The Nexus Select Trust REIT IPO is set to take hold on May 9, 2023, and will close on May 11, 2023. Nexus Select Trust REIT will raise around 3200 crores through an IPO that will include a fresh issue of 1400 crores and an offer for sale of up to 1800 crores of [.] each. The retail quota is [.]%, the QIB
quota is 75%, and the NII quota is 25%. Nexus Select Trust is India’s top consumption center platform, with 17 best-in-class Grade-A Urban Consumption Centres spread across 14 cities. They are a popular real estate investment trust. As of today, three REITs are traded on stock markets. They are located in cities all over India, which includes Delhi (Select Citywalk), Navi Mumbai (Nexus Seawoods), Bengaluru (Nexus Koramangala), Chandigarh (Nexus Elante), Ahmedabad (Nexus Ahmedabad One), and others.
Nexus Select Trust REIT IPO GMP, Date & Price Band Details
| IPO Open: | May 9, 2023 |
| IPO Close: | May 11, 2023 |
| IPO Size: | Approx ₹3200 Crores |
| Fresh Issue: | Approx ₹1400 Crores |
| Offer for Sale: | Approx ₹1800 Crores |
| Face Value: | ₹- Per Equity Share |
| IPO Price Band: | ₹95 to ₹100 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | [.]% |
| QIB Quota: | 75% |
| NII Quota: | 25% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Objects of the Issue
- Partial or full repayment or prepayment and redemption of the certain financial indebtedness of the Asset SPVs and the Investment Entity.
- Acquisition of stake and redemption of debt securities in certain Asset SPVs.
- General purposes.
Nexus Select Trust REIT Review (Apply or Not)
- To be updated soon
Brokerage Firm Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
Mankind Pharma IPO Market Lot
The Nexus Select Trust REIT minimum market lot is 150 shares with ₹15,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 150 | ₹15,000 |
| Retail Maximum | – | – | ₹- |
| S-HNI Minimum | – | – | ₹- |
| B-HNI Minimum | – | – | ₹- |
Mankind Pharma IPO Allotment & Listing Dates
The Nexus Select Trust REIT will open on May 9 and complete on May 11. The Nexus Select Trust REIT allotment will be completed on May 16, then followed by the IPO on May 19.
| IPO Open Date: | May 9, 2023 |
| IPO Close Date: | May 11, 2023 |
| Basis of Allotment: | May 16, 2023 |
| Refunds: | May 17, 2023 |
| Credit to Demat Account: | May 18, 2023 |
| IPO Listing Date: | May 19, 2023 |
You can check the IPO subscription status and IPO allotment status on their respective pages.
Nexus Select Trust REIT Form
How to apply for the Nexus Select Trust REIT? You can apply for Nexus Select Trust REIT via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Nexus Select Trust REIT in the Invest section. The other option is you can apply for Nexus Select Trust REIT via IPO forms downloaded via NSE and BSE.
Mankind Pharma Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹1708 | ₹631 | ₹207 |
| 2021 | ₹1048 | ₹435 | ₹199 |
| 2022 | ₹1398 | ₹541 | ₹11 |
| 2023 9M | ₹1498 | ₹564 | ₹257 |
Nexus Select Trust REIT Valuation – FY2022
Check Nexus Select Trust REIT valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹- per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | NA% |
| Net Asset Value (NAV): | ₹- per Equity Share |
Nexus Select Trust Registrar:
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: nexusselecttrust.ipo@kfintech.com
Website: https://karisma.kfintech.com
Company Address:
Nexus Select Trust
Embassy 247, Unit No. 501,
B Wing, Lal Bahadur Shastri Marg,
Vikhroli West, Mumbai 400 083
Phone: +91 22 6280 5000
Email: investor.relations@nexusmalls.com
Website: https://www.nexusselecttrust.com
Nexus Select Trust REIT Allotment Status Check
Check Nexus Select Trust REIT allotment status on KFintech website allotment URL. Click Here
Mankind Pharma IPO Lead Managers aka Merchant Bankers
- Bofa Securities India Limited
- Axis Capital Limited
- Citigroup Global Markets India Private Limited
- HSBC Securities & Capital Markets Pvt Ltd
- Iifl Securities Ltd
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Pvt Ltd
- Sbi Capital Markets Limited
- Jm Financial Limited
- J.P. Morgan India Private Limited
Nexus Select Trust REIT FAQs
Q1. What is Nexus Select Trust REIT?
Ans. Nexus Select Trust REIT is a main-board IPO. They are going to raise ₹3200 Crores via IPO. The issue is priced at ₹95 to ₹100 per equity share. The IPO is to be listed on BSE & NSE.
Q2. When Nexus Select Trust REIT will open?
Ans. The IPO is to open on May 9, 2023, for QIB, NII, and Retail Investors.
Q3. What is Nexus Select Trust REIT Investors Portion?
Ans. The investors’ portion for QIB is 75%, NII is 25%, and Retail is [.].
Q4. How to Apply the Nexus Select Trust REIT?
Ans. You can apply for Nexus Select Trust REIT via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Nexus Select Trust REIT through Zerodha?
Ans. Log in to Console on Zerodha Website or in the Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Mankind Pharma”. 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. Open Demat Account with Zerodha.
Q6. How to Apply the Nexus Select Trust REIT through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Mankind Pharma”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Nexus Select Trust REIT through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Mankind Pharma”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Nexus Select Trust REIT Size?
Ans. Nexus Select Trust REIT size is ₹3200 crores.
Q9. What is Nexus Select Trust REIT Price Band?
Ans. Nexus Select Trust REIT Price Band is ₹95 to ₹100.
Q10. What is the Nexus Select Trust REIT Allotment Date?
Ans. Nexus Select Trust REIT allotment date is May 16, 2023.
Q11. What is the Nexus Select Trust REIT Listing Date?
Ans. Nexus Select Trust REIT’s listing date is May 19, 2023. The IPO is to list on BSE and NSE.
