-- / 150 shares

IPO Details

Issue Date

--

Investment/lot

--

Price Range

100

Lot Size

150

IPO Size

₹ 3200.00 Cr

IPO Listing Details

Listing On

19 May'23

Issue Price

--

Listed Price

₹ 103

Retail Gain/Listing Gain

3.00%

Start date

End date

Allotment of bids

Refund Initiation

Listing on exchange

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.

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Strong embedded growth with inflation hedged cash flows
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India’s largest platform of best-in-class assets
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Highly occupied by a base of renowned national and international brands
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  • Strict REIT regulations
  • Uncertain external factors can impact profitability of assets
  • Majority of revenue derived from a few large tenants

Here are a few strategies Nexus Select Trust Private Limited has for its business:

  1. Capitalise on their Portfolio’s embedded organic growth opportunities
  2. Proactive asset management driving growth in value
  3. Disciplined acquisition strategy with a strong balance sheet

And finally here’s a look at key financials of Nexus Select Trust Private Limited.

Particulars (in Rs. million)

Particulars (in Rs. million)

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Nexus Select Trust IPO FAQs

Nexus Select Trust will list on 2023-05-19.

3200.00 is the issue size of Nexus Select Trust IPO.

The price band of Nexus Select Trust IPO is ₹100 to ₹0.

The Nexus Select Trust Private Limited IPO has an issue size of Rs. 3,200 crores. The IPO opens for subscription on 9th May and ends on 11th May.

KFIN Technologies Private Limited is the registrar for this IPO.

You can read more about Nexus Select Trust Private Limited and its IPO from the company’s red herring prospectus (RHP) here: Nexus Select Trust Private Limited RHP.

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