IPO GMP

Property Share REIT IPO GMP, GMP on IPO

Check out the Property Share REIT IPO GMP (Grey Market Premium) as of today. The GMP on IPO for Property Share REIT has started off strong. Stay tuned for the latest updates on Property Share REIT IPO GMP.

Property Share REIT IPO GMP

Property Share REIT IPO is set to open on December 2, 2024. The Property Share REIT IPO is a Mainboard IPO. The Property Share REIT IPO Price band is fixed at ₹10,00,000 to ₹10,50,000 with a lot of 1 share.

About Property Share REIT IPO

Incorporated on June 27, 2024, the Property Share Investment Trust operates under REIT regulations and laws as a small and medium-sized real estate investment trust. These trusts allow individuals to invest in real estate assets such as office buildings, malls, hotels, and hospitals. The primary objective of the Property Share Investment Trust is to raise funds, which will be used for the operation of the trust and other related activities.

In line with REIT regulations, the trust can only invest in specific schemes, including the development of Platina SPVs (Special Purpose Vehicles), covering mandatory costs such as stamp duty, registration fees, and surcharges, and providing funds to Platina SPVs for purchasing equity and debt instruments. The trust’s main goal is to own, operate, and invest in retail real estate properties that generate income and profit.

The management of the Property Share Investment Trust is overseen by non-independent directors, including Kunal Moktan, Hashim Qadeer Khan, and Benjamin Oliver Speat Cassey.

Property Share REIT IPO GMP Live Rates

DateIPO GMP
December 3, 2024₹-
December 2, 2024₹-
December 1, 2024₹-
November 30, 2024₹-
November 29, 2024₹-
November 28, 2024₹-

Property Share REIT IPO Details

Overview PointsDescription
Company NameProperty Share Investment Trust
IndustryReal Estate Investment Trust
IPO Issue TypeBook Built Issue
Open DateDecember 2, 2024
Close DateDecember 4, 2024
Total Issue SizeApprox ₹352.91 Crores
Fresh IssueApprox ₹352.91 Crores
Face Value₹[.] Per Equity Share
Price Band₹1000000 to ₹1050000 Per Share
Listing onNSE & BSE
Lot Size1 Shares Per Lot
Offer for SaleApprox [.] Equity Shares
Shares Offered to Retail0%
Shares Offered to QIB75%
Shares Offered to HNI25%

Property Share REIT IPO Dates

EventDate
IPO Open DateDecember 2, 2024
IPO Close DateDecember 4, 2024
Basis of AllotmentDecember 5, 2024
RefundsDecember 6, 2024
Credit to Demat AccountDecember 6, 2024
IPO Listing DateDecember 9, 2024

FAQs

What is the Current GMP for Property Share REIT IPO?

The Property Share REIT IPO GMP is ₹- as of today.

What are the Expected Returns for Property Share REIT IPO?

The expected returns for Property Share REIT IPO are -%.

Disclaimer:

  • The IPO Grey Market Premium (Property Share REIT IPO GMP) mentioned is applicable only for the specific date noted above.
  • We do not participate in buying or selling IPO forms in the Grey Market.
  • Please do not base your decision to subscribe to an IPO solely on the premium price, as it may fluctuate before the listing. Always consider the company’s fundamentals before investing.

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