Nexus Select Trust REIT IPO subscribed 28% on first day of offer
The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offer.
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The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offer.
Blackstone-backed Nexus Select Trust's primary offering for REIT will be open for subscription between May 9-11 as it will sell its units in the price band of Rs 95-100 apiece.
By buying units of this REIT, small investors can now own a portion of the booming, rent-yielding retail sector.
The Rs 3,200 crore-share sale received bids for 5,00,49,000 units against 17,60,00,100 units on offer.
The week gone by had four trading sessions, but it had plenty of action and behaved on expected lines. It began positively, went sideways, gained and then crashed. At the end of it all, it was a flat week but with all important levels being touched, writes Arun Kejriwal