PropShare SM REIT IPO GMP, Review, Price, Allotment

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.

Sponsors of PropShare SM REIT –

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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

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PropShare SM REIT Financial Performance

	FY 2021	FY 2022	FY 2023	FY 2024
Revenue
Expenses
Net income
PAT Margin (%)

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PropShare SM REIT Offer News

• PropShare SM REIT RHP
• PropShare SM REIT Draft Prospectus
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

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PropShare SM REIT IPO GMP Today

Date	Consolidated IPO GMP	Kostak	Subject to Sauda
Coming soon	–	–	–

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PropShare SM REIT IPO Subscription – Live Updates

Coming soon

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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.

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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

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PropShare SM REIT IPO Reviews – Subscribe or Avoid?

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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

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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

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PropShare SM REIT Contact Details

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

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PropShare SM REIT IPO FAQs