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Nexus Select Trust REIT (Nexus Select Trust REIT) Detail




Nexus Select Trust is India's leading real estate investment trust. Nexus Select Trust is India's leading consumption centre platform with 17 Grade-A best-in-class Urban Consumption Centres spread across 14 cities.

The company owns 17 Grade A urban consumption centres with a total Leasable Area of 9.8 msf, two complementary hotel assets (354 keys), and three office assets of 1.3 msf as of December 31, 2022.

The company has curated a healthy mix of tenants across sectors such as apparel and accessories, hypermarket, entertainment, and food and beverages (F&B). Nexus is also working across 50+ ESG initiatives to create a positive impact on people and the environment.

Nexus Select Trust serves across 14 cities in India including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, which constituted 30% of India's total discretionary retail spending in FY20.

Nexus Select Trust REIT Details

Nexus Select Trust REIT is a Book Built Issue. The IPO total issue size is Rs 3,200.00 Cr. The Nexus Select Trust REIT price is ₹95 to ₹100 per share. The IPO will list on BSE, NSE.

IPO Date

May 9, 2023 to May 11, 2023

Listing Date

May 19, 2023

Face Value

₹ per share

Price

₹95 to ₹100 per share

Lot Size

150 Shares

Total Issue Size

[.] shares

(aggregating up to ₹3,200.00 Cr)

Fresh Issue

[.] shares

(aggregating up to ₹1,400.00 Cr)

Offer for Sale

[.] shares of ₹

(aggregating up to ₹1,800.00 Cr)

Issue Type

Book Built Issue REIT

Listing At

BSE, NSE


Nexus Select Trust REIT Reservation

Nexus Select Trust REIT a total of 329,262,900 shares are offered. QIB: 101,052,450 (30.69%).

Anchor Investor Shares Offered

143,999,850 (43.73%)

QIB Shares Offered

101,052,450 (30.69%)

NII (HNI) Shares Offered

Not less than 25% of the Offer

Other Shares Offered

84,210,600 (25.58%)

Total Shares Offered

329,262,900 (100%)


Nexus Select Trust REIT Anchor Investors Details

Nexus Select Trust REIT raises Rs 1,440.00 crore from anchor investors. Nexus Select Trust REIT Anchor bid date is May 8, 2023.

Bid Date

May 8, 2023

Shares Offered

143,999,850

Anchor Portion Size (In Cr.)

1,440.00

Anchor lock-in period end date for 50% shares (30 Days)

Jun 27, 2023

Anchor lock-in period end date for remaining shares (90 Days)

Sep 22, 2023


Nexus Select Trust REIT Timetable (Tentative)

Nexus Select Trust REIT opens on May 9, 2023, and closes on May 11, 2023.

IPO Open Date

Tuesday, 9 May 2023

IPO Close Date

Thursday, 11 May 2023

Basis of Allotment

Tuesday, 16 May 2023

Initiation of Refunds

Wednesday, 17 May 2023

Credit of Shares to Demat

Thursday, 18 May 2023

Listing Date

Friday, 19 May 2023

Cut-off time for UPI mandate confirmation

5 PM on May 11, 2023


Nexus Select Trust REIT Lot Size

The minimum lot size of this Nexus Select Trust REIT is 150 shares required is ₹15,000.

Application

Lots

Shares

Amount

All Investors

1

150

₹15,000


Company Financials

Period Ended

Total Assets

Total Revenue

Profit After Tax

Reserves and Surplus

Total Borrowing

31-Mar-20

9,527.64

1,708.19

206.74

976.05

5,955.67

31-Mar-21

8,959.36

1,047.97

-199.11

340.89

6,281.38

31-Mar-22

9,089.77

1,398.52

-10.95

389.15

6,311.20

31-Dec-22

8,989.53

1,498.35

257.02

639.31

5,872.31

Amount in ₹ Crore


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