Nexus Select Trust (REIT)
May 9, 2023 – May 11, 2023
| Price | ₹95 - ₹100 |
| Premium | ₹3 |
|---|---|
| Lot size | 150 |
| Allotment | May 17, 2023 |
| Listing | May 19, 2023 |
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Listing Price
| Exchange | Listing Price | Gain/Loss | % |
|---|---|---|---|
| NSE | ₹102.27 | +₹2.27 | +2.27% |
| BSE | ₹103.00 | +₹3.00 | +3.00% |
Subscription
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 4.81 |
| Others | 6.23 |
| Total | 5.45 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail (10000 to 2 lakh) | 1 | 150 | 15000 | 0 |
Nexus Select Trust is India's leading real estate investment trust. Nexus Select Trust is India's leading consumption centre platform with 17 Grade-A best-in-class Urban Consumption Centres spread across 14 cities.
The company owns 17 Grade A urban consumption centres with a total Leasable Area of 9.8 msf, two complementary hotel assets (354 keys), and three office assets of 1.3 msf as of December 31, 2022.
The company has curated a healthy mix of tenants across sectors such as apparel and accessories, hypermarket, entertainment, and food and beverages (F&B). Nexus is also working across 50+ ESG initiatives to create a positive impact on people and the environment.
Nexus Select Trust serves across 14 cities in India including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, which constituted 30% of India's total discretionary retail spending in FY20.
Nexus Select Trust REIT Details
| Total Issue Size | 32,00,00,000 shares (aggregating up to ₹3,200.00 Cr) |
| Fresh Issue | 14,00,00,000 shares (aggregating up to ₹1,400.00 Cr) |
| Offer for Sale | 18,00,00,000 shares of ₹ (aggregating up to ₹1,800.00 Cr) |
| Issue Type | Book Built Issue REIT |
| Listing At | BSE, NSE |
Nexus Select Trust REIT Reservation
| QIB Shares Offered | Not more than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not less than 25.00% of the Offer |
Company Financials
| Period Ended | 31-Mar-20 | 31-Mar-21 | 31-Mar-22 | 31-Dec-22 |
|---|---|---|---|---|
| Total Assets | 9,527.64 | 8,959.36 | 9,089.77 | 8,989.53 |
| Total Revenue | 1,708.19 | 1,047.97 | 1,398.52 | 1,498.35 |
| Profit After Tax | 206.74 | -199.11 | -10.95 | 257.02 |
| Reserves and Surplus | 976.05 | 340.89 | 389.15 | 639.31 |
| Total Borrowing | 5,955.67 | 6,281.38 | 6,311.20 | 5,872.31 |
Strength
Weakness
Latest Announcements
| Date | Subject | Attachment Text |
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Financial Results
Lead Manager(s)
- Axis Capital Limited
- Bofa Securities India Limited
- Citigroup Global Markets India Private Limited
- Hsbc Securities & Capital Markets Pvt Ltd
- Iifl Securities Ltd
- J.P. Morgan India Private Limited
- Jm Financial Limited
- Kotak Mahindra Capital Company Limited
- Morgan Stanley India Company Pvt Ltd
- SBI Capital Markets Limited
Address
Nexus Select Trust
Embassy 247, Unit No. 501,
B Wing, Lal Bahadur Shastri Marg,
Vikhroli West, Mumbai 400 083
Phone: +91 22 6280 5000
Email: investor.relations@nexusmalls.com
Website: https://www.nexusselecttrust.com/