Bookbuilding REIT | ₹4,800 Cr | Listed at BSE, NSE | Tue, Aug 5, 2025 - Thu, Aug 7, 2025
Knowledge Realty Trust REIT is a book build issue of ₹4,800.00 crores. The issue is entirely a fresh issue of 48.00 crore shares of ₹4,800.00 crore.
Knowledge Realty Trust REIT bidding started from Aug 5, 2025 and ended on Aug 7, 2025. The allotment for Knowledge Realty Trust REIT was finalized on Aug 12, 2025. The shares got listed on BSE, NSE on Aug 18, 2025.
Knowledge Realty Trust REIT price band is set at ₹100 per share. The lot size for an application is 150. The minimum amount of investment required by an retail is ₹15,000 (150 shares) (based on upper price).
Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Knowledge Realty Trust REIT RHP for detailed Information.
IPO Open
Tue, Aug 5, 2025
IPO Close
Thu, Aug 7, 2025
Final Issue Price
₹100.00 per share
Market Cap (Pre-IPO)
₹44,344.00 Cr
| IPO Date | 5 to 7 Aug, 2025 |
| Listed on | Mon, Aug 18, 2025 |
| Price Band | ₹95.00 to ₹100.00 |
| Final Issue Price | ₹100.00 per share |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding REIT |
| Listing At | BSE, NSE |
| Total Issue Size | 48,00,00,000 shares (agg. up to ₹4,800 Cr) |
| Fresh Issue | 48,00,00,000 shares (agg. up to ₹4,800 Cr) |
| Share Holding Pre Issue | 3,95,43,99,541 shares |
| Share Holding Post Issue | 4,43,43,99,541 shares |
| BSE Script Code / NSE Symbol | 544481 / KRT |
| ISIN | INE1JAR25012 |
Knowledge Realty Trust REIT offers total 48,00,00,000 shares. Out of which 27,00,00,000 (56.25%) allocated to QIB, 10,80,00,000 (22.50%) allocated to QIB (Ex- Anchor), 9,00,00,000 (18.75%) allocated to NII - allocated to RII and 16,20,00,000 (33.75%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 27,00,00,000 (56.25%) |
| − Anchor Investor Shares Offered | 16,20,00,000 (33.75%) |
| − QIB (Ex. Anchor) Shares Offered | 10,80,00,000 (22.50%) |
| NII (HNI) Shares Offered | 9,00,00,000 (18.75%) |
| Retail Shares Offered | - |
| Strategic Investor Shares Offered | 12,00,00,000 (25.00%) |
| Total Shares Offered | 48,00,00,000 (100.00%) |
Investors can bid for a minimum of 150 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| All Investors | 1 | 150 | ₹15,000 |
Knowledge Realty Trust REIT raises ₹1,620.00 crore from anchor investors. Knowledge Realty Trust REIT Anchor bid date is August 4, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Mon, Aug 4, 2025 |
| Shares Offered | 16,20,00,000 |
| Anchor Portion (₹ Cr.) | 1,620.00 |
| Anchor lock-in period end date | Thu, Sep 11, 2025 |
Knowledge Realty Trust is the largest office REIT in India, based on Gross Asset Value (GAV) worth Rs 619,989 million as of March 31, 2025. It is also the second largest office REIT globally in terms of leasable Area.
Our Portfolio comprises 30 Grade A office assets totalling 46.3 msf as of March 31, 2025, 37.1 msf of Completed Area, 1.2 msf of Under Construction Area and 8.0 msf of Future Development Area.
Its portfolio has 6 city-centre offices and 24 business park/centres. Its portfolio of assets offers a wide range of amenities, such as& multi-cuisine food courts, exclusive members-only clubs, indoor and outdoor sports facilities, medical clinics, creche, and other health and recreation facilities.
The company's portfolio assets are spread across 6 cities, including Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram and GIFT City, Ahmedabad. The company has a Committed Occupancy of 91.4% as of March 31, 2025.
It has a diversified tenant mix of prominent multinational tenants, including Fortune 500 companies, Global Capability Centers (GCCs), and leading domestic corporates.
Competitive Strengths
Knowledge Realty Trust's revenue increased by 16% and profit after tax (PAT) dropped by 34% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 24,768.08 | 24,902.82 | 24,544.42 |
| Total Income | 4,146.86 | 3,588.48 | 3,115.97 |
| Profit After Tax | 222.52 | 339.66 | 219.24 |
| EBITDA | 3,293.03 | 2,830.36 | 2,494.02 |
| Total Borrowing | 19,792.17 | 19,757.58 | 20,226.66 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and the Investment Entities | 4,640.00 |
The Knowledge Realty Trust REIT is subscribed 2.18 times on August 6, 2025 2:40:00 PM (Day 2). The public issue subscribed [.] times in the retail category, 0.74 times in the QIB category, and 3.91 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 0.74 | 11,36,83,950 | 8,36,53,050 |
| NII | 3.91 | 9,47,36,850 | 37,02,16,800 |
| Total | 2.18 | 20,84,20,800 | 45,38,69,850 |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fees and commission to advisors to this Issue | 94.40 |
| 2 | Fee payable to others | 65.60 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹100.00 |
| Open | ₹104.00 |
| Low | ₹103.10 |
| High | ₹109.14 |
| Last Trade | ₹106.18 |
Lead Manager Reports
Knowledge Realty Trust REIT is a main-board REIT of 48,00,00,000 equity shares of the face value of ₹[.] aggregating up to ₹4,800 Crores. The issue is priced at ₹100.00 per share. The minimum order quantity is 150.
The REIT opens on Tue, Aug 5, 2025, and closes on Thu, Aug 7, 2025.
Kfin Technologies Ltd. is the registrar for the REIT. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Knowledge Realty Trust REIT using UPI as a payment gateway. Zerodha customers can apply in Knowledge Realty Trust REIT by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Knowledge Realty Trust REIT through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Knowledge Realty Trust REIT opens on Tue, Aug 5, 2025 and closes on Thu, Aug 7, 2025.
Knowledge Realty Trust REIT lot size is 150, and the minimum amount required for application is ₹15,000.
You can apply in Knowledge Realty Trust REIT online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Knowledge Realty Trust REIT will be done on Tuesday, August 12, 2025, and the allotted shares will be credited to your demat account by Wed, Aug 13, 2025. Check the Knowledge Realty Trust REIT allotment status.
The Knowledge Realty Trust REIT listing date is on Mon, Aug 18, 2025.
