Mindspace Business Parks REIT Message Board (Page 3)

Mindspace REIT IPO

GMP 27.00 +/- 0.50

Mindspace REIT IPO

GMP 25.00 +/- 0.50

Todays grey market premium of mindspace ??

ALLOTMENT OUT
NIL ALLOTTED OUT OF 8
WILL HAVE TO CHECK BASIS OF ALLOTMENT

1 lot allotted but still not credited to demat account...is anybody else having same issue?

Not showing in demat account

How many have you applied?

Embassy Office Parks REIT

NAV = 374.64 (As of March 31, 2020)
LTP = 378.60 (on August 06, 2020)

LTP / NAV Ratio = 101.0570%




*Mindspace Business Parks REIT*

NAV = 316.77 (Post Issue)

If, we consider the same
LTP / NAV Ratio = 101.0570%

Then, Equivalent Value = *320.12*
Which is *45.12* above Issue Price

Good

Listing tomorrow on 07/08/2020
Confirm

I had applied for 4 lots and I was allotted none and the amount was released on the 4th. instant itself-how come, the allotment was today i.e. 06-08-2020-Looks & Sounds Fishy-Has anyone got refunds on the 4th. instant-Kindly Reply-Thanks-Also is the listing tomorrow?

@AnilKumar, I got both allotment and refund both on 4th. Not only me most of the people, except SBI ASBA applicants for them it was on yesterday.

How do we check the ipo allotment status for above one ???

Mindspace REIT IPO

GMP 22.00 +/- 0.50

Why gmp is going down ??

Hello everybody
I want to buy 100 HDB financial Ltd.pls tell me the rate if any one interested

Embassy Office Parks REIT
NAV = 374.64 (As of March 31, 2020)
LTP = 376.15 (As on August 05, 2020)

LTV / NAV Ratio = 100.40305%




Mindspace Business Parks REIT
NAV = 316.77 (Post Issue)

If, we consider the same
LTV / NAV Ratio = 100.40305%

Then, Equivalent Value = *318.05* of
Mindspace Business Parks REIT

However, there is a very strong case for Mindspace Business Parks REIT to be valued higher than Embassy Office Parks REIT

Dear Black Swan (m=34367)

Sir,
For calculating the NAV post issue:

Facts Known: as per the Final Offer Document dated August 3, 2020 – refer pages #314 & #374

1) Net Asset Value per Unit as of March 31, 2020 = 319.50
2) Fresh Issue 36,363,600 Units @275 = 9,999,990,000
3) Units outstanding immediately prior to the Offer = 556,654,582
4) Units outstanding immediately after the Offer = 593,018,182

Therefore, the Calculation of Post Issue NAV is as follows:

556,654,582 units @319.50 = 177,851,138,949 (Net worth prior to the Offer)
Add: 36,363,600 units @275 = 9,999,990,000 (Fresh Issue)

Therefore, Net worth after the Offer = 187,851,128,949
And, if we divide this by no of units outstanding after the Offer = 593,018,182
We will get after the Offer *NAV = 316.77*

Thank You Madam for the detailed calculation. It was very helpful information indeed

Mindspace REIT IPO

GMP 23.50 +/- 0.50

For calculating the NAV post issue:

Facts Known: as per the Final Offer Document dated August 3, 2020 – refer pages #314 & #374

1) Net Asset Value per Unit as of March 31, 2020 = 319.50
2) Fresh Issue 36,363,600 Units @275 = 9,999,990,000
3) Units outstanding immediately prior to the Offer = 556,654,582
4) Units outstanding immediately after the Offer = 593,018,182

Therefore, the Calculation of Post Issue NAV is as follows:

556,654,582 units @319.50 = 177,851,138,949 (Net worth prior to the Offer)
Add: 36,363,600 units @275 = 9,999,990,000 (Fresh Issue)

Therefore, Net worth after the Offer = 187,851,128,949
And, if we divide this by no of units outstanding after the Offer = 593,018,182
We will get after the Offer *NAV = 316.77*

Is the listing on 6th. I don't see any confirmation as yet

Thanks for the info

how you know that listing is on 7th

Not allotted in 3 applications.
Can be bought on listing ?
What should be fair value for buying on listing day?

Hi

I got one lot applied one lot, when is the listing date please confirm ??

Thanks

There is a very strong case for Mindspace Business Parks REIT to be valued higher than Embassy Office Parks REIT

because of 2 reasons:

1) The average rental per sq. ft. of Mindspace is lower than Embassy

Hence, Mindspace is considered to be of lower risk as compared to
Embassy

2) on a post tax basis - the income distribution structure of Mindspace is more efficient than Embassy in the hands on the investors

Nice information

Bumper subscription figures

List around Rs.365.00

All our expectations tumbled

Max you can get 1 lot and probability is ~13/15.51

Tomorrow my prediction my become true

Base and

Example:-
Today intraday EMBASSY REIT trading