Brookfield India Real Estate Trust REIT were trading at Rs 262.65 at 10:27 IST on the BSE, at a discount of 4.49% over the initial public offer price of Rs 275 per unit.
The stock was listed at Rs 275.05, at a premium of 0.02% to the initial public offer (IPO) price. So far the stock hit a high of Rs 280.05 and low of Rs 258.35. On the BSE, 2.44 lakh units were traded on the counter so far.
The IPO of Brookfield India Real Estate Trust was subscribed 7.94 times. The institutional investors category, comprising foreign institutional investors, domestic financial institutions, mutual funds, was subscribed 4.78 times. The other investors category, which includes corporates, individuals investors and others, was subscribed 11.74 times.