PropShare Titania IPO: Check IPO Date, Live Subscription and Key Details
PropShare Titania is the second scheme launched by Property Share Investment Trust, a SEBI-registered Small and Medium Real Estate Investment Trust (SM REIT) in India. The scheme focuses on acquiring and managing commercial real estate assets. PropShare Titania has a total leasable area of 437,973 sq. ft. of Grade A+ commercial property located in Thane, Mumbai. This property is leased to high-quality tenants, including Aditya Birla, a Fortune 500 healthcare company, and Concentrix. Axis Trustee Services Limited serves as the Trustee of the scheme.
Price Range
₹10 L - 10.6 L
Issue Size
₹473 Cr
Lot Size
1 shares
IPO Type
Mainboard
GMP
-
Est. Listing Price
₹10,60,000
Estimate Profit
-
Retail Portion
-
Key Metrics
Check Live GMPGMPFace Value
₹0
EPS
0
P/E Ratio
0
RoNW
0%
ROE
0%
Advertisement
Timeline
IPO Opens
21 Jul
IPO Closes
25 Jul
Allotment
30 Jul
Listing
4 Aug
IPO Timeline & Listing Details
| Event | Date | Details |
|---|---|---|
| IPO Open Date | 21 July 2025 | Subscription starts |
| IPO Close Date | 25 July 2025 | Subscription ends |
| Allotment Date | 30 July 2025 | Allotment |
| Listing Date | 4 August 2025 | Listing |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹10,60,000 |
Retail (Max)Just less than ₹2,00,000 | 0 | ₹0 |
SHNI (Min)Just above ₹2,00,000 | 1 | ₹10,60,000 |
SHNI (Max)Below ₹10,00,000 | 0 | ₹0 |
BHNIAbove ₹10,00,000 | 1 | ₹10,60,000 |
IPO Objectives
- Acquisition of the entire issued and paid-up equity share capital of the Titania SPV as per the Share Purchase Agreement.
- Providing loan to the Titania SPV for extinguishment and redemption of the debenture liability of the Titania SPV, by redeeming the OCDs* (including any accrued interest).
- General purposes.
Strengths
- Investment in Grade A+ commercial property in a prime location (Thane, Mumbai), ensuring high-quality assets.
- Leased to strong, reputable tenants like Aditya Birla and Concentrix, providing stable rental income and reducing vacancy risks.
- Diversification benefit for investors by providing exposure to institutional-grade real estate with smaller ticket sizes.
- Potential for capital appreciation from increasing property values and rental growth.
- Managed by a SEBI-registered REIT, ensuring regulatory oversight and transparency.
Weaknesses
- Limited liquidity compared to traditional equity IPOs, as SM REITs cater to a specific investor segment and trading volumes might be lower.
- Dependence on rental income and tenant quality: Any default by anchor tenants or difficulty in re-leasing space at favorable terms could impact distributions and property valuation.
- Concentration risk in a single asset: As the second scheme, it currently focuses on one specific property. Lack of diversification across multiple properties or geographies could increase risk.
- Market value of the units may fluctuate with changes in real estate market conditions, interest rates, and economic cycles.
- High minimum investment amount (₹10,60,000 per lot) limits accessibility to a broad retail investor base, targeting primarily HNIs and institutional investors.
Advertisement
Financial Performance
| Period Ended |
|---|
| Assets (₹ Cr.) |
| Revenue (₹ Cr.) |
| PAT (₹ Cr.) |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|
Subscription Details
No daily bids available.
No subscription statistics available.
Advertisement
Company Details
- Property Share Investment Trust REIT
- 16th Floor, SKAV Seethalakshmi, 21/22, Kasturba Road, Bangalore Urban, -560001
- 80 3100 3902
- compliance.officer@propertyshare.in
- http://www.psreit.in/
Registrar Details
- Kfin Technologies Limited
- 04067162222, 04079611000
- propshare.ipo@kfintech.com
- https://kosmic.kfintech.com/ipostatus/
Loading comments...