Business Standard

Brookfield India REIT sees tepid listing, debuts at Rs 279 per share

The initial public offer by Brookfield REIT got subscribed 8 times on the final day of subscription

markets, stock market, sensex, correction, nifty, shares, growth, profit, economy, gain
Premium

SI Reporter New Delhi
Shares of Brookfield India’s Real Estate Investment Trust (REIT) listed at Rs 279 on the NSE on Tuesday, a premium of 1.45 per cent over its issue price of Rs 275 per share. Meanwhile, on the BSE, the scrip listed flat at Rs 275.05 per share.

The initial public offer by Brookfield REIT got subscribed 8 times on the final day of subscription and received bids for 60,59,44,400 units against 7,62,78,200 units on offer.

The category meant for institutional investors was subscribed 4.80 times and those for other investors 11.78 times.

"The net proceeds from the public

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in