Brookfield India Real Estate Trust REIT (Brookfield India REIT) Detail

Feb 3, 2021 - Feb 5, 2021

Brookfield India Real Estate Trust is India's only institutionally managed public commercial real estate company, sponsored by an affiliate of Brookfield Asset Management (BAM), part of Brookfield Group.

The company has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata. Its portfolio comprises of 14.0 msf with 10.3 msf completed area, 0.1 msf under construction and 3.7 msf are of future development. Its completed area has an occupancy rate of 92%.

Multi-national corporations like Barclays, Bank of America Continuum, RBS, TCS, Cognizant, and Accenture are some of the clients of Brookfield India Real Estate Trust.

Competitive Strengths

  • Global sponsorship by an affiliate of Brookfield Asset Management.
  • Strategically located properties.
  • Diversified tenant base across sectors.
  • strong internal and external growth opportunities.
  • Experienced senior management team.

Company Promoters:

BSREP India Office Holdings V Pte. Ltd is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
30-Sept-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 51,367.15 53,780.50 50,436.97 48,932.97
Total Revenue 4,674.66 9,813.95 9,298.30 8,662.51
Profit After Tax (739.22) 151.22 (157.45) 1,610.84

Objects of the Issue:

The net proceeds from the Brookfield India Real Estate Trust will be utilized for the following purposes:

  • To make partial or full payment of existing indebtedness of the Asset SPVs.
  • To meet general corporate purposes.

Brookfield India REIT Details

IPO Opening DateFeb 3, 2021
IPO Closing DateFeb 5, 2021
Issue TypeBook Built Issue REIT
Face Value₹10 per equity share
IPO Price₹274 to ₹275 per equity share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹3,800.00 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹3,800.00 Cr)

Brookfield India REIT Tentative Timetable

The Brookfield India REIT open date is Feb 3, 2021, and the close date is Feb 5, 2021. The issue may list on Feb 17, 2021.

IPO Open DateFeb 3, 2021
IPO Close DateFeb 5, 2021
Basis of Allotment DateFeb 11, 2021
Initiation of RefundsFeb 12, 2021
Credit of Shares to Demat AccountFeb 12, 2021
IPO Listing DateFeb 17, 2021

Brookfield India REIT Lot Size

The Brookfield India REIT market lot size is 200 shares. A retail-individual investor can apply for up to lots ( shares or ).

ApplicationLotsSharesAmount (Cut-off)
Minimum1200₹55,000
Maximum

Brookfield India REIT Subscription Status (Bidding Detail)

The Brookfield India REIT is subscribed 7.94x times on Feb 5, 2021 05:00. The public issue subscribed in the retail category, 4.78x in the QIB category, and 11.52x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

4.78x

NII

11.52x

Total

7.94x

Brookfield India REIT Prospectus

Brookfield India REIT Rating

744
3.4
Rating:Rated 3.4 stars

Vote Here ...

Brookfield India REIT Listing Date

Listing DateTuesday, February 16, 2021
BSE Script Code543261
NSE SymbolBIRET
Listing In
ISININE0FDU25010
IPO Price₹275 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹275.00
₹275.05
₹258.35
₹280.05
₹269.96
1,270,400
NSE
₹275.00
₹281.70
₹258.00
₹281.70
₹268.93
8,281,600

Company Contact Information

Brookfield India Real Estate Trust
Candor TechSpace IT/ ITES SEZ
Building 5A/10, Tikri (Near Subash Chowk)
Gurugram 122 018

Phone: +91 22 6600 0700
Email: reit.compliance@brookfield.com
Website: https://www.brookfieldindiareit.in/

Brookfield India REIT Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: brookfield.reit@linkintime.co.in
Website: http://www.linkintime.co.in

Brookfield India REIT FAQs

  1. What is Brookfield India REIT?

    Brookfield India REIT is a main-board REIT of [.] equity shares of the face value of ₹10 aggregating up to ₹3,800.00 Crores. The issue is priced at ₹274 to ₹275 per equity share. The minimum order quantity is 200 Shares.

    The REIT opens on Feb 3, 2021, and closes on Feb 5, 2021.

    Link Intime India Private Ltd is the registrar for the REIT. The shares are proposed to be listed on BSE, NSE.

  2. How to apply in Brookfield India REIT through Zerodha?

    Zerodha customers can apply online in Brookfield India REIT using UPI as a payment gateway. Zerodha customers can apply in Brookfield India REIT by login into Zerodha Console (back office) and submitting an IPO application form.

    Steps to apply in Brookfield India REIT through Zerodha

    1. Visit the Zerodha website and login to Console.
    2. Go to Portfolio and click the IPOs link.
    3. Go to the 'Brookfield India REIT' row and click the 'Bid' button.
    4. Enter your UPI ID, Quantity, and Price.
    5. ‘Submit’ IPO application form.
    6. Visit the UPI App (net banking or BHIM) to approve the mandate.

    Visit Zerodha IPO Application Process Review for more detail.

  3. When Brookfield India REIT will open?

    The Brookfield India REIT opens on Feb 3, 2021 and closes on Feb 5, 2021.

  4. What is the lot size of Brookfield India REIT?

    Brookfield India REIT lot size is 200 Shares and the minimum order quantity is 200 Shares.

  5. How to apply for Brookfield India REIT?

    You can apply in Brookfield India REIT online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  6. When Brookfield India REIT allotment?

    The finalization of Basis of Allotment for Brookfield India REIT will be done on Feb 11, 2021, and the allotted shares will be credited to your demat account by Feb 12, 2021. Check the Brookfield India REIT allotment status.

  7. When is Brookfield India REIT listing date?

    The Brookfield India REIT listing date is on Tuesday, February 16, 2021.

Brookfield India REIT Message Board

Ranked Members  Ranked Members

Loading...







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App