{"id":12487,"date":"2025-08-04T14:47:38","date_gmt":"2025-08-04T09:17:38","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=12487"},"modified":"2025-08-06T11:24:08","modified_gmt":"2025-08-06T05:54:08","slug":"knowledge-realty-trust-reit-ipo-opens","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/knowledge-realty-trust-reit-ipo-opens\/","title":{"rendered":"Knowledge Realty Trust REIT IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]India’s <\/span>real estate sector<\/span><\/a> is witnessing a major shift, with a growing focus on structured and transparent investments like Real Estate Investment Trusts (REITs). At the forefront of this evolution is Knowledge Realty Trust (KRT REIT), which is set to launch its IPO, offering investors a unique opportunity to own a piece of India’s premium commercial office spaces. The IPO, backed by global investment giant Blackstone and the established Sattva Group, positions KRT as India’s largest office REIT and a key player in the country’s economic growth story.<\/span><\/p>\n

This article provides a detailed look into the <\/span>Knowledge Realty Trust REIT IPO<\/span><\/a>, highlighting key details for potential investors.<\/span><\/p>\n

<\/span>About Knowledge Realty Trust<\/b><\/span><\/h2>\n

Knowledge Realty Trust is India\u2019s largest office Real Estate Investment Trust (REIT) by Gross Asset Value (GAV), valued at Rs 619,989 million as of March 31, 2025. It is also the second-largest office REIT in the world based on leasable area.<\/span><\/p>\n

The Trust owns 30 high-quality office buildings across India, totalling 46.3 million square feet (msf). This includes 37.1 msf of completed space, 1.2 msf under construction, and 8.0 msf planned for future development. The properties are located in six major cities\u2014Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City in Ahmedabad\u2014and consist of both city-center offices and business parks. These buildings are equipped with excellent facilities, including food courts, private clubs, sports amenities, medical clinics, daycare services, and more.<\/span><\/p>\n

As of March 31, 2025, the Trust has a committed occupancy rate of 91.4%. Its tenants include multinational companies, Fortune 500 firms, Global Capability Centres (GCCs), and leading Indian businesses.<\/span><\/p>\n

<\/span>Knowledge Realty Trust REIT IPO Details<\/b><\/span><\/h2>\n

The Knowledge Realty Trust REIT IPO is a book-building issue of \u20b94,800 crores, consisting entirely of a fresh issue of units. The price band is set at \u20b995 to \u20b9100 per unit, with a face value of not provided per unit. The shares will be listed on both the BSE and NSE.<\/span><\/p>\n

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<\/span>Important IPO Timeline:<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nTue, Aug 5, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nThu, Aug 7, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/b><\/td>\nTue, Aug 12, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nWed, Aug 13, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nWed, Aug 13, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nMon, Aug 18, 2025<\/span><\/td>\n<\/tr>\n
Cut-off time for UPI mandate confirmation<\/b><\/td>\n5 PM on Aug 7, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details:<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
IPO Date<\/b><\/td>\nAugust 5, 2025 to August 7, 2025<\/span><\/td>\n<\/tr>\n
Listing Date<\/b><\/td>\n–<\/span><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n–<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/b><\/td>\n\u20b995 to \u20b9100 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n150 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/b><\/td>\nFresh Capital<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n48,00,00,000 shares (aggregating up to \u20b94,800.00 Cr)<\/span><\/td>\n<\/tr>\n
Issue Type<\/b><\/td>\nBookbuilding REIT<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nBSE, NSE<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Lot Size of Knowledge Realty Trust Ltd. IPO<\/b><\/span><\/h2>\n\n\n\n\n
Application<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
All Investors<\/span><\/td>\n1<\/span><\/td>\n150<\/span><\/td>\n\u20b915,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Knowledge Realty Trust Financial Performance<\/b><\/span><\/h2>\n

Knowledge Realty Trust’s total income has shown robust growth, increasing by 16% to \u20b94,146.86 crore in the financial year ending March 31, 2025, from \u20b93,588.48 crore in the previous fiscal year. While the company’s profit after tax (PAT) saw a 34% drop to \u20b9222.52 crore during the same period, this can be attributed to certain non-operational factors. The underlying strength of the business is demonstrated by a significant 19% rise in its Net Operating Income (NOI) to \u20b93,432.26 crore in FY25, highlighting its ability to generate strong cash flows from its core real estate portfolio.<\/span><\/p>\n

<\/span>Financial Snapshot (\u20b9 in crores)<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Period Ended<\/b><\/td>\n31 Mar 2025<\/b><\/td>\n31 Mar 2024<\/b><\/td>\n31 Mar 2023<\/b><\/td>\n<\/tr>\n
Assets (\u20b9 Crore)<\/b><\/td>\n24,768.08<\/span><\/td>\n24,903<\/span><\/td>\n24,544.42<\/span><\/td>\n<\/tr>\n
Total Income (\u20b9 Crore)<\/b><\/td>\n4,146.86<\/span><\/td>\n3,588<\/span><\/td>\n3,115.97<\/span><\/td>\n<\/tr>\n
Profit After Tax (\u20b9 Crore)<\/b><\/td>\n222.52<\/span><\/td>\n340<\/span><\/td>\n219.24<\/span><\/td>\n<\/tr>\n
EBITDA (\u20b9 Crore)<\/b><\/td>\n3,293.03<\/span><\/td>\n2,830<\/span><\/td>\n2,494.02<\/span><\/td>\n<\/tr>\n
Total Borrowing (\u20b9 Crore)<\/b><\/td>\n19,792.17<\/span><\/td>\n19,758<\/span><\/td>\n20,226.66<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Industry Outlook<\/b><\/span><\/h2>\n

The Indian commercial real estate sector is thriving, fueled by the country’s growing economy, a strong startup ecosystem, and a surge in demand from multinational corporations for high-quality office spaces.<\/span><\/p>\n