Property Share files scheme offer documents for Rs 244.65 crore Initial Public Offering for India’s 3rd SM REIT scheme to open on Friday, April 10, 2026
Mumbai, March 30, 2026: Property Share Investment Trust (“SM REIT”), India’s first registered Small and Medium Real Estate Investment Trust, has filed the Key Information of the Trust and Key Information of the Scheme (“ Offer Documents ”) for PropShare Celestia , their third scheme under the trust aggregating up to ₹ 244.65 crore. The Bid/Issue opens Friday, April 10, 2026 and closes Thursday, April 16, 2026 . The price band for the Issue is ₹ 10.00 lakhs to ₹ 10.50 Lakhs per Unit . The minimum bid size is ₹ 10,00,000 which is also the minimum investment amount for investment in SM REITs. Bids can be made for a minimum of 1 Unit and in multiples of 1 Unit thereafter. The Scheme IPO is a fresh issue raising up to ₹ 244.65 crore for investment across seven identified floors in Venus Stratum , a Grade A+ mixed-use commercial building with a unique atrium located in prime Nehru Nagar, Ahmedabad (...