PropShare SM REIT IPO Opens On 2 Dec: Check Profit Estimates, Valuations, Financial Performance

PropShare SM REIT IPO Opens On 2 Dec: Check Profit Estimates, Valuations, Financial Performance



PropShare SM REIT IPO GMP

PropShare SM REIT IPO description –

Property Share, founded in 2016, is a fractional ownership platform that allows investors to invest in real estate assets. It has recently made headlines by becoming the first company in India to register a Small and Medium Real Estate Investment Trust (SM REIT) with the Securities and Exchange Board of India (SEBI) under the name Property Share Investment Trust (PSIT). The company aims to democratize real estate investment by lowering the entry barrier for retail investors.

The property spans a leasable area of 246,935 square feet and is proposed to be fully leased to 24[7].ai (24/7 Customer Private Limited), a US-based technology company, under a 9-year lease agreement. Notably, 24[7].ai is also the proposed seller of the assets, referred to as Project Platina. The scheme is designed to offer a projected distribution yield of 9.0% for the financial year 2026, 8.7% for FY 2027, and 8.6% for FY 2028. These projected yields are based on assumptions and estimates deemed appropriate and reasonable by the Investment Manager at the time of preparation.

PropShare SM REIT IPO Subscription Status

Sponsors of PropShare SM REIT –


PropShare SM REIT IPO Details

PropShare SM REIT IPO Dates 2 – 4 December 2024
PropShare SM REIT Issue Price Coming soon
Fresh issue Coming soon
Offer For Sale Coming soon
Total IPO size INR 353 crore
Minimum bid (lot size) Coming soon
Face Value  Not applicable
NII Allocation Coming soon
Listing On BSE, NSE

PropShare SM REIT Financial Performance

  FY 2021 FY 2022 FY 2023 FY 2024
Revenue
Expenses
Net income
PAT Margin (%)
Figures in INR Crores unless specified otherwise

PropShare SM REIT Offer News


PropShare SM REIT IPO GMP Today


PropShare SM REIT IPO Subscription – Live Updates

Coming soon


PropShare SM REIT IPO Allotment Status

PropShare SM REIT IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.


PropShare SMREIT IPO Dates & Listing Performance

IPO Opening Date 2 December 2024
IPO Closing Date 4 December 2024
Finalization of Basis of Allotment 5 December 2024
Initiation of refunds 6 December 2024
Transfer of shares to demat accounts 6 December 2024
PropShare SM REIT IPO Listing Date 9 December 2024
Opening Price on NSE SME Coming soon
Closing Price on NSE SME Coming soon

PropShare SM REIT IPO Reviews – Subscribe or Avoid?

Aditya Birla Capital –
Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
BP Wealth –
Canara Bank Securities –
Centrum Broking –
Choice Broking –
Dalal & Broacha –
Elite Wealth –
Geojit –
GEPL Capital –
Hem Securities –
ICICIdirect –
Jainam Broking –
KR Choksey –
LKP Research –
Marwadi Financial –
Motilal Oswal –
Nirmal Bang –
Reliance Securities –
Religare Broking –
Samco Securities –
SBI Capital –
SMC Global –
Swastika Investmart –
Ventura Securities –


PropShare SM REIT Offer Lead Manager

ICICI SECURITIES LIMITED
4th Floor, ICICI Venture House, Appasaheb Marathe Marg
Prabhadevi, Mumbai 400 025, Maharashtra
Phone: +91 22 6807 7100
Email: [email protected]
Website: www.icicisecurities.com


PropShare SM REIT Offer Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]
Website: www.kfintech.com


PROPERTY SHARE INVESTMENT TRUST
16th Floor, SKAV Seethalakshmi, 21/22,
Kasturba Road, Bangalore 560001, India
Phone: +91 80 3100 3902
E-mail: [email protected]
Website: www.propertyshare.in


PropShare SM REIT IPO FAQs

How many shares in PropShare SM REIT IPO are reserved for HNIs and retail investors?

The investors’ portion for Institutional Investors – %, and NII – %.

How to apply for PropShare SM REIT Public Offer?

The best way to apply for PropShare SM REIT public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is PropShare SM REIT IPO GMP today?

PropShare SM REIT IPO GMP today is INR NA per share.

What is the PropShare SM REIT kostak rate today?

PropShare SM REIT kostak rate today is INR NA per application.

What is PropShare SM REIT Subject to Sauda rate today?

PropShare SM REIT Subject to Sauda rate today is INR NA per application.



Source link

Financial News Made Simple

Join Riverwood Capital and get your daily dose of the latest, most important Financial developments.

Leave a Reply

Shopping Cart
Scroll to Top