Short Information: स्टोव क्राफ्ट लिमिटेड आईपीओ 2021: Brookfield India REIT IPO Date, Review, Subscription, Allotment & Grey Market Premium | Brookfield Price Band, Form & Market Lot | Brookfield India REIT IPO Apply Online/ Subscribe through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank Available at Official Website www.nseindia.com,www1.nseindia.com & www.bseindia.com.
| Brookfield India REIT IPO IPO Date, Review, Price Band, Form & Market Lot Brief Details: | |
| Name of Company | Brookfield India Real Estate Trust REIT |
| Allotment Status Link | Active Soon |
| Brookfield India REIT IPO Allotment Date |
11 Februaryruary 2021 |
| Brookfield India REIT Listing Date | 17 Februaryruary 2021 |
| Article Published On | 02/01/2021 |
| Article Updated on | 02/03/2021 |
Table of Content
Brookfield India REIT IPO: Date, Review, Price Band, GMP, Form & Market Lot
Summary: Brookfield India Real Estate Trust (REIT)’s ₹ 3,800 crore initial public offering (IPO) will open for bidding on February 3. The public issue will close on February 5. The company in consultation with merchant bankers has fixed the price band at Rs 274-275 per unit. Investors, other than anchor investor, can bid for a minimum of 200 units and in multiples of 200 units thereafter, which translated into a minimum application size for retail investors at Rs 55,000 at the upper price band.
We will discuss Brookfield India REIT IPO details such as price band, date, listing, allotment, financial performance, subscription, review, and broker view:
| Brookfield India REIT IPO Details: | |
| Name of Article | Brookfield India REIT IPO |
| Name of Company | Brookfield India Real Estate Trust REIT |
| IPO Date | February 3, 2021 to February 5, 2021 |
| Issue Type | Book Built Issue REIT |
| Issue Size | [.] Eq Shares of ₹10 (aggregating up to ₹3,800.00 Cr) |
| Fresh Issue | [.] Eq Shares of ₹10 (aggregating up to ₹3,800.00 Cr) |
| Offer for Sale | |
| Face Value | ₹10 per equity share |
| IPO Price | ₹274 to ₹275 per equity share |
| Market Lot | 200 Shares |
| Min Order Quantity | 200 Shares |
| Listing At | BSE, NSE |
| Brookfield India REIT IPO Schedule |
|
| Bid/Offer Launch date | February 3, 2021 |
| Bid/Offer Last date | February 5, 2021 |
| Basis of Allotment finalization date | February 11, 2021 |
| Initiation of Refunds | February 12, 2021 |
| Credit of Shares to Demat Acct | February 12, 2021 |
| IPO Shares Listing Date | February 17, 2021 |
Brookfield India REIT IPO Subscription Process
Canadian alternative asset manager, Brookfield is looking to raise Rs 3,800 crore through a public issue of its Real Estate Investment Trust (REIT) this 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.
Investors can bid for a minimum 200 units and in multiples of 200 units thereafter, which translates into a minimum application size of ₹ 55,000 at the higher end of the price band. The company will use the funds to repay debts.
You can apply in Brookfield India REIT online using either UPI or ASBA as 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 apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
How to apply in Brookfield India REIT through Zerodha?
Zerodha customers can apply online in Brookfield India REIT using UPI as a payment gateway. Zerodha customers can apply in Brookfield India REIT by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Brookfield India REIT through Zerodha
Step 1: Visit the Zerodha website and login to Console.
Step 2: Go to Portfolio and click the IPOs link.
Step 3: Go to the ‘Brookfield India REIT’ row and click the ‘Bid’ button.
Step 4: Enter your UPI ID, Quantity, and Price.
Step 5: ‘Submit’ IPO application form.
Step 6: Visit the UPI App (net banking or BHIM) to approve the mandate.
How to apply in Brookfield India REIT through ASBA?
Application Supported by Blocked Amount (ASBA) is an easy and efficient way to apply for IPOs. When you invest through ASBA, the funds are blocked in your account for the IPO.
Steps to apply in Brookfield India REIT through ASBA
Step 1: Log-in to your online net-banking account
Step 2: In the investments section, click on the IPO/e-IPO option
Step 3: Fill out your depository details and bank account details to complete the verification process
Step 4: After this, you are led to a screen titled ‘Invest in IPO’
Step 5: Select the IPO for which you would like to apply
Step 6: Enter the number of shares and the ‘bid price’
Step 7: Read the ‘Terms and Conditions’ document before you place your bid
Step 8: Confirm and place your order by clicking on ‘Apply Now’
How to apply for the Brookfield India REIT IPO?
Step 1: You can submit your online application and make the payment through any supported UPI application via brokerages.
Step 2: To be able to create a UPI ID, you need to download the BHIM app, or any other UPI enabled bank application, where you own an account.
Step 3: While filing for the IPO make sure you mention the correct UPI ID.
Step 4: And after filling the application, the subscriber can submit the same to its financial advisor or brokerage.
Step 5: A request for blocking funds will be sent to the subscriber on the UPI mobile application. The subscriber would need to enter the UPI PIN to approve the block mandate.
Step 6: The funds will get blocked in the subscriber’s bank account, and once the allotment is done, the money will be debited from the blocked sum.
Brookfield India REIT: IPO Date, Review, Subscription, Allotment & GMP
Canadian alternative investment major 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 Canadian asset manager Brookfield Asset Management backed-company has fixed the price band of the IPO at ₹ 274-275 per unit.
The company owns an initial portfolio of four large campuses-format office parks located in some of India’s key gateway markets such as Mumbai, Gurugram, Noida and Kolkata.
Ambit, Axis Capital, IIFL Securities, JM Financial, JP Morgan India, Kotak Mahindra Capital and SBI Capital Markets are the book running lead managers to the issue, while Link Intime India is the registrar for the REIT.
Objects of the Issue
The net proceeds from the Brookfield India Real Estate Trust will be utilized for the following purposes:
- To make partial or full payment of existing indebtedness of the Asset SPVs.
- To meet general corporate purposes.
Company Financials
| 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 |
| Brookfield India REIT’s financial performance (in INR crore) | ||||
| FY2018 | FY2019 | FY2020 | H1 FY2021 | |
| Revenue | 866.3 | 929.8 | 981.4 | 467.5 |
| Expenses | 697.1 | 875.7 | 1,189.5 | 541.3 |
| Comprehensive income | 161.1 | -15.7 | 15.1 | -73.9 |
| Net margin (%) | 18.6 | -1.7 | 1.5 | -15.8 |
Brookfield India REIT IPO Market Lot
The Brookfield India REIT market lot size is 200 shares. A retail-individual investor can apply for up to lots ( shares or ).
| Minimum Lot Size: | Minimum 200 Shares |
| Minimum Amount: | ₹55000 |
| Maximum Lot Size: | Maximum – Shares |
| Maximum Amount: | ₹- |
Brookfield India REIT IPO Lead Managers |
Company Promoters |
|
BSREP India Office Holdings V Pte. Ltd |
Brookfield India REIT Registrar |
Brookfield India REIT Contact Details |
| Link Intime India Private Ltd Link Intime India Private Ltd C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083Phone: +91-22-4918 6270 Email: [email protected] Website: http://www.linkintime.co.in |
Brookfield India Real Estate Trust Candor TechSpace IT/ ITES SEZ Building 5A/10, Sector-48 Tikri (Near Subash Chowk) Gurugram 122 018, Haryana Phone: +91 22 6600 0700 Email: [email protected] Website: www.brookfieldindiareit.in |