Bookbuilding SM REIT | ₹245 Cr | Listed at BSE | Fri, Apr 10, 2026 - Thu, Apr 16, 2026
Property Share Investment Trust-Propshare Celestia 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.
Property Share Investment Trust-Propshare Celestia bidding started from Apr 10, 2026 and ended on Apr 16, 2026. The allotment for Property Share Investment Trust-Propshare Celestia was finalized on Apr 17, 2026. The shares got listed on the BSE on Apr 24, 2026.
Property Share Investment Trust-Propshare Celestia is set final offered price at ₹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 Property Share Investment Trust-Propshare Celestia RHP for detailed Information.
IPO Open
Fri, Apr 10, 2026
IPO Close
Thu, Apr 16, 2026
Final Issue Price
₹1050000.00 per share
Market Cap (Pre-IPO)
To be declared
| IPO Date | 10 to 16 Apr, 2026 |
| Listed on | Fri, Apr 24, 2026 |
| Price Band | ₹1000000.00 to ₹1050000.00 |
| Final Issue Price | ₹1050000.00 per share |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding SM REIT |
| Listing At | BSE |
| Total Issue Size | 2,330 shares (agg. up to ₹245 Cr) |
| Fresh Issue | 2,330 shares (agg. up to ₹245 Cr) |
| Share Holding Post Issue | 2,330 shares |
| BSE Script Code | 544752 |
| ISIN | INE19RO25039 |
Property Share Investment Trust-Propshare Celestia comprises a total issue size of 2,330 shares. Out of which, 1,659 (74.97%) are allocated to QIB, 554 (25.03%) allocated to NII .
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | 1,659 |
| NII (HNI) Shares Offered | 554 |
| Strategic Investor Shares Offered | 117 |
| Total Shares Offered | 2,330 |
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.
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Knowledge Realty Trust | Mainboard | ₹4,800.00 Cr | ₹100 | null | ₹106.24 | +6.24% | ₹115.37 (+0.35%) |
| Property Share Investment Trust-PropShare Titania | Mainboard | ₹472.97 Cr | ₹1060000 | null | ₹10,61,100.00 | +0.10% | ₹10,90,000.00 (+0.00%) |
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 | 4.39 |
| 3 | Issue Expenses | 2.35 |
| Total | 244.65 |
The Property Share Investment Trust-Propshare Celestia IPO subscription status. Full data available on IPOMatrix.com.
| Category | Subscription (times) | Shares Offered | Shares bid for | |
|---|---|---|---|---|
| Total | 1.16 | 2,330 | 2,710 | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Fee and commission to advisors to this Issue | 0.69 |
| 2 | Fee payable to others | 1.66 |
| Total | 2.35 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹10,50,000.00 |
| Open | ₹9,99,900.01 |
| Low | ₹9,99,900.01 |
| High | ₹10,39,999.00 |
| Last Trade | ₹10,35,000.00 |
Lead Manager Reports
Property Share Investment Trust-Propshare Celestia is a main-board SM REIT of 2,330 equity shares of the face value of ₹[.] aggregating up to ₹245 Crores. The issue is priced at ₹1050000.00 per share. The minimum order quantity is .
The SM REIT opens on Fri, Apr 10, 2026, and closes on Thu, Apr 16, 2026.
Kfin Technologies Ltd. is the registrar for the SM REIT. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in Property Share Investment Trust-Propshare Celestia using UPI as a payment gateway. Zerodha customers can apply in Property Share Investment Trust-Propshare Celestia by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Property Share Investment Trust-Propshare Celestia through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Property Share Investment Trust-Propshare Celestia opens on Fri, Apr 10, 2026 and closes on Thu, Apr 16, 2026.
Property Share Investment Trust-Propshare Celestia lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Property Share Investment Trust-Propshare Celestia 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 Property Share Investment Trust-Propshare Celestia 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 Property Share Investment Trust-Propshare Celestia allotment status.
The Property Share Investment Trust-Propshare Celestia listing date is on Fri, Apr 24, 2026.
