the Property Share REIT IPO, while Kfin Technologies Limited is the registrar for the issue.
When Property Share REIT IPO allotment?
The finalization of Basis of Allotment for Property Share REIT IPO will be done on Dec 05, 2024 and the allotted shares will be credited to your demat account by Dec 06, 2024
Check the Property Share REIT IPO allotment status.
When is Property Share REIT IPO listing date?
The Property Share REIT IPO listing date is not yet announced. The tentative date of Property Share REIT IPO listing is Dec 09, 2024
What is the lot size of Property Share REIT IPO?
Property Share REIT lot size is 1 Shares and the minimum order quantity is 1 Share.