Nexus Select Trust REIT Message Board (Page 17)

10. Eagleye | Link | Bookmark | April 29, 2023 10:23:35 PM

IPO Guru (6600+ Posts, 21900+ Likes)

Please take Note:

*REITS ≠ Equity IPO*

10.1. Eagleye | Link | Bookmark | April 30, 2023 11:36:27 AM

IPO Guru (6600+ Posts, 21900+ Likes)

10.2. harit | Link | Bookmark | April 30, 2023 11:55:54 AM

Elaborate further please

9. Gaurav DD dimer | Link | Bookmark | April 29, 2023 7:37:29 PM

IPO Mentor (1100+ Posts, 400+ Likes)

Name - Year of IPO - Subscription - Lot Size/Amt
1) Embassy Park REIT IPO - 2019 - 2 to 3 times - 400 shares Lot /1.2L investment Minimum

2) Mindspace - 2020 - 15 times around - 200 shares Lot /55K minimum Investment

8. PLAZA | Link | Bookmark | April 29, 2023 6:23:32 PM

IPO Guru (1700+ Posts, 1100+ Likes)

Presently Embassy reit /mindspace etc are giving very good return after considering the dividend interest and principal payout .
Though mindspace listed in discount initially but for passive investor patience pay .

8.1. PLAZA | Link | Bookmark | April 29, 2023 6:33:16 PM

IPO Guru (1700+ Posts, 1100+ Likes)

Correction :_ Brookfield reit listed initially at discount not mindspace

7. arunARUN | Link | Bookmark | April 29, 2023 5:21:13 PM

IPO Guru (1900+ Posts, 1600+ Likes)

@Admin @ Chittorgarh.com
Issue size is wrongly mentioned as of the moment. It is 1600 fresh and 1600 OFS
2ndly kindly update financial numbers basis Offer document at the website of BRLMs (filed yesterday) link
https://www.ml-india.com/ipopage.html

7.1. PKRAJ | Link | Bookmark | April 29, 2023 5:58:50 PM

Yes. According The Economic Times, Nexus on Friday, filled its offer documents for the launch of Rs.3200 crore IPO in May. The total offering of rs.3200 crore companies fresh issues of upto rs.1,400 crore and an offer for sale upto 1,800 crore.
Nexus is India's maiden REIT with retail properties.
So no pears at present.

7.2. Prachi @ Team Chittorgarh.com | Link | Bookmark | April 29, 2023 6:25:15 PM

@arunARUN Dear Sir,

Thanks for your kind feedback.

Updated issue size and financials.

Thank you,
Prachi @Team Chittorgarh.com

ProStocks - Broker with Unlimited Trades @ Rs 899 Per Month (or Rs 15 per trade) + Zero Account Opening + Rs 0 Equity Delivery Brokerage + AMC Free Demat Open FREE Account

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6. Happpy Singh | Link | Bookmark | April 29, 2023 6:24:07 PM

What is taxation for REIT?, I think finance act 23 has made it more complex. Moreover, REIT is comparable with bonds and not with equity. It all makes it not a good investment choice for small investors. If any one has a massive portfolio, may add it as diversification in debt category. (It's a suggestion and investors should talk to their SEBI registered advisors before investing any real money.)

5. Gaurav DD dimer | Link | Bookmark | April 29, 2023 4:28:06 PM

IPO Mentor (1100+ Posts, 400+ Likes)

75% QIB
25% HNI

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5.7. arunARUN | Link | Bookmark | April 30, 2023 2:10:15 PM

IPO Guru (1900+ Posts, 1600+ Likes)

@Amit Pathak
SEBI changed guidelines and reduced minimum from Rs 50000 to 10 K to 15 K lot size. Like any other equity IPO. But allotment is prorata like NCD

5.8. Amit Pathak | Link | Bookmark | April 30, 2023 2:25:44 PM

@Arun Thanks for your updated information. I will apply If QIB Subscription ll cross 15x.

4. Amit Pathak | Link | Bookmark | April 29, 2023 6:07:26 PM

If QIB will subscribed more than 15x then we can expect atleast 10% listing gain here.

3. Pratham | Link | Bookmark | April 29, 2023 5:21:55 PM

IPO Mentor (600+ Posts, 500+ Likes)

Peer listed company
Embassy REIT

I remember Embassy Reit gave very good returns but after that fell flat due to lockdown and still continuing in that price range only.
Don't expect good gains here.

3.1. arunARUN | Link | Bookmark | April 29, 2023 5:37:23 PM

IPO Guru (1900+ Posts, 1600+ Likes)

No existing REIT can be compared as all of them focused on office space rental while this REIT has dominant mall space rental

2. ~~IPO KING MAKER~~ | Link | Bookmark | April 29, 2023 4:12:48 PM

Loss Making Company

2.1. Gaurav DD dimer | Link | Bookmark | April 29, 2023 4:26:30 PM

IPO Mentor (1100+ Posts, 400+ Likes)

Due to corona (Lockdown).

2.2. arunARUN | Link | Bookmark | April 29, 2023 5:16:14 PM

IPO Guru (1900+ Posts, 1600+ Likes)

in REIT what matters is cash flow. You can have loss due to depreciation but it still generates cash flow

1. PKRAJ | Link | Bookmark | April 29, 2023 4:45:14 PM

This is likely to be total ofs only. Results not available upto even December 2022. Borrowings are on higher side. To expect any thing positive in near future is not possible.

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11.2. PKRAJ | Link | Bookmark | April 29, 2023 5:00:43 PM

It is mentioned above in details that issue size is only 1,600 crs.
It is also there in object that it is total ofs. All according to information given above.
Still I may be wrong.

11.3. Gaurav DD dimer | Link | Bookmark | April 29, 2023 5:07:03 PM

IPO Mentor (1100+ Posts, 400+ Likes)

@PKRAJ May be Team Chittorgarh haven't updated correctly. Everywhere its 3200 crores. Even their Chittorgarh news page showing 3200 crores.

Let the other details comes first.
i@Admin @ Chittorgarh.com