• Other Investors’ portions subscribed 2.09 times on Day 1
  • Issue closes on Thursday, April 16, 2026, for bidding

Mumbai : The Initial Public Offering of Property Share Investment Trust (“SM REIT”), India’s first registered Small and Medium Real Estate Investment Trust for PropShare Celestia, their third scheme, was subscribed 0.65 times on the first day of bidding, demonstrating strong demand from Other Investors for this IPO.

The issue received bids of 1,509 equity shares against the offered 2,323 equity shares, according to data available on the stock exchanges.

Other Investors portion was subscribed 2.09 times. Institutional Investors portion was subscribed 0.17 times.

The Scheme IPO is a fresh issue raising up to ₹ 244.65 crore for investment across seven identified floors in Venus Stratum, a Grade A+ mixed-use commercial building with a unique atrium located in prime Nehru Nagar, Ahmedabad (Source: JLL Report).

The issue kicked off for subscription on Friday, April 10, 2026, and will close for subscription on closes Thursday, April 16, 2026.