Property Share Investment Trust

Company Profile
Company Name Property Share Investment Trust
Open Date 02-12-2024
Close Date 04-12-2024
Exchange BSE
Lot Size 1 Unit
Issue Price ₹10,00,000 to ₹10,50,000 per unit
Issue Size 3,361 units
Application Amount ₹10,50,000 (1 unit)
Recommendation Avoid

Incorporation & Business Activity: Incorporated in June 2024, Property Share Investment Trust is a SEBI-registered small and medium real estate investment trust. The Trust’s first scheme is PropShare Platina, which has six wholly owned SPVs under its structure as per the REIT Regulations.
Human Resource: Investment Manager’s team consists of 43 employees.

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Financial Projection in Cr

KPI’s FY 26 FY 27 FY 28
Revenue 29.07 29.07 31.05
NOI 29.87 29.87 30.37
EBITDA 30.71 30.68 31.22
CFO 29.68 29.68 30.16
NDCF 31.69 30.79 30.21

Tentative Timeline

Opening Date 02/12/2024
Closing Date 04-12-2024
Basis of Allotment 05-12-2024
Initiation of Refunds 06-12-2024
Credit of Shares to Demat 06-12-2024
Listing Date 09-12-2024

Objects of the Issue

Acquisitions of the Project Platina by Platina SPVs as commercial office spaces and reimbursement of the payment of applicable statutory charges under applicable laws (including stamp duty, registration, surcharge and cess etc. for the registration of sale deeds) to the Investment Manager for the proposed acquisition of the Project Platina by the Platina SPVs as commercial office spaces by way of lending to the Platina SPVs and subscribing to the equity and debt instruments of Platina SPVs
General Purposes

Contact Information

Registered Office Property Share Investment Trust 16th Floor, SKAV Seethalakshm Kasturba Road, Bangalore-560001
Phone +91 80 3100 3902
Email compliance.officer@propertyshare.in
Website http://www.propertyshare.in/

Registrar Details

Name KFin Technologies Limited
Phone 04067162222, 04079611000
Email propshare.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 75% of the Net Issue
NII (HNI) Shares Offered Not less than 25% of the Net Issue

Shareholding Pattern

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