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Brookfield India REIT initial public offer subscribed 8 times
The initial public offer of Brookfield India Real Estate Investment Trust (REIT) got subscribed 8 times on the final day of subscription on Friday. It received bids for 60,59,44,400 units against 7,62,78,200 units on offer. The category meant for institutional investors was subscribed 4.80 times and those for other investors 11.78 times.
Brookfield India hit the capital market with its REIT public issue on Wednesday to raise up to Rs 3,800 crore. On Tuesday, Brookfield India s REIT mopped up Rs 1,710 crore from anchor investors.
The initial public offer of Brookfield India REIT had a price band of Rs 274-275 apiece.
The initial public offering (IPO) of Brookfield India Real Estate Investment Trust (REIT) was subscribed 77 per cent on Thursday, the second day of subscription. It received bids for 5,88,18,600 units against the 7,62,78,200 on offer, according to an update on the NSE. Institutional investors category was subscribed 53 per cent, while other investors portion 1.06 times. Brookfield India hit the capital market with its REIT public issue on Wednesday to raise up to Rs 3,800 crore. Investment firm Brookfield India’s REIT on Tuesday raised Rs 1,710 crore from anchor investors. The IPO has a price band of Rs 274-275 per share, and closes on February 5.
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Brookfield India REIT initial public offer subscribed 77 per cent
The initial public offer of Brookfield India Real Estate Investment Trust (REIT) was subscribed 77 per cent on Thursday, the second day of subscription. It received bids for 5,88,18,600 units against 7,62,78,200 units on offer, according to an update on NSE. Institutional investors category was subscribed 53 per cent, while other investors portion 1.06 times.
Brookfield India hit the capital market with its REIT public issue on Wednesday to raise up to Rs 3,800 crore.
Investment firm Brookfield India s REIT on Tuesday raised Rs 1,710 crore from anchor investors.
The initial public offer of Brookfield India REIT has a price band of Rs 274-275 apiece and closes on February 5.
Brookfield India Real Estate Trust IPO opens today: 10 things to know about the public issue
Brookfield India Real Estate Trust IPO will close on February 5. The price band has been fixed at Rs 274 to Rs 275 per unit. February 03, 2021 / 04:20 PM IST
Brookfield India Real Estate Trust is the third Real Estate Investment Trust (REIT) to launch initial public offering after the successful listing of Blackstone Group-backed Mindspace Business Parks REIT in 2020 and Embassy Office Parks REIT in 2019.
This will be the fifth IPO in the current year, after Indian Railway Finance Corporation, Indigo Paints, Home First Finance Company and Stove Kraft.