Propshare Titania SM REIT
Closed
Closed
IPO Timeline
Issue open date
21 Jul 2025Issue close date
25 Jul 2025UPI mandate deadline
25 Jul 2025Allotment finalization
30 Jul 2025Refund initiation
31 Jul 2025Share credit
31 Jul 2025Listing date
4 Aug 2025Mandate end date
10 Aug 2025Lock-in end date for anchor investors (50%)
29 Aug 2025Lock-in end date for anchor investors (remaining)
28 Oct 2025Key Dates
Open
21 Jul 2025Close
25 Jul 2025Listing
4 Aug 2025Quick Stats
Issue Size:473cr
Lot Size:1 shares
Issue Details
Issue Size:473cr
0Listing At:BSE
Reservation
75%
QIB
25%
NII
Additional Resources
About the Company
PropShare Titania is the second scheme launched by Property Share Investment Trust, India’s first SEBI-registered small and medium real estate investment trust. The scheme comprises office premises across six floors of G Corp Tech Park, a Grade A+ commercial property in Thane, Mumbai Metropolitan Region, with a leasable area of 437,973 sq. ft. The property is fully leased to a mix of tenants, including Aditya Birla Capital, Concentrix, a Fortune 500 healthcare company, and a Japanese multinational conglomerate. The Trust focuses on income-generating commercial real estate assets leased to established corporate tenants.
Strengths
- Grade A+ campus-style development with LEED Platinum, WELL Health & Safety, and BEE 5-star certifications.
- Business model includes embedded rental growth, stable cash flows, and mark-to-market potential.
- Fully occupied by a diversified tenant base, including Fortune 500 companies, MNCs, and bluechip tenants such as Aditya Birla Capital and Concentrix.
- Low market vacancy and projected 5-year rental CAGR of 5.6% for Grade A+ commercial assets in Thane, MMR.
- Located ~300 metres from the upcoming Kasarvadavali metro station on Line 4 (Wadala to Gaimukh).
- Managed by an experienced investment and asset management team, with governance oversight from a seasoned Board and prominent investor participation.
Risks
No risks provided as of now. Please check back later.
Propshare Titania SM REIT IPO – Frequently Asked Questions
- The price band for the Propshare Titania SM REIT IPO is set at ₹1000000 to ₹1060000 per share.
- The Propshare Titania SM REIT IPO opens on July 21, 2025 and closes on July 25, 2025.
- The tentative listing date for the Propshare Titania SM REIT IPO is August 4, 2025.
- You can apply for the Propshare Titania SM REIT IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Propshare Titania SM REIT, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Propshare Titania SM REIT IPO is 1 shares. Investors must apply for at least one lot (i.e., 1 shares).