When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.

Property Share Investment Trust- Propshare Titania

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the Property Share Investment Trust- Propshare Titania IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

Apply for IPO

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹10,60,000

Per Share

Lot Size

1 Shares

Minimum Investment

₹10,60,000

Issue Size

₹473 Cr

Face Value

₹10

Per Share

IPO Type

Book Building-REITs - SME

Retail Quota

QIB Quota

75%

NII Quota

25%

IPO Timeline

Important dates for your applying strategy.

IPO Opens21 Jul

IPO Closes25 Jul

Basis of Allotment30 Jul

Refund Initiation31 Jul

Shares Credited31 Jul

Property Share Investment Trust- Propshare Titania

Business model, operations, and market positioning.

Issue Type

Book Building-REITs - SME

ISIN

INE19RO25021

About the Company

PropShare Titania is the second scheme launched by Property Share Investment Trust, India's first small and medium real estate investment trust registered with the Securities and Exchange Board of India. PropShare Titania offers investors an opportunity to invest in various office premises across six floors of G Corp Tech Park, a Grade A+ commercial office building, located in Thane, Mumbai Metropolitan Region. PropShare Titania has a leasable area of 4,37,973 sf. PropShare Titania is fully leased to a mix of Fortune 500 companies, multinational companies ("MNCs") and bluechip tenants, including Aditya Birla Capital (including its subsidiaries and group companies) - an Indian MNC conglomerate operating in the BFSI sector ("Aditya Birla Capital"), Convergys India Services Private Limited (acquired by Concentrix) ("Concentrix"), a Fortune 500 Healthcare Company and a Japanese MNC Conglomerate. (Source: JLL Report) Further, according to the JLL Report, Thane, MMR with its strategic location and connectivity, competitive office rentals and quality standard of living has evolved to become a key office destination.

Company History

PropShare Titania has been set up on February 21, 2025 as the second scheme of Property Share Investment Trust registered in the Republic of India as contributory, determinate and irrevocable trust on June 27, 2024, at Bangalore, Karnataka, India under the provisions of Indian Trusts Act, 1882 and as a small and medium real estate investment trust on August 5, 2024, under Regulation 26L(1) of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, as amended, having registration number IN/SM-REIT/24-25/0001.

Financial Performance

Revenue, profit after tax and total assets across the last 2 reported financial years.

Consolidated figures

Revenue GrowthProfit After Tax (PAT)Total Assets

Revenue

Amount in ₹ crore

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Property Share Investment Trust by way of PropShare Titania is issuing up to 4,462 Titania Units (as defined herein) for cash at a price of Rs. 10,60,000 per Titania Unit aggregating up to Rs. 472.97 crores (the "Issue"). Bids can be made for a minimum of 1 titania unit and multiples of 1 titania unit thereafter by bidders.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

StrengthsRisk Factors

Project Titania, which is part of the G Corp Tech Park, is a Grade A+ campus style development, with LEED Platinum (O&M), WELL Health & Safety and BEE 5-star certifications.
Sound business model with embedded rental growth, stable cash flows and mark-to-market opportunity.

Frequently Asked Questions

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.

Property Share Investment Trust- Propshare Titania

Business model, operations, and market positioning.

Issue Type

Book Building-REITs - SME

ISIN

INE19RO25021