Latest news with #KnowledgeRealtyTrustREIT
Mint
09-08-2025
- Business
- Mint
Stock market this week: Top gainers and losers driving Nifty, Sensex volatility
Top News Gold prices hit record ₹ 1,02,191 per 10g as safe-saven demand surges amid global turmoil Gold prices in India soared to an all-time high of ₹ 1,02,191 per 10 grams on August 8, 2025, as investors sought refuge amid escalating geopolitical tensions, foreign policy uncertainties, and weakening currency dynamics. The rally was bolstered by investor fears related to U.S. trade tariffs and persistent concerns about inflation, prompting central banks and individuals alike to flock toward gold. Analysts continue to advise a 'buy on dips' strategy, noting that technical indicators support further consolidation at elevated levels. Investor enthusiasm in the primary markets has reached notable highs, reflecting growing confidence in infrastructure and real estate as lucrative investment avenues. A prime example is the Knowledge Realty Trust REIT, which achieved an impressive oversubscription of 12.48 times. This level of demand underscores the robust interest in real estate investment trusts, driven by expectations of steady rental yields, long-term asset appreciation, and the relative stability of property-backed investments. Even more striking was the response to the Highway Infrastructure Limited IPO, which witnessed a phenomenal 316.64 times oversubscription. This staggering figure indicates overwhelming investor appetite, particularly for companies linked to India's expanding infrastructure sector. It also suggests strong optimism about the government's continued focus on infrastructure development, public-private partnerships, and increased budgetary allocations to road and transport projects. These oversubscription levels point to a significant shift in investor preference toward tangible asset-backed opportunities and sectors aligned with long-term economic growth. In the mutual fund space,Jioblackrock Asset Management Company rolled out a fresh batch of New Fund Offers: Nifty Midcap 150 Index Growth (Direct) Nifty 8–13 Year G-Sec Index Growth (Direct) Nifty Smallcap 250 Index Growth (Direct) Nifty 50 Index Growth (Direct) These launches provide cost-effective access to diversified segments of the equity and debt markets, catering to varied risk appetites amid growing interest in passive investing. Index Returns Best Performers Worst Performers Bought and Sold Most Watchlisted Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.
Time of India
07-08-2025
- Business
- Time of India
Knowledge Realty Trust REIT becomes India's largest and most subscribed REIT IPO at 13x
Knowledge Realty Trust REIT , co-sponsored by the Sattva Group and Blackstone, received over 13 times subscription on the final day of bidding, making it India's largest and most subscribed REIT IPO to date. The public issue received bids coming in for approximately 2,595.23 crore shares against the 20.84 crore equity shares on offer, according to data available on the stock exchanges. The price band for the offer was set at ₹95 to ₹100 per share. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo 'REITs in India have truly come of age — evolving from a novel concept to a trusted, mainstream investment vehicle. The growing participation from both institutional and retail investors is a testament to the confidence in the asset class and the underlying fundamentals of India's commercial real estate sector. As a product, REITs offer the ideal blend of stability and growth — and we believe we are just at the beginning of a long-term, value-driven journey for investors and the economy alike,' said Shirish Godbole, Chief Executive Officer of Knowledge Realty Trust REIT. At the upper end of the price band (₹100), the issue was subscribed 13.11 times overall, with institutional investors subscribing 9.55 times and other investors subscribing 17.38 times. At the lower end of the price band (₹95), the overall subscription stood at 12.45 times, with institutional investors bidding 9.07 times and other investors 16.51 times. 'The total number of applications we've received for Knowledge REIT is more than the sum total of all past Indian REITs put together. This isn't just a milestone — it's a resounding vote of confidence in REITs as a product of stable income and growth avenue. More importantly, it reflects the growing conviction in the structural strength of India's premium office space — a long-term, secular growth story that is firmly poised to benefit tremendously from India's extraordinary growth story,' said Quaiser Parvez, Chief Operating Officer of Knowledge Realty Trust REIT. Live Events Earlier this week, some of the institutions that participated in the anchor round include LIC, Tata AIG, Nippon MF, Axis MF, Tata MF, FT MF, Amundi, Wells Capital, PIMCO, SBI Pension, Jhunjhunwala Trust, and 360 One, among others. Institutions that participated in the strategic allocation include LIC, SBI Life, UTI MF, HDFC Life, Kotak Life, and 360 One, among others, the exchange filing mentioned by the company. The proceeds from the issue, to the extent of Rs 4,640 crore, are proposed to be used for partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and the Investment Entities, and the rest for general corporate purposes. The sponsors to the issue are Sattva Developers Private Limited and BREP Asia SG L&T Holding (NQ) Pte. Ltd. Axis Trustee Services Limited is the trustee, and Knowledge Realty Office Management Services Private Limited (formerly known as Trinity Office Management Services Private Limited) is the manager to the issue.
Mint
05-08-2025
- Business
- Mint
Jhunjhunwala-backed Knowledge Realty Trust REIT IPO opens today; Check out 10 key things to know
Knowledge Realty Trust, backed by Blackstone and Sattva Developers, is launching its IPO for subscription today, August 5, 2025. Once listed, Knowledge Realty Trust is anticipated to become the largest REIT in India in terms of GAV and NOI. As of March 31, 2025, its portfolio comprises 29 Grade A office buildings covering 46.3 msf, which includes 37.1 msf of completed space and 9.2 msf allocated for future construction and development. The properties are well-positioned across six cities (Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City in Ahmedabad) and are leased to a varied group of tenants, including major multinational corporations, global capability centers, and prominent domestic companies. Shirish Godbole, the Chief Executive Officer of Knowledge Realty Trust, stated that the launch is an important milestone for India's office market. He emphasized that it showcases the operational expertise and strategic vision of Blackstone and Sattva in creating a top-tier platform that meets the changing expectations of today's tenants. They are eager to contribute to enhancing India's emerging reputation as a global hub for office spaces and talent. Knowledge Realty Trust REIT IPO date: The issue opens today, Tuesday, August 05, 2025 and closes Thursday, August 07, 2025. Knowledge Realty Trust REIT IPO price band: The company has fixed the price band for the issue at ₹ 95 to ₹ 100 per unit. Knowledge Realty Trust REIT IPO lot size: Bids can be made for a minimum of 150 units and in multiples of 150 units thereafter. Knowledge Realty Trust REIT IPO reservation: Up to 75% of the Issue (not including the Strategic Investor portion) will be allocated on a proportionate basis to Institutional Investors, while at least 25% of the Issue (excluding the Strategic Investor portion) will be designated for Non-Institutional Investors, in line with the REIT Regulations. Knowledge Realty Trust REIT IPO anchor investor details: Knowledge Realty Trust REIT has secured ₹ 1,620 crores from anchor investors and a targeted allocation of ₹ 1,200 crores in advance of its initial public offering. Before this, the company had successfully completed a pre-IPO funding round of ₹ 1,400 crores. Some of the marquee Institutions that participated in the ₹ 1,620 cr Anchor includes – LIC, Tata AIG, Nippon MF, Axis MF, Tata MF, FT MF, Amundi, Wells Capital, PIMCO, SBI Pension, Jhunjhunwala Trust, 360 One among others. Knowledge Realty Trust REIT IPO details: The IPO comprises of fresh issuance of Units up to ₹ 4,800 crore by the Knowledge Realty Trust. Knowledge Realty Trust REIT IPO objectives: The funds raised from the issuance, amounting to Rs. 4,640 crores, are intended to be utilised for the partial or complete repayment or prepayment of specific financial debts of the Asset SPVs and Investment Entities, with the remaining amount allocated for general corporate purposes. Knowledge Realty Trust REIT IPO key dates: The REIT is set to be listed on both the NSE and BSE, on August 18. Knowledge Realty Trust REIT IPO lead managers and registrar: Lead Managers to the issue are Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, ICICI Securities Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), JM Financial Limited, Morgan Stanley India Company Private Limited and SBI Capital Markets Limited. Registrar to the issue is Kfin Technologies Limited. Knowledge Realty Trust REIT IPO GMP today: Knowledge Realty Trust REIT GMP is 0, which meant shares were trading at their issue price of ₹ 100 with no premium or discount in the grey market according to 'Grey market premium' indicates investors' readiness to pay more than the issue price. Disclaimer: The views and recommendations given in this article are those of individual analysts. These do not represent the views of Mint. We advise investors to check with certified experts before taking any investment decisions.
Economic Times
04-08-2025
- Business
- Economic Times
Knowledge Realty Trust REIT raises Rs 2,820 crore from anchor and institutional investors
Knowledge Realty Trust REIT's IPO will open on August 5, 2025. The company has already secured Rs 1,620 crore from anchor investors. A strategic allocation of Rs 1,200 crore is also completed. LIC and Tata Group are among the key participants. The IPO includes a fresh issuance of units. Proceeds will be used for debt repayment and corporate purposes. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Knowledge Realty Trust REIT has raised Rs 1,620 crore from anchor investors and a strategic allocation of Rs 1,200 crore ahead of its initial public offering, which opens for public subscription on Tuesday, August 5, of the institutions that participated in the anchor round include LIC , Tata AIG, Nippon MF, Axis MF, Tata MF, FT MF, Amundi, Wells Capital, PIMCO, SBI Pension, Jhunjhunwala Trust, and 360 One, among that participated in the strategic allocation include LIC, SBI Life, UTI MF, HDFC Life, Kotak Life, and 360 One, among others, the exchange filing mentioned by the company.'This is the first-time participation from LIC in any REIT IPO. There has also been broad participation from the Tata Group, including its mutual fund, insurance, and AIF arms,' it to this, the company had raised a pre-IPO round of Rs 1,400 crore. With this, 70% of the IPO, or Rs 4,220 crore, is already the balance public offering of Rs 1,980 crore (institutional component of Rs 1,080 crore and retail and HNI component of Rs 900 crore), the bid/issue opens Tuesday, August 5, 2025, and closes Thursday, August 7, minimum bid size is Rs 15,000, which is also the minimum investment amount. The price band for the offer has been determined at Rs 95–100 per equity share.'Strong investor demand is reflected in the widest book, with allocation to more than 50 investors. About 45% of the allocation has been made to insurance and pension funds, which are long-term holders,' the filing upcoming REIT also witnessed interest from HNIs in the pre-IPO round of Rs 1,400 crore, including R K Damani, Karan Bhagat Trust, and 360 One Office, among proceeds from the issue, to the extent of Rs 4,640 crore, are proposed to be used for partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and the Investment Entities, and the rest for general corporate sponsors to the issue are Sattva Developers Private Limited and BREP Asia SG L&T Holding (NQ) Pte. Ltd. Axis Trustee Services Limited is the trustee, and Knowledge Realty Office Management Services Private Limited (formerly known as Trinity Office Management Services Private Limited) is the manager to the IPO comprises a fresh issuance of units worth up to Rs 4,800 crore by the Knowledge Realty Trust. This Issue is being made through the Book Building Process and in compliance with the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014 ('REIT Regulations') and the REIT Master Circular dated July 11, 2025, wherein not more than 75% of the Issue (excluding the Strategic Investor portion) shall be available for allocation on a proportionate basis to Institutional Investors and not less than 25% of the Issue (excluding the Strategic Investor portion) shall be available for allocation to Non-Institutional Investors, in accordance with the REIT Regulations.
