Nexus Select Trust IPO Details
Issue Date
--
Price Range
₹100
Lot Size
150
IPO Size
₹3200.00 Cr
Nexus Select Trust IPO Listing Details
Listing On
19 May'23
Issue Price
--
Listed Price
₹ 103
Retail Gain/Listing Gain
▲3.00%
Schedule of Nexus Select Trust IPO
Start date
End date
Allotment of bids
Refund Initiation
Listing on exchange
19/05/2023
Company Background
Nexus Select Trust is the owner of India’s leading consumption centre platform for high-quality assets that serve as essential consumption infrastructure for India’s growing middle class (Source: CBRE Report, by Completed Area). They expect to be the first publicly listed consumption centre REIT in India upon the listing of its Units on the Stock Exchanges.
The company’s assets are strategically located across 14 leading cities in India, including the highest quality assets in prime in-fill locations of India’s major cities such as Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad and Chennai.
Additionally, they hold a tenant base of 1,044 domestic and international brands with 2,893 stores as of December 31, 2022 and is well diversified with a healthy mix of tenants across sectors such as apparel and accessories, hypermarket, entertainment, and food and beverages (“F&B”) in order to provide a holistic shopping and entertainment offering to consumers.
Risk Factors
- Strict REIT regulations
- Uncertain external factors can impact profitability of assets
- Majority of revenue derived from a few large tenants
Key Strategies
Here are a few strategies Nexus Select Trust Private Limited has for its business:
- Capitalise on their Portfolio’s embedded organic growth opportunities
- Proactive asset management driving growth in value
- Disciplined acquisition strategy with a strong balance sheet
Key Financials
And finally here’s a look at key financials of Nexus Select Trust Private Limited.
How to apply for IPO through ASBA
Kotak Securities
•00m 58s
Trending IPOs
26 Dec - 30 Dec'25 | |||||||||
31 Dec - 02 Jan'26 | |||||||||
10 Dec - 12 Dec'25 | |||||||||
To be announced | |||||||||
To be announced | |||||||||
Nexus Select Trust IPO FAQs
Trending IPOs
26 Dec - 30 Dec'25 | |||||||||
31 Dec - 02 Jan'26 | |||||||||
10 Dec - 12 Dec'25 | |||||||||
To be announced | |||||||||
To be announced | |||||||||