Brookfield India on Friday announced its REIT IPO of Rs 3,800-crore for its real estate investment trust (REIT), giving investors a share of over 1.4 crore square feet of its commercial properties across the country.
Brookfield Asset Management-backed Brookfield India Real Estate Trust will be raising Rs 3,800 crore through a public issue of its Real Estate Investment Trust next week. The issue, priced between Rs 274 and Rs 275, will open for subscription on February 3 and close on February 5, Brookfield said in regulatory notification.
Brookfield India REIT IPO Date & Price Band
| Issuer | Brookfield India Real Estate Trust |
|---|---|
| Issue Type | Book Built Issue IPO |
| Issue Period | Issue Opens: February 03, 2021 |
| Issue Closes: February 05, 2021 | |
| Price Brand | ₹274 to ₹275 Per Share |
| Issue Size | ₹3800 Crores |
| Face Value | Rs.10 per Equity Share |
| Market Lot | 10 Shares |
| Maximum Bid amount for Retail | |
| QIB | % of the issue size |
| NIB | % of the issue size |
| Retail Individual Bidders | % of the issue size |
| Offer for Sale | ₹ Cr |
| Fresh Issue | ₹3800 Cr |
| Listing at | NSE & BSE |
Brookfield India REIT IPO Market Lot
| Minimum Lot Size: | Minimum 200 Shares |
|---|---|
| Minimum Amount: | ₹55000 |
| Maximum Lot Size: | Maximum - Shares |
| Maximum Amount: | ₹- |
Brookfield India REIT IPO Allotment & Listing
| IPO Open Date | Feb 3, 2021 |
|---|---|
| IPO Close Date | Feb 5, 2021 |
| Basis of Allotment Date | Feb 11, 2021 |
| Initiation of Refunds | Feb 12, 2021 |
| Credit of Shares to Demat Account | Feb 12, 2021 |
| IPO Listing Date | Feb 17, 2021 |
Brookfield India REIT IPO Form
How to apply the Brookfield India REIT IPO? You can apply Brookfield India REIT IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Brookfield India REIT IPO in the Invest section. The other option you can apply Brookfield India REIT IPO via IPO forms download via NSE and BSE. Check out the Brookfield India REIT forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
Brookfield India REIT Company Financial Report
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 30-Sept-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 51,367.15 | 53,780.50 | 50,436.97 | 48,932.97 |
| Total Revenue | 4,674.66 | 9,813.95 | 9,298.30 | 8,662.51 |
| Profit After Tax | (739.22) | 151.22 | (157.45) | 1,610.84 |
Company Promoters
BSREP India Office Holdings V Pte. Ltd is the promoter of the company.About Brookfield India REIT
Brookfield India Real Estate Trust is India's only institutionally managed public commercial real estate company, sponsored by an affiliate of Brookfield Asset Management (BAM), part of Brookfield Group.
The company has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata. Its portfolio comprises of 14.0 msf with 10.3 msf completed area, 0.1 msf under construction and 3.7 msf are of future development. Its completed area has an occupancy rate of 92%. Multi-national corporations like Barclays, Bank of America Continuum, RBS, TCS, Cognizant, and Accenture are some of the clients of Brookfield India Real Estate Trust.
Over the last two decades, India has emerged as a leading hub for technology and corporate services due to a highly skilled and young workforce with a distinct competitive cost advantage. Approximately 90 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 2020 and FY 2025 and the technology industry in India is expected to grow at a CAGR of 13% to US$350 billion by FY 2025 from an estimated US$191 billion in FY 2020 due to the large STEM talent pool, competitive cost advantage and favourable demographics in the country. This structural driver will further increase office absorption, creating compelling opportunities across the commercial real estate market in India as per the report “India Commercial Real Estate Overview” dated September 22, 2020, prepared by Cushman & Wakefield (India) Private Limited.
Brookfield India REIT Prospectus
Brookfield India REIT Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: brookfield.reit@linkintime.co.in
Website: http://www.linkintime.co.in
Brookfield India REIT Lead Manager(s)
- Ambit Private Limited
- Axis Capital Limited
- IIFL Holdings Limited
- J.P. Morgan India Private Limited
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
Company Contact Information
Brookfield India Real Estate Trust
Candor TechSpace IT/ ITES SEZ
Building 5A/10, Tikri (Near Subash Chowk)
Gurugram 122 018
Phone: +91 22 6600 0700
Email: reit.compliance@brookfield.com
Website: https://www.brookfieldindiareit.in/
Brookfield India REIT IPO FAQs
When Brookfield India REIT IPO will open for QIB, NII, and Retail?
The IPO is to open on 03 February 2021 for QIB, NII, and Retail Investors.
What is Brookfield India REIT IPO Investors Portion?
The investors' portion for QIB--%, NII--%, and Retail -%.
How to Apply the Brookfield India REIT IPO?
You can apply Brookfield India REIT IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Burger King IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name "Brookfield India REIT". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
What is Brookfield India REIT IPO Size?
Brookfield India REIT IPO size is ₹3800 crore.
What is Brookfield India REIT IPO Price Band?
Brookfield India REIT IPO Price Band is ₹274 - ₹275.
What is Brookfield India REIT IPO Minimum and Maximum Lot Size?
The minimum bid is 200 Shares with ₹55000 amount while maximum bid is - shares with ₹-.
What is Brookfield India REIT IPO Allotment Date?
Brookfield India REIT IPO allotment date is 12 February 2021.
What is Brookfield India REIT IPO Listing Date?
Brookfield India REIT IPO listing date is 17 February 2021. The IPO to list on BSE and NSE.
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