Property Share Investment Trust REIT Details

Bookbuilding REIT | ₹245 Cr | Listing at BSE | Fri, Apr 10, 2026 - Thu, Apr 16, 2026

Propshare Celestia IPO Logo

Propshare Celestia IPO is a book build issue of ₹244.65 crores. The issue is entirely a fresh issue of 0.00 crore shares of ₹244.65 crore.

Propshare Celestia IPO opens for subscription on Apr 10, 2026 and closes on Apr 16, 2026. The allotment for the Propshare Celestia IPO is expected to be finalized on Apr 17, 2026. Propshare Celestia IPO will list on the BSE with a tentative listing date fixed as Apr 24, 2026.

Propshare Celestia IPO is set offered price band at ₹10,00,000 to ₹10,50,000 per share.

Ambit Pvt.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.

Refer to Propshare Celestia IPO RHP for detailed Information.

IPO Open

Fri, Apr 10, 2026

IPO Close

Thu, Apr 16, 2026

Price Band

₹1000000.00 to ₹1050000.00

Market Cap (Pre-IPO)

To be declared

REIT Details

IPO Date10 to 16 Apr, 2026
Listing DateFri, Apr 24, 2026T
Price Band₹1000000.00 to ₹1050000.00
Sale TypeFresh capital only
Issue TypeBookbuilding REIT
Listing AtBSE

Total Issue Size2,330 shares
(agg. up to ₹245 Cr)
Fresh Issue 2,330 shares
(agg. up to ₹245 Cr)

REIT Timetable (Tentative)

Issue Reservation

Investor Category Shares Offered
QIB Shares Offered Not more than 75% of the Net Issue
NII Shares OfferedNot less than 25% of the Net Issue

About Property Share Investment Trust REIT

PropShare Celestia is the third scheme launched by Property Share Investment Trust, India’s first SEBI-registered small and medium REIT. This scheme offers investors access to seven floors within Stratum @ Venus Grounds, a Grade A+ mixed-use commercial development featuring a distinctive atrium, located in the prime Nehru Nagar area of Ahmedabad.

The project spans across an area of 2,07,838 sq. ft. and includes three managed office and co-working operators—Smartworks Coworking Spaces Limited, EFC Limited (both publicly listed), and Paragraph Khajanchi Business Centre LLP, one of Ahmedabad’s leading co-working providers and Swedish publicly listed telecommunications multinational.

These operators serve a diversified base of 10 end occupiers. The prominent occupiers include Tech Mahindra, a US-based professional services firm, an Indian private sector bank, a B2B e-commerce platform, a risk management and financial analytics firm, and a data analytics and business intelligence company. This strong and varied tenant base supports consistent and dependable income generation.

Axis Trustee Services is the Trustee to the scheme and PropShare Investment Manager Pvt. Ltd. is the investment manager.

REIT Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Acquisition of the Project Celestia and payment of sinking fund to society by Celestia SPVs (the “Proposed Acquisition”), and reimbursement or direct payment, as applicable, of statutory charges under applicable laws (including stamp duty, registration, surcharge and cess etc. for the registration of sale deeds) to the Investment Manager for the Proposed Acquisition by way of lending to the Celestia SPVs and subscribing to the equity and debt instruments of our Celestia SPV 237.91
2 General purposes
Total 237.91

REIT Review

[Dilip Davda]
The investment manager is engaged in infrastructure investment segment as investor. It plans to invest in six Celestia SPVs from the issue funds. It has no track record as this is the new venture. InvITs in realty segment has seen mixed response and is yet to post worthy track record. Minimum investment hints for a specialized investment scheme for HNIs and institutions. It is a pure long term bet for well-informed/risk seekers/cash surplus investors who may park moderate funds, in this dicey instrument.
Read detail review...

Propshare Celestia IPO Recommendations

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Brokers0000
Members0000

REIT Registrar

Kfin Technologies Ltd.

Contact Details

Property Share Investment Trust REIT Address
16th Floor, SKAV Seethalakshmi, 21/22
Kasturba Road
Bangalore Urban, Karnataka, 560001
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REIT FAQs

Propshare Celestia IPO is a main-board REIT of 2,330 equity shares of the face value of ₹[.] aggregating up to ₹245 Crores. The issue is priced at ₹1000000.00 to ₹1050000.00. The minimum order quantity is .

The REIT opens on Fri, Apr 10, 2026, and closes on Thu, Apr 16, 2026.

Kfin Technologies Ltd. is the registrar for the REIT. The shares are proposed to be listed on BSE.

Zerodha customers can apply online in Propshare Celestia IPO using UPI as a payment gateway. Zerodha customers can apply in Propshare Celestia IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Propshare Celestia IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Propshare Celestia IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Propshare Celestia IPO opens on Fri, Apr 10, 2026 and closes on Thu, Apr 16, 2026.

Propshare Celestia IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Propshare Celestia IPO 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 Propshare Celestia IPO will be done on Friday, April 17, 2026, and the allotted shares will be credited to your demat account by Mon, Apr 20, 2026. Check the Propshare Celestia IPO allotment status.

The Propshare Celestia IPO listing date is not yet announced. The tentative date of listing is Fri, Apr 24, 2026.

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Propshare Celestia IPO Date, Price, GMP, Review, Details