Property Share Investment Trust- Propshare Platina IPO
Price Range
₹10,00,000 - ₹10,50,000
-
Min. Quantity
1 Shares
Closes on
4 December 2024
-
Min. investment
₹10,50,000
Property Share Investment Trust- Propshare Platina IPO Timeline
| Event | Date |
|---|---|
| Property Share Investment Trust- Propshare Platina IPO Opening Date | 2 December 2024 |
| Property Share Investment Trust- Propshare Platina IPO Closing Date | 4 December 2024 |
| Basis of Allotment | 9 December 2024 |
| Initiation of Refunds | 11 December 2024 |
| Credit of Shares to Demat | 11 December 2024 |
| Property Share Investment Trust- Propshare Platina IPO Listing Date | 10 December 2024 |
Property Share Investment Trust- Propshare Platina IPO Details
| Property Share Investment Trust- Propshare Platina IPO Date | 2 December 2024 to 4 December 2024 |
| Property Share Investment Trust- Propshare Platina IPO Face Value | ₹10 per share |
| Property Share Investment Trust- Propshare Platina IPO Price | ₹1000000 to ₹1050000 per share |
| Property Share Investment Trust- Propshare Platina IPO Lot Size | 1 |
| Issue Size | Shares of ₹10 (aggregating up to ₹353 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹353 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building-REITs |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 2,514 of the Net Offer |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | Not less than 839 of the Net Offer |
| Company Promoters |
Property Share Investment Trust- Propshare Platina IPO Lot Size
The Property Share Investment Trust- Propshare Platina IPO lot size is 1 shares. A retail-individual investor can apply for up to 0 lots (0 shares or ₹0).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1 | ₹10,50,000 |
| Maximum | - | 0 | ₹0 |
- Strengths
- Risks
- Opportunities
- Grade A, LEED Gold asset built by one of India's leading developers, The Prestige Group.
- Located on the Outer Ring Road, Bangalore's largest office market.
- 100% proposed lease to a US-based technology company.
- Stable cash flows from a long 9-year lease and a 3-7 year staggered lock-in period under the proposed lease.
- Inflation linked cash flows with contracted escalations every 3 years under the proposed lease.
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
Property Share Investment Trust- Propshare Platina IPO Subscription Status (Bidding Detail)
The Property Share Investment Trust- Propshare Platina IPO is subscribed 1.19 times on 4 December 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0.13 times in the QIB category, and 4.37 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 0.13 | 4.37 | - | - | 1.19 |
Property Share Investment Trust- Propshare Platina IPO Prospectus
Property Share Investment Trust- Propshare Platina IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE19RO25013 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
,-
Phone:
Email: -
Website: -
Property Share Investment Trust- Propshare Platina IPO Registrar
Property Share Investment Trust- Propshare Platina IPO Lead Manager(s)
- ICICI Securities Ltd
How to Check the Allotment Status of Property Share Investment Trust- Propshare Platina IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Property Share Investment Trust- Propshare Platina” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Property Share Investment Trust- Propshare Platina IPO
Property Share Investment Trust- Propshare Platina IPO was open for subscription from 2 December 2024 - 4 December 2024. The ceiling for application under the retail category was set at Rs 2 Lakh. Minimum bid quantity was 1 and bid range was ₹1000000 - ₹1050000.
A few of the company's key strengths include Grade A, LEED Gold asset built by one of India's leading developers, The Prestige Group , Located on the Outer Ring Road, Bangalore's largest office market , 100% proposed lease to a US-based technology company , Stable cash flows from a long 9-year lease and a 3-7 year staggered lock-in period under the proposed lease , Inflation linked cash flows with contracted escalations every 3 years under the proposed lease . Apply Now!