The real estate investment trust (REIT) sector continues to offer compelling avenues for investors seeking exposure to income-generating properties without direct asset ownership. As the market evolves, new REIT IPOs emerge, presenting opportunities to diversify portfolios and tap into real estate’s long-term growth potential. These offerings provide a structured, regulated pathway to invest in a portfolio of real estate assets, managed by experienced professionals. The current landscape highlights a growing investor appetite for transparency and liquidity in real estate investments.
This article looks into Property Share Investment Trust REIT Ltd. IPO public offering, exploring its structure, objectives, and key details to help potential investors navigate its potential.
About Property Share Investment Trust REIT Ltd.
Established in June 2024, Property Share Investment Trust REIT Ltd. is a SEBI-registered small and medium real estate investment trust. The Trust’s second scheme, titled PropShare Titania, focuses on acquiring and managing income-generating commercial properties.
The trust structure aims to offer investors access to high-quality real estate assets with steady rental income and long-term value creation. Axis Trustee Services Limited serves as the appointed trustee, providing key roles such as debenture trustee, security trustee, and facility agent — ensuring regulatory compliance and investor protection throughout the investment lifecycle.
Property Share Investment Trust REIT Ltd. IPO Details
Property Share Investment Trust REIT Ltd. IPO details include it being an entirely fresh issue, aiming to raise ₹473 crores. The company intends to utilise the net proceeds primarily for the acquisition of the entire issued and paid-up equity share capital of Titania SPV, and for providing a loan to Titania SPV to extinguish its debenture liability.
Important IPO Timeline
| Event | Date |
| IPO Open Date | Mon, Jul 21, 2025 |
| IPO Close Date | Fri, Jul 25, 2025 |
| Tentative Allotment | Wed, Jul 30, 2025 |
| Initiation of Refunds | Thu, Jul 31, 2025 |
| Tentative Listing Date | Mon, Aug 4, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 25, 2025 |
Key IPO Details
| Particulars | Details |
| Face Value | ₹[.] per share |
| Price Band | ₹1000000 to ₹1060000 per share |
| Lot Size | 1 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | [.] shares (aggregating up to ₹473.00 Cr) |
| Offer Type | Bookbuilding SM REIT |
| Listing At | BSE |
| IPO Date | July 21, 2025 to July 25, 2025 |
| Listing Date | [.] |
Lot Size of Property Share Investment Trust Ltd. IPO
| Application | Lots | Shares | Amount |
| B-HNI (Min) | 1 | 1 | ₹10,60,000 |
Property Share Investment Trust Ltd.: Industry Outlook
- Growing Organised Sector: India’s real estate market is becoming more structured, boosting investor confidence.
- REIT Popularity: REITs are gaining traction as a transparent investment avenue for real estate assets.
- Strong Commercial Demand: Rising demand for office, retail, and warehousing spaces fuels growth.
- Supportive Regulations: Government and SEBI initiatives foster a favourable environment for REITs.
- Digitalisation Impact: Technology is enhancing efficiency and transparency in property management and transactions.
Use of IPO Proceeds
As a fresh issue, Property Share Investment Trust REIT Ltd. will use IPO proceeds mainly for acquiring Titania SPV’s equity and repaying Titania SPV’s debenture liability, with a portion for general corporate purposes.
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
| 1 | Acquisition of the entire issued and paid-up equity share capital of the Titania SPV as per the Share Purchase Agreement | 217 |
| 2 | 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) | 232.94 |
| 3 | General corporate purposes | Remaining |
Conclusion
REIT IPOs offer investors an easy way to take part in the real estate market, combining the benefits of regular income and potential long-term gains. This IPO shows how REITs bring together high-quality properties, making them more accessible to individual investors. While features like expert management and better liquidity are attractive, it’s important to carefully review the REIT’s assets, plans, and market outlook. As real estate remains a key part of many portfolios, understanding how new REIT listings work helps investors make smarter decisions in today’s changing market.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
