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IPO Property Share Investment Trust- Propshare Platina

  • Price Range

    ₹10,00,000 - ₹10,50,000

  • Min. Quantity

    1

  • Closes on

    4 December 2024

  • Min. investment

    ₹10,50,000/0 Shares

Property Share Investment Trust- Propshare Platina IPO Timeline

The Property Share Investment Trust (REIT) is India's first registered Small and Medium Real Estate Investment Trust. The object and purpose of the REIT is to carry on the activity of a small and medium real estate investment trust through one or more Schemes, as permitted under the REIT Regulations. Each Scheme may have its own investment objectives, in accordance with the REIT Regulations.

EventDate
Property Share Investment Trust- Propshare Platina IPO Opening Date2 December 2024
Property Share Investment Trust- Propshare Platina IPO Closing Date 4 December 2024
Basis of Allotment9 December 2024
Initiation of Refunds11 December 2024
Credit of Shares to Demat11 December 2024
Property Share Investment Trust- Propshare Platina IPO Listing Date10 December 2024

Property Share Investment Trust- Propshare Platina IPO Details

Property Share Investment Trust- Propshare Platina IPO Date2 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 Size1
Issue Size Shares of ₹10 (aggregating up to ₹353 Cr)
Fresh Issue Shares of ₹10 (aggregating up to ₹353 Cr)
Offer for Sale-
Issue TypeBook Building-REITs
Listing At BSE, NSE
QIB Shares OfferedNot more than 2,514 of the Net Offer
Retail Shares Offered-
NII (HNI) Shares OfferedNot 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 LotsSharesAmount
Minimum11₹10,50,000
Maximum-0₹0
  • 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)

    CategoryQIBNIIRetailEmployeeTotal
    Subscription (times)0.134.37--1.19

    Property Share Investment Trust- Propshare Platina IPO Prospectus

    Property Share Investment Trust- Propshare Platina IPO Listing Date

    BSE Script 544295
    NSE Symbol-
    Listing In BSE, NSE
    ISININE19RO25013
    IPO Price₹10,50,000
    Face Value10,50,000

    Company Contact Information

    Property Share Investment Trust- Propshare Platina
    16th Floor SKAV Seethalakshmi21/22 Kasturba Road,Bangalore-560001
    Phone: 91-80-31003902
    Email: compliance.officer@propertyshare.in
    Website: www.propertyshare.in

    Property Share Investment Trust- Propshare Platina IPO Registrar

    Phone:91 40 6716 2222
    Email: einward.ris@kfintech.com
    Website: www.kfintech.com

    Property Share Investment Trust- Propshare Platina IPO Lead Manager(s)

    1. ICICI Securities Ltd

    FAQ

    What is the issue size of Property Share Investment Trust- Propshare Platina IPO?

    Property Share Investment Trust- Propshare Platina IPO, which opens for subscription from to 4 December 2024 has an issue size of ₹353 crore. The issue type is book building issue.

    I have pre-applied for Property Share Investment Trust- Propshare Platina IPO. When will my order get placed?

    In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.

    What are the open and close dates for Property Share Investment Trust- Propshare Platina IPO?

    Property Share Investment Trust- Propshare Platina IPO Opens for subscription from 2 December 2024 to 4 December 2024

    What is the lot size and minimum order quantity of the Property Share Investment Trust- Propshare Platina IPO?

    The lot size of Property Share Investment Trust- Propshare Platina is 1 shares. Retail investors can subscribe to minimum 1 lot and maximum 0 lots. The minimum and maximum application value is ₹10,50,000 and ₹0 respectively.

    What are the allotment dates for the Property Share Investment Trust- Propshare Platina IPO?

    Allotment date for Property Share Investment Trust- Propshare Platina is 9 December 2024 and refund of application amount (in case allotment is not received) will begin from 11 December 2024. If your allotment goes through, then shares will be credited in your Demat account by 11 December 2024.

    Who is the registrar of Property Share Investment Trust- Propshare Platina IPO?

    The registrar for Property Share Investment Trust- Propshare Platina IPO is KFin Techologies Ltd . You can check your IPO allotment status on the registrar's website.

    Where is the Property Share Investment Trust- Propshare Platina IPO getting listed?

    The shares of Property Share Investment Trust- Propshare Platina are proposed to be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE)