PropShare Titania is launching its IPO worth ₹473 crore, which is an entirely fresh issue. The IPO will open for subscription on 21 July 2025 and will close on 25 July 2025. The allotment of shares is expected to be finalized on 30 July 2025 and the shares are likely to be listed on BSE on 4 August 2025. The price band for the IPO is set between ₹1000000 to ₹1060000 per share and the lot size is one share per lot.
About PropShare Titania IPO: India’s Second SM REIT Scheme
PropShare Titania is the second scheme launched by the Property Share Investment Trust, India’s first SEBI-registered Small and Medium Real Estate Investment Trust (SM REIT). Incorporated in June 2024, the Trust operates under SEBI’s framework designed for small and medium-sized REITs. The scheme focuses on income-generating commercial real estate leased to well-established tenants, offering a stable rental income stream.
What is Small and Medium Real Estate Investment Trust (SM REIT)?
A Small and Medium Real Estate Investment Trust (SM REIT) is a SEBI-regulated investment vehicle that pools investor funds to acquire commercial or residential real estate assets that generate rental income.
An SM REIT invests in real estate properties with a portfolio size ranging from ₹50 crore to ₹500 crore. It gives investors quarterly income as dividends from the rent earned on these properties. The minimum investment required is ₹10 lakh, which makes it more suitable for investors with a higher risk appetite.
PropShare Titania IPO Highlights
- PropShare Titania’s IPO is valued at ₹473 Cr and the price band is set between ₹1000000 to ₹1060000 per share.
- The IPO is an entirely fresh issue of ₹473 cr.
- PropShare Titania’s IPO will open for subscription on 21 July 2025 and close on 25 July 2025. Share allotment is likely to take place on 30 July 2025 and the shares are expected to be listed on BSE on 4 August 2025.
- The funds raised through the PropShare Titania IPO will be used for three main purposes. First, a portion of the proceeds, amounting to ₹217 crore, will be used to acquire 100% ownership of the Titania SPV as per the Share Purchase Agreement. Second,₹232.94 crore will be provided as a loan to the Titania SPV to help it repay its existing debt, including any accrued interest, by redeeming the outstanding debentures (OCDs). The remaining funds will be used for general business purposes.
PropShare Titania IPO GMP
As of 20th July 2025, there is no GMP for PropShare Titania’ IPO. Based on the upper price band of ₹10,60,000, the IPO is expected to list at the same price. GMP continuously changes, and we’ll keep updating you as new details come in.
So, stay tuned with Trade Target for daily updates on PropShare Titania IPO GMP and the expected listing price.
- Date: 21 July 2025
- PropShare Titania GMP: Flat
- Date: 20 July 2025
- PropShare Titania GMP: Flat
How can one apply for PropShare Titania IPO?
The price band for the PropShare Titania IPO is set between ₹10,00,000 and ₹10,60,000 per unit, with a minimum lot size of one unit per application. This means retail investors need to invest at least ₹10.6 lakh to participate. The IPO is mainly targeted at institutional and high-net-worth individuals who want to invest directly in income generating real estate through the REIT route.
| Application | Lots | Shares | Amount |
|---|---|---|---|
|
All Investors |
1 |
1 |
₹10,60,000
|
PropShare Titania IPO Financial
As of March 31, 2025, PropShare Titania Ltd. reported an increase in Profit After Tax (PAT), rising from ₹3.56 crore in FY23 to ₹8.96 crore in FY25, indicating steady growth in profitability. All related financial details are provided in the table below.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
|
Assets (₹ Crores) |
284.37
|
276.9
|
283
|
|
Revenue (₹ Crores) |
40.06
|
34.66
|
31.07
|
|
PAT (₹ crores)
|
8.96
|
5.11
|
3.56
|
PropShare Titania IPO Quota Allocation
- QIB Investors: 75% of the net issue
- NII (HNI) Investors: 25% of the net issue
Listing Date of PropShare Titania IPO
- Subscription Period: 21 July to 25 July 2025
- Basis of Allotment Finalization: 30 July 2025
- Initiation of Refunds: 31 July 2025
- Listing Date: 4 Aug 2025
- Listing on: BSE
PropShare Titania IPO FAQs (Frequently Asked Questions)
What is the total issue size of PropShare Titania’s IPO?
The total size of PropShare Titania’s IPO is ₹473 Cr.
When will PropShare Titania IPO open and close?
PropShare Titania’s IPO will open for subscription on 21 July 2025 and close on 25 July 2025.
What is the lot size for PropShare Titania IPO?
Retail Investors can bid for a minimum of 1 lot. And one lot will cost you around ₹10,60,000.
What is the share allotment date for PropShare Titania IPO?
The allotment of shares is expected to be completed by 30 July 2025.
Where will PropShare Titania shares be listed?
The shares are planned to be listed on BSE.
Happy investing and thank you for reading!
Disclaimer:
This website content is only for educational purposes, not investment advice. Before making any investment, it’s important to do your own research and be fully informed. Investing in the stock market includes risks, and you should carefully read the Risk Disclosure documents before proceeding. Please remember that past performance doesn’t guarantee future results, and due to market fluctuations, your investment goals may not always be achieved.
