Property Share Investment Trust- Propshare Platina IPO

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. The investment of the Schemes shall only be in completed and revenue generating real estate properties through SPVs. PropShare Platina: The PropShare Platina is the first scheme of the REIT and includes commercial office spaces in Bangalore.

Open Demat Account

50years

Property Share Investment Trust- Propshare Platina IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 0.03 LTBATBATBABSE₹ 353 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
02 Dec, 2404 Dec, 241 ₹ 10,00,000 Book Building-REITs - SME10 Dec, 24

Property Share Investment Trust- Propshare Platina IPO Dates

  • 02 Dec 2024

    Opening date

  • 04 Dec 2024

    Closing date

  • 09 Dec 2024

    Basis of
    Allotment

  • 11 Dec 2024

    Initiation of
    Refunds

  • 11 Dec 2024

    Credit of
    Shares

  • 10 Dec 2024

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building-REITs - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0.13x2521334
NII4.37x8403668
Retail0x00
Employee0x00
Total1.19x33614002

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Property Share Investment Trust- Propshare Platina Financial Status

Income Statement

Balance Sheet

About Property Share Investment Trust- Propshare Platina

Registered in the Republic of India as contributory, determinate and irrevocable trust on June 27, 2024, at Bangalore, Karnataka, India under the Indian Trusts Act, 1882 and as a small and medium real estate investment trust on August 5, 2024, under the Regulation 26(L)(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.

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. The investment of the Schemes shall only be in completed and revenue generating real estate properties through SPVs. PropShare Platina: The PropShare Platina is the first scheme of the REIT and includes commercial office spaces in Bangalore.

Property Share Investment Trust- Propshare Platina IPO Key Points

How To Apply for Property Share Investment Trust- Propshare Platina 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.

Get your FAQs right

Property Share Investment Trust- Propshare Platina's IPO offers shares for up to ₹ 0 L It begins on Dec 2, 2024 and ends on Dec 4, 2024.

The price of Property Share Investment Trust- Propshare Platina IPO ranges between ₹1000000 to ₹1050000 per share.

The Property Share Investment Trust- Propshare Platina IPO opens on Dec 2, 2024 and closes on Dec 4, 2024.

The allotment for the Property Share Investment Trust- Propshare Platina IPO will be finalised on Dec 9, 2024. The shares will be listed on BSE and NSE on Dec 10, 2024.

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

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

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

The Property Share Investment Trust- Propshare Platina IPO is getting listed on the BSE and NSE. Bidding opens on Dec 2, 2024, and closes on Dec 4, 2024. The allotment is finalised on Dec 9, 2024.

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