Property Share Investment Trust- Propshare Titania IPO

PropShare Titania is the second 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. PropShare Titania offers investors an opportunity to invest in various office premises across six floors of G Corp Tech Park, a Grade A+ commercial office building, located in Thane, Mumbai Metropolitan Region. PropShare Titania has a leasable area of 4,37,973 sf. PropShare Titania is fully leased to a mix of Fortune 500 companies, multinational companies (MNCs) and bluechip tenants, including Aditya Birla Capital (including its subsidiaries and group companies) - an Indian MNC conglomerate operating in the BFSI sector (Aditya Birla Capital), Convergys India Services Private Limited (acquired by Concentrix) (Concentrix), a Fortune 500 Healthcare Company and a Japanese MNC Conglomerate. (Source: JLL Report) Further, according to the JLL Report, Thane, MMR with its strategic location and connectivity, competitive office rentals and quality standard of living has evolved to become a key office destination.

Open Demat Account

50years

Property Share Investment Trust- Propshare Titania IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
₹ 0.04 LTBATBATBABSE₹ 473 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
21 Jul, 2525 Jul, 251 ₹ 10,00,000 Book Building-REITs - SME04 Aug, 25

Property Share Investment Trust- Propshare Titania IPO Dates

  • 21 Jul 2025

    Opening date

  • 25 Jul 2025

    Closing date

  • 30 Jul 2025

    Basis of
    Allotment

  • 31 Jul 2025

    Initiation of
    Refunds

  • 31 Jul 2025

    Credit of
    Shares

  • 04 Aug 2025

    Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building-REITs - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0.01x334719
NII6.49x11157234
Retail0x00
Employee0x00
Total1.63x44627253

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Property Share Investment Trust- Propshare Titania Financial Status

Income Statement

Balance Sheet

About Property Share Investment Trust- Propshare Titania

PropShare Titania has been set up on February 21, 2025 as the second scheme of Property Share Investment Trust registered 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 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 Titania is the second 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. PropShare Titania offers investors an opportunity to invest in various office premises across six floors of G Corp Tech Park, a Grade A+ commercial office building, located in Thane, Mumbai Metropolitan Region. PropShare Titania has a leasable area of 4,37,973 sf. PropShare Titania is fully leased to a mix of Fortune 500 companies, multinational companies (MNCs) and bluechip tenants, including Aditya Birla Capital (including its subsidiaries and group companies) - an Indian MNC conglomerate operating in the BFSI sector (Aditya Birla Capital), Convergys India Services Private Limited (acquired by Concentrix) (Concentrix), a Fortune 500 Healthcare Company and a Japanese MNC Conglomerate. (Source: JLL Report) Further, according to the JLL Report, Thane, MMR with its strategic location and connectivity, competitive office rentals and quality standard of living has evolved to become a key office destination.

Property Share Investment Trust- Propshare Titania IPO Key Points

Strengths

  • Project Titania, which is part of the G Corp Tech Park, is a Grade A+ campus style development, with LEED Platinum (O&M), WELL Health & Safety and BEE 5-star certifications.
  • Sound business model with embedded rental growth, stable cash flows and mark-to-market opportunity.
  • 100% occupancy by a diversified underlying tenant portfolio comprising of Fortune 500 companies, MNCs and blue-chip tenants including Aditya Birla Capital and Concentrix.
  • Low vacancy and projected 5-year rent CAGR of 5.6% from CY2024 in Thane, MMR for Grade A+ commercial assets. (Source: JLL Report).
  • ~300 meters from the metro station providing access to the upcoming Kasarvadavali station on the upcoming metro line 4 connecting Wadala, to Gaimukh, Thane, MMR. (Source: JLL Report).

Risk

  • While the company has executed the definitive agreements with respect to the Formation Transactions, the closing of these is subject to fulfilment of certain conditions. Therefore, its ability to consummate these transactions will impact the ability of the Investment Manager to complete this Issue.
  • The outstanding tax litigations of Titania SPV involve a substantial disputed amount of Rs. 710.11 million which could potentially have adverse effect on its business, financial condition, results of operations and cash flows.
  • Its business, revenues and profitability are dependent on the performance of the commercial real estate market in India. Fluctuations in the general economic, market and other conditions may affect the commercial real estate market in India, specifically in Thane, MMR region, and in turn, our ability to lease the SM REIT Asset to tenants on favourable terms.

Strategy

  • Capitalizing on embedded mark-to-market potential.
  • Proactive tenant management.
  • Leasing strategy.
  • Exit strategy.
  • Project Titania, which is part of the G Corp Tech Park, is a Grade A+ campus style development, with LEED Platinum (O&M), WELL Health & Safety and BEE 5-star certifications.
  • Sound business model with embedded rental growth, stable cash flows and mark-to-market opportunity.
  • 100% occupancy by a diversified underlying tenant portfolio comprising of Fortune 500 companies, MNCs and blue-chip tenants including Aditya Birla Capital and Concentrix.
  • Low vacancy and projected 5-year rent CAGR of 5.6% from CY2024 in Thane, MMR for Grade A+ commercial assets. (Source: JLL Report).
  • ~300 meters from the metro station providing access to the upcoming Kasarvadavali station on the upcoming metro line 4 connecting Wadala, to Gaimukh, Thane, MMR. (Source: JLL Report).

How To Apply for Property Share Investment Trust- Propshare Titania 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 Titania's IPO offers shares for up to ₹ 0 L It begins on Jul 21, 2025 and ends on Jul 25, 2025.

The price of Property Share Investment Trust- Propshare Titania IPO ranges between ₹1000000 to ₹1060000 per share.

The Property Share Investment Trust- Propshare Titania IPO opens on Jul 21, 2025 and closes on Jul 25, 2025.

The allotment for the Property Share Investment Trust- Propshare Titania IPO will be finalised on Jul 30, 2025. The shares will be listed on BSE and NSE on Aug 4, 2025.

The minimum lot size for Property Share Investment Trust- Propshare Titania IPO is 1 shares, priced between ₹1000000 to ₹1060000 per share.

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

To check the allotment status of Property Share Investment Trust- Propshare Titania 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 Titania IPO is getting listed on the BSE and NSE. Bidding opens on Jul 21, 2025, and closes on Jul 25, 2025. The allotment is finalised on Jul 30, 2025.

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