Brookfield India REIT IPO Date, Review, Price Ban Details
Brookfield India REIT IPO date is 03 February to 05 February 2021. Brookfield India Real Estate Trust is supported by an affiliate of Brookfield Asset Management, and part of Brookfield Group. They have campus-format office parks located in Mumbai, Noida, Gurugram and Kolkata. Numbers of the clients of Brookfield India Real Estate Trust are Barclays, Bank of America Continuum, TCS, Cognizant, and Accenture. Watch out the IPO dates, price band and market lot details.
Brookfield India REIT IPO Date & Price Band
| IPO Open: | 03 February 2021 |
| IPO Close: | 05 February 2021 |
| IPO Size: | Approx ₹3800 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹274 to ₹275 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | …% |
| Equity: | … Shares |
Brookfield India REIT IPO Market Lot
| Minimum Lot Size: | Min 200 Shares |
| Minimum Amount: | ₹55000 |
| Maximum Lot Size: | Max – Shares |
| Maximum Amount: | ₹- |
Brookfield India REIT IPO Allotment & Listing
| Basis of Allotment: | 11 February 2021 |
| Refunds: | 12 February 2021 |
| Credit to Demat Account: | 12 February 2021 |
| Listing Date: | 17 February 2021 |
About Brookfield India REIT
The Brookfield India Real Estate Trust is India’s only institutionally managed public commercial real estate vehicle. Brookfield India REIT which is sponsored by Brookfield Asset Management (BAM), additionally it is one of the world’s largest alternative asset managers with approximately US$550 billion in assets under management. Our objective is to be the leading owner of high quality income producing commercial real estate assets in Indian markets, which have significant barriers to entry.
Over the last couple of decades, India has arisen as a center of technology and corporate services due to a highly skilled and young workforce with a different competitive cost advantage. More than approx 80 million people are expected to be added to the workforce by 2030 and as the global spending on software and IT services is forecasted to grow at a robust rate between FY 2021 to FY 2025, and the technology industry in India is expected to grow at a CAGR of approx 13% . This structural driver will further increase office absorption, creating compelling opportunities in India. As per the report “India Commercial Real Estate Overview” dated September 22, 2020, prepared by Cushman & Wakefield (India) Private Limited.