---------Sponsered Searches---------

[Live Updates] Brookfield India REIT IPO Subscription Status, GMP & Allotment Status | Listing Date, Share Price, Issue Date & Review

---------Sponsered Ads---------

Short Info: ब्रूकफील्ड इंडिया आर ई आई टी आईपीओ सब्सक्रिप्शन स्टेटस, ग्रे मार्केट प्रीमियम, अलॉटमेंट स्टेटस 2021: Brookfield India Real Estate Trust REIT IPO Subscription Status, Grey Market Premium & Allotment Status (NSE & BSE India) Link Intime India Pvt. Ltd.: Subscription Status of Brookfield India REIT IPO, Brookfield India REIT GMP & Brookfield India REIT IPO Allotment Status | Brookfield India REIT IPO Price, Timetable, Listing Date, Share Price, Issue Date, Lot Size & Review at Official Website www.nseindia.com,www1.nseindia.com, linkintime.co.in & www.bseindia.com.

Short Article Details:
Name of Article Brookfield India REIT
IPO Subscription Status Active from 3rd Feb
Article Published On 01/28/2021
Article Updated on  02/10/2021

Table of Content

Table of Contents

ब्रूकफील्ड इंडिया आर ई आई टी आई पी ओ: Brookfield India REIT IPO Subscription Status, GMP, Issue & Listing Date, Expected Share Price News Update

Latest News Update: Brookfield India REIT IPO Subscription Status Link Intime, GMP Today, Expected Share Price
  • Brookfield India Real Estate Trust, backed by Canadian asset manager Brookfield Asset Management Inc, will raise ₹3800 crore through initial public offering (IPO).
  • The issue will open on 3 February and close on 5 February, Brookfield said in an advertisement on Thursday. The issue price will be between ₹274-275 per unit of the REIT.

Brookfield India REIT IPO Subscription Status Live:

Brookfield India REIT subscribed 7.94 times. The public issue subscribed [.] times in the retail category, 4.78 times in QIB, and 11.52 times in the NII category by Feb 5, 2021 05:00.

---------Sponsered Ads---------
Category Subscription Status
Qualified Institutional 4.78 Times
Non Institutional 11.52 Times
Retail Individual [.] Times
Employee [.] Times
Others [.] Times
Total 7.94 Times

Brookfield India REIT IPO Subscription Status 2021: Grey Market Premium & Allotment Status

Summary: The Brookfield India Real Estate Trust, owned by Canadian company Brookfield Asset Management Inc, will launch its writ IPO on February 3, 2021. The company plans to raise Rs 3800 crore through this REIT IPO. This IPO will be open from 3 to 5 February.

Brookfield India has fixed the issue price at Rs 274-275 per share for this IPO. The company will use the money raised through this IPO to discharge its debt.

This will be the third REIT IPO in India after the successful listing of Blackstone Group Inc backed Mindspace Business Parks REIT last year and Embassy Office Parks REIT in 2019.

For the financial year 2019-20, Brookfield REIT posted a profit of Rs 15.12 crore against a loss of Rs 15.75 crore a year ago.

We will discuss Brookfield India REIT IPO details such as price band, date, listing, allotment, financial performance, subscription, review, and broker view:

Brookfield India REIT 2021 – Overview
Name of Article Brookfield India REIT IPO Subscription Status
in Language ब्रूकफील्ड इंडिया आर ई आई टी सब्सक्रिप्शन की स्थिति
IPO Date Feb 3, 2021 to Feb 5, 2021
Issue Type Book Built Issue REIT
Issue Size [.] Eq Shares of ₹10
(aggregating up to ₹3,800.00 Cr)
Fresh Issue [.] Eq Shares of ₹10
(aggregating up to ₹3,800.00 Cr)
Offer for Sale
Face Value ₹10 per equity share
IPO Price ₹274 to ₹275 per equity share
Market Lot 200 Shares
Min Order Quantity 200 Shares
Listing At BSE, NSE
Important Dates: Brookfield India REIT Schedule
Event Dates
Bid/Offer Launch date Feb 3, 2021
Bid/Offer Last date Feb 5, 2021
Basis of Allotment finalization date Feb 11, 2021
Initiation of Refunds Feb 12, 2021
Credit of Shares to Demat Acct Feb 12, 2021
IPO Shares Listing Date Feb 17, 2021

Brookfield India REIT IPO Subscription Details (Day by Day)

According to the document, Brookfield REIT will sell 138.2 million units to 138.5 million units at ₹274 to ₹275 each between February 3 and 5.

Brookfield will be the third REIT to float an IPO after Mindspace Business Parks REIT and Embassy Office Parks REIT.

Brookfield India REIT subscribed 7.94 times. Brookfield India REIT received bids for [.] times issue size in retail, 4.78 times issue size in QIB, and 11.52 times issue size in the Non-institutional category by Feb 5, 2021 05:00.

Date QIB NII Total
Feb 3, 2021 05:00 0.03x 0.26x 0.15x
Feb 4, 2021 05:00 0.53x 0.96x 0.77x
Feb 5, 2021 05:00 4.78x 11.52x 7.94x

Brookfield India REIT IPO Subscription Status (Fully Subscribed)

Brookfield India Real Estate Trust, backed by Canadian asset manager Brookfield Asset Management Inc., is seeking to raise as much as $522 million in an Indian initial public offering, adding to the growing number of listings from the sector in the country.

Category Day 1 Day 2 Day 3
QIB 0.03x 0.53x 4.78x
NII 0.26x 0.96x 11.52x
Total 0.15x 0.77x 7.94x

Brookfield India REIT IPO GMP – IPO Grey Market Premium Today

Brookfield REIT is selling 138.2 million units to 138.5 million units at 274 rupees to 275 rupees each, according to terms of the deal obtained by Bloomberg News. It will take investor orders from Feb. 3 to Feb. 5 before a listing scheduled for Feb. 17, the terms show.

Brookfield India REIT IPO Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Brookfield India REIT IPO Date & Price Band:

 IPO Open:  03 February 2021
 IPO Close:  05 February 2021
 IPO Size:  Approx ₹3800 Crore (Approx)
 Face Value:  ₹10 Per Equity Share
 Price Band:  ₹274 to ₹275 Per Share
 Listing on:  BSE & NSE
 Retail Portion:  …%
 Equity:   Shares

Brookfield India REIT IPO Market Lot:

Minimum Lot Size:  Minimum 200 Shares
 Minimum Amount:  ₹55000
 Maximum Lot Size:  Maximum – Shares
 Maximum Amount:  ₹-

Brookfield India REIT IPO Shares Offered

Brookfield India REIT is a public issue of 76,278,200 equity shares. The issue offers 0 shares to retail individual investors, 41,605,400 shares to qualified institutional buyers, 34,672,800 share to non-institutional investors.

Category Shares Offered
QIB 41,605,400
NII 34,672,800
Total 76,278,200

Brookfield India REIT Allotment & Listing:

Basis of Allotment:  11 February 2021
 Refunds:  12 February 2021
 Credit to Demat Account:  12 February 2021
 Listing Date:  17 February 2021

How to Subscribe for Brookfield India REIT IPO?

Brookfield India Real Estate Trust, backed by Canadian asset manager Brookfield Asset Management Inc., is seeking to raise as much as $522 million in an Indian initial public offering, adding to the growing number of listings from the sector in the country.

You can apply in Brookfield India REIT IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

How to invest in Brookfield India REIT using Zerodha app

  • Login to Zerodha Kite console.
  • Go to IPO section in Portfolio
  • Choose the IPO you want to apply for from the list.
  • Enter the UPI ID, bid details like price and quantity.
  • Now hit submit.

How to invest in Brookfield India REIT using ICICI Direct app

  • Login to ICICIdirect.com.
  • Go to the IPO section in Trade & Invest.
  • Fill the bid details like price and quantity.
  • And hit submit once confirm the details.

How to invest in Brookfield India REIT using Angel Broking app

  • Log in to Angel Broking apps
  • Hit on ‘More’ on the top menu.
  • Click on ‘IPO’ from the dropdown.
  • Select the Brookfield India REIT and click the ‘Apply’ button.
  • Enter UPI ID, investor type, order quantity and price.
  • Click ‘Apply’ to place the IPO order

How to apply for the Brookfield India REIT IPO?

Step 1- You can submit your online application and make the payment through any supported UPI application via brokerages.

Step 2- To be able to create a UPI ID, you need to download the BHIM app, or any other UPI enabled bank application, where you own an account.

Step 3- While filing for the IPO make sure you mention the correct UPI ID.

Step 4- And after filling the application, the subscriber can submit the same to its financial advisor or brokerage.

Step 5- A request for blocking funds will be sent to the subscriber on the UPI mobile application. The subscriber would need to enter the UPI PIN to approve the block mandate.

Step 6- The funds will get blocked in the subscriber’s bank account, and once the allotment is done, the money will be debited from the blocked sum.

How to apply for the Brookfield India REIT IPO Online via Groww?

You can invest in Brookfield India REIT IPO on Groww, via your UPI ID. Here’s how:

Step 1- Applicant needs to login to your Groww account on web and then go to https://groww.in/ipo.

Step 2- You will be able to see a list of open, upcoming and recently closed IPOs.

Step 3- Select Brookfield India REIT IPO from the list of open IPOs If you are using the Groww app, then click on the stocks tab and scroll down to see the list of open IPOs.

Step 4- As you click on Brookfield India REIT IPO you will be able to view important details such as issue size, price etc on the IPO Card.

Step 5- You can also read the Red Herring Prospects for detailed information about the objects of the offer, promoters etc.

Step 6- Once you have read all the important information, click on ‘Apply’.

Step 7- Next, enter the bid price and quantity. You can either enter the price manually or place the bids at cut off price.

Step 8- The quantity will be in multiples of the lot size only which is 10 shares in the case of Brookfield India REIT. You can place upto 3 bids.

Step 9- Click on ‘Continue’ to proceed, once you have placed the bids.

Step 10- Enter UPI ID, verify bids and click on ‘Submit Bid‘.

Step 11- A request will be sent to your UPI app .

Step 12- Approve the mandate to confirm the order. Upon confirming, the highest bid amount will be blocked in your account and cannot be used for withdrawal.

Step 13- This amount will get unblocked in case you do not receive an allotment.

And that’s it! Your IPO application is complete! You can check the status of your IPO application on the sidebar. Any modifications or order cancellation can be done only till the time the IPO is open.

Brookfield India REIT IPO Allotment Status Online

Brookfield India REIT Allotment Status Online: Link Intime IPO Date and Time
Brookfield India REIT allotment status is not available at this time. IPO share allotment process takes 6 working days from the issue closing date. Please revisit us to check the latest updates for Brookfield India REIT IPO allotment status.

How to check Brookfield India REIT IPO Allotment status?

Here’s how to check Brookfield India REIT IPO Karvy, Linkintime, KFintech, BSEIndia & NSEIndia allotment status: If you have bid for the Indian Railway Finance Corporation IPO, you can check your allotment status by following these simple steps:

To check on the stock-exchange website:

Procedure to check Brookfield India REIT BSEIndia allotment status Online?

  • To check the Brookfield India REIT IPO allotment status, go to the BSE website.
  • Select ‘Equity’ and then from the dropdown, select ‘Brookfield India REIT’. Please note that the company will only appear once the allotment is done.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.

Procedure to check Brookfield India REIT NSEIndia Allotment status Online?

  • Investors can also check the status of the allotment on the BSE website NSE website.
  • Investors will have to select ‘equity’, and then the issue name as ‘Brookfield India REIT’ from the drop-down list, when it gets declared.
  • After that enter application number and PAN (permanent account number).
  • In the last step, click on the search tab to view the status details.

How to Check Brookfield India REIT allotment status at  ipo.alankit.com?

Brookfield India REIT IPO: Here’s how to check your allotment status

how do you check how many shares you have been allotted? The procedure is simple, as mentioned below:

  • You can check the status of your bid here: ipo.alankit.com.
  • Choose Brookfield India REIT as the name of the company from the drop-down menu and enter the application number or demat account number or PAN to check if you have got any allotment.
  • It is to be noted that the Brookfield India REIT name will only be available in the drop-down menu after the allotment basis has been finalised.

How to check Brookfield India REIT Linkintime allotment status?

You can also visit the Registrar website (Linkintime) to check your application status.

  • Visit the registrar’s website here.
  • Click on ‘Select company’ and click on Brookfield India REIT Tech IPO. It will only appear post allotment on September 14.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit’.

The application status will appear on the screen once you click ‘submit’ and if the details that you provided were correct. It will show the number of shares that you subscribed to and the number of shares that have been allotted to you.

How to check Brookfield India REIT share allotment status via KFintech Private Ltd website

KFin Technologies Pvt Ltd is the registrar to the issue, which is a SEBI-registered entity responsible for the IPO allotment and refund processing. The website has three links from where investors can view their allotment status.

  • Investors can check the allotment status on KFin Technologies website under ‘IPO Status’ section (https://ris.kfintech.com/ipostatus/) when it gets declared.
  • After that select the IPO and enter either your application number or DPID/Client ID or PAN.
  • In case of the application number box, select application type and enter the application number.
  • If the DPID/Client ID box is chosen, select the depository from the drop-down menu, enter DPIP, Client ID.
  • If the PAN option box was chosen, enter the permanent account number. In the last step, enter the given captcha and click submit.

KFintech IPO Allotment Status Link 1

KFintech IPO Allotment Status Link 2

KFintech IPO Allotment Status Link 3

Brookfield India REIT IPO Date, Price, GMP, Review, Analysis & Details (NSE & BSE India) 2021

ABOUT IPO Date, Price, GMP, Review, Analysis & Details
Brookfield India REIT IPO Subscription Status, Grey Market Premium & Allotment Status: Brookfield India REIT IPO Date, Price, GMP, Review, Analysis & Details (NSE & BSE India) 2021 – Brookfield India Real Estate Trust plan to raise as much as ₹3,800 crore through an initial public offering, the Trust backed by Canadian asset manager Brookfield Asset Management Inc., said in its offer document.

Brookfield, which manages $578 billion in assets globally, owns and operates about 22 million square feet of office properties in India, according to its website. It also operates toll roads, solar and wind assets, a construction business and real estate management services in the South Asian nation.

Company Promoters:

BSREP India Office Holdings V Pte. Ltd is the promoter of the company.

Company Financials:

In fiscal year 2020, Brookfield REIT posted a profit of Rs15.12 crore against a loss of ₹15.75 crore a year ago. Total income rose 5.54% from a year ago to ₹981.40 crore. As of March 2020, the company has a total debt of ₹6952.07 crore.

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in million)
30-Sept-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 51,367.15 53,780.50 50,436.97 48,932.97
Total Revenue 4,674.66 9,813.95 9,298.30 8,662.51
Profit After Tax (739.22) 151.22 (157.45) 1,610.84

Brookfield India REIT Lot Size

The Brookfield India REIT market lot size is 200 shares. A retail-individual investor can apply for up to lots ( shares or ).

Application Lots Shares Amount (Cut-off)
Minimum 1 200 ₹55,000
Maximum

Objects of the Issue:

Brookfield India REIT IPO Objects of the Issue
  • To make partial or full payment of existing indebtedness of the Asset SPVs.
  • To meet general corporate purposes.

Key Things Before Investing in Brookfield India REIT

Important Point about Brookfield India REIT
  • Brookfield India REIT had a profit of Rs 15.12 crore in FY2020.
  • Currently BPG Holdings Group Inc, a Brookfield entity, holds 99% stake in the REIT.
  • Global sponsorship by an affiliate of Brookfield Asset Management.
  • Strategically located properties.
  • Diversified tenant base across sectors.
  • strong internal and external growth opportunities.
  • Experienced senior management team.

Brookfield India REIT IPO Subscription FAQs:

When Brookfield India REIT IPO Subscription will start?

The IPO subscription starts on Feb 3, 2021, for QIB, NII, and Retail Investors.

How do I apply for the Brookfield India REIT IPO?

You can apply for the Brookfield India REIT using any supported UPI app by following two steps:

  • Enter your bid on Console
  • Accept UPI mandate on your phone

How to subscribe Brookfield India REIT?

You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.

When Brookfield India REIT will be listed?

The Brookfield India REIT IPO listing date is not yet announced. The Brookfield India REIT IPO is planned to list on Feb 2, 2021, at BSE, NSE.

When Brookfield India REIT date?

Brookfield India REIT Timetable
IPO Open Date Feb 3, 2021
IPO Close Date Feb 5, 2021
Basis of Allotment Date Feb 11, 2021
Initiation of Refunds Feb 12, 2021
Credit of Shares to Demat Account Feb 12, 2021
IPO Listing Date Feb 17, 2021

How to check Brookfield India REIT allotment status?

The Brookfield India REIT IPO allotment status is expected on or around Feb 11, 2021. Visit Brookfield India REIT IPO allotment status to check.

How do I check Brookfield India REIT IPO live subscription?

One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.

How to apply in Brookfield India REIT IPO through Zerodha?

Zerodha customers can apply online in Brookfield India REIT IPO using UPI as a payment gateway. Zerodha customers can apply in Brookfield India REIT IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Brookfield India REIT IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the ‘IRFC IPO’ row and click the ‘Bid’ button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Why I didn’t get allotment in Brookfield India REIT IPO?

The reason you didn’t get the Brookfield India REIT IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

Company Contact Information

COMPANY CONTACT NUMBER & ADDRESS
Brookfield India Real Estate Trust
Candor TechSpace IT/ ITES SEZ
Building 5A/10, Tikri (Near Subash Chowk)
Gurugram 122 018Phone: +91 22 6600 0700
Email: [email protected]
Website: https://www.brookfieldindiareit.in/

Leave a Comment

---------Sponsered Ads---------