Property Share Investment Trust-Propshare Celestia IPO

Property Share Investment Trust-Propshare Celestia IPO

PropShare Celestia is the third scheme launched by Property Share Investment Trust, India's first small and medium real estate investment trust registered with the Securities and Exchange Board of India. Its third scheme i.e., PropShare Celestia represents the Scheme's offering across seven floors of Stratum @ Venus Grounds, a Grade A+ mixed-use commercial building with a unique atrium located in prime Nehru Nagar, Ahmedabad. Project Celestia has a Super Built-Up Area of 2,07,838 sq. ft and is 100% occupied by four tenants, including three managed-office operators - Smartworks Coworking Spaces Limited, EFC Limited (both publicly listed) and Paragraph Khajanchi Business Centre LLP (one of the top five co-working operators in Ahmedabad in terms of no. of operational seats) and a Swedish based listed telecommunications MNC. Lessees as managed office providers and co-working space operators have established managed office facilities at the Project Celestia for a diversified base of 10 occupiers, comprising three Fortune Global 500 companies, which include a Global Consulting company, a Global Technology company and a Global Chemical company, and one Fortune 500 company which is a US-based multinational FMCG company. Other notable end users include Tech Mahindra, US-based leading professional services firm, an Indian private sector bank, an Indian B2B e-commerce platform, Risk management and financial analytics solutions provider and Data analytics and business intelligence firm. This high-quality and diverse tenant mix ensures a stable and reliable income stream.

Property Share Investment Trust-Propshare Celestia IPO Details

Total Shares Offered

₹ 2,330

Offer to Public

TBA

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

TBA

Exchange

BSE

Issue size

₹ 244.65 Cr

IPO Open Date

Apr 10, 2026

Close Date

Apr 16, 2026

Lot Size

1

Min Investment

₹ 10,00,000

Issue Type

Book Building-REITs - SME

Listing Date

Apr 24, 2026

Property Share Investment Trust-Propshare Celestia IPO Dates

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Apr 10, 2026
Opening date
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Apr 16, 2026
Closing date
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Apr 17, 2026
Basis of Allotment
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Apr 20, 2026
Initiation of Refunds
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Apr 20, 2026
Credit of Shares
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Apr 24, 2026
Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building-REITs - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Property Share Investment Trust-Propshare Celestia Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operationsTBATBATBA
EBITDATBATBATBA
PATTBATBATBA
Total AssetsTBATBATBA
Share CapitalTBATBATBA
Total BorrowingsTBATBATBA
Operating Activities (Net Cash)TBATBATBA
Investing Activities (Net Cash)TBATBATBA
Financing Activities (Net Cash)TBATBATBA
Net CashflowTBATBATBA

About Property Share Investment Trust-Propshare Celestia

PropShare Celestia has been set up on December 12, 2025 as the third scheme of Property Share Investment Trust settled in the Republic of India as contributory, determinate and irrevocable trust on June 27, 2024, at Bangalore, Karnataka, India under the provisions of Indian Trusts Act, 1882 and registered as a small and medium real estate investment trust on August 5, 2024, under Regulation 26L (1) of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, as amended, having registration number IN/SM-REIT/24-25/0001.

PropShare Celestia is the third scheme launched by Property Share Investment Trust, India's first small and medium real estate investment trust registered with the Securities and Exchange Board of India. Its third scheme i.e., PropShare Celestia represents the Scheme's offering across seven floors of Stratum @ Venus Grounds, a Grade A+ mixed-use commercial building with a unique atrium located in prime Nehru Nagar, Ahmedabad. Project Celestia has a Super Built-Up Area of 2,07,838 sq. ft and is 100% occupied by four tenants, including three managed-office operators - Smartworks Coworking Spaces Limited, EFC Limited (both publicly listed) and Paragraph Khajanchi Business Centre LLP (one of the top five co-working operators in Ahmedabad in terms of no. of operational seats) and a Swedish based listed telecommunications MNC. Lessees as managed office providers and co-working space operators have established managed office facilities at the Project Celestia for a diversified base of 10 occupiers, comprising three Fortune Global 500 companies, which include a Global Consulting company, a Global Technology company and a Global Chemical company, and one Fortune 500 company which is a US-based multinational FMCG company. Other notable end users include Tech Mahindra, US-based leading professional services firm, an Indian private sector bank, an Indian B2B e-commerce platform, Risk management and financial analytics solutions provider and Data analytics and business intelligence firm. This high-quality and diverse tenant mix ensures a stable and reliable income stream.

Property Share Investment Trust-Propshare Celestia Key Points

Strengths

Project Celestia is a part of Stratum @ Venus Grounds, a landmark IGBC Platinum-certified, Grade A+ mixed-use commercial building, featuring a unique atrium.

Sound business model with embedded rental growth and stable cash flows backed by a long WALE of 6.72 years.

100% occupancy by a diversified underlying tenant and end user portfolio comprising of 3 Fortune Global 500 companies, one Fortune 500 company and other notable tenants.

Located within prime Nehru Nagar, between CBD & SBD and in proximity to major infrastructure developments like the BRTS, metro and upcoming bullet train, with low vacancy and no upcoming Grade A+ supply.

Experienced investment and asset management team with oversight and strong corporate governance through an experienced Board and marquee investors.

Risk

The company has not executed certain agreements for the proposed acquisition of the Project Celestia and the company's ability to consummate these transactions will impact the ability of the Investment Manager to complete this Issue.

PropShare Celestia has no operating history and may not be able to operate its business successfully, achieve its business objectives or generate sufficient cash flows to make or sustain distributions.

A substantial portion (approximately 97.32% of total Super Built-Up Area) of the Project Celestia have been leased to managed office providers and co-working space operators who have further entered into contracts with end users, and any adverse impact on the business of such end users may adversely affect its lessees' ability to meet their obligations and, consequently, the company's revenues and financial condition.

Strategy

Proactive tenant management.

Leasing strategy.

Exit strategy.

How To Apply for Property Share Investment Trust-Propshare Celestia IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

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

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Property Share Investment Trust-Propshare Celestia's IPO offers shares for up to 244.65 It begins on Apr 10, 2026 and ends on Apr 16, 2026.

What is the price of the Property Share Investment Trust-Propshare Celestia IPO?

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The price of Property Share Investment Trust-Propshare Celestia IPO ranges between ₹10,00,000 to ₹1050000 per share.

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

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The Property Share Investment Trust-Propshare Celestia IPO opens on Apr 10, 2026 and closes on Apr 16, 2026.

When will the Property Share Investment Trust-Propshare Celestia IPO be allotted?

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The allotment for the Property Share Investment Trust-Propshare Celestia IPO will be finalised on Apr 17, 2026. The shares will be listed on BSE and NSE on Apr 24, 2026.

What is the minimum lot size required for Property Share Investment Trust-Propshare Celestia IPO?

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The minimum lot size for Property Share Investment Trust-Propshare Celestia IPO is 1 shares, priced between ₹1000000 to ₹1050000 per share.

What is the GMP of Property Share Investment Trust-Propshare Celestia IPO?

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The GMP (Grey Market Premium) of Property Share Investment Trust-Propshare Celestia IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Property Share Investment Trust-Propshare Celestia IPO?

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To check the allotment status of Property Share Investment Trust-Propshare Celestia IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

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

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The Property Share Investment Trust-Propshare Celestia IPO is getting listed on the BSE and NSE. Bidding opens on Apr 10, 2026, and closes on Apr 16, 2026. The allotment is finalised on Apr 17, 2026.

How do you apply for the Property Share Investment Trust-Propshare Celestia IPO?

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To apply for the Property Share Investment Trust-Propshare Celestia IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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