Knowledge Realty Trust owns and manages a high-quality, large-scale office portfolio in India.
Upon listing, it will:
✅ Become the largest office REIT in India based on Gross Asset Value (GAV) of ₹61,998.9 crore as of March 31, 2025.
✅ Be the second largest office REIT in Asia and one of the largest globally in terms of Leasable Area.
As of March 31, 2025, Knowledge Realty Trust owns a portfolio of 29 Grade A office assets with a total Leasable Area of 46.3 million sq ft.
This includes 37.1 million sq ft of completed area, 1.2 million sq ft under construction, and 8.0 million sq ft reserved for future development.
The assets are spread across six key Indian cities: Bengaluru, Hyderabad, Mumbai, Chennai, Gurugram, and GIFT City, Ahmedabad.
The portfolio features a mix of city-center offices and large integrated business parks. It serves a diverse tenant base, including Fortune 500 companies, Global Capability Centers (GCCs), and major Indian corporates.
It has a diversified tenant mix of prominent multinational tenants, including Fortune 500 companies, Global Capability Centers (GCCs), and leading domestic corporates.
Knowledge Realty Trust REIT IPO – Details
| IPO Opening Date | 05 August 2025 |
| IPO Closing Date | 07 August 2025 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 48,00,00,000 Shares Worth ₹4,800.00 Crore Fresh Issue: 48,00,00,000 Shares Worth ₹4,800.00 Crore |
| Face Value | ₹[] per equity share |
| IPO Price | ₹95 – ₹100 per share |
| Market Lot | 150 Shares |
| Min Order | 150 Shares [ 1 Lot ] |
| Listing At | BSE, NSE |
| Register | Kfin Technologies Limited |
| QIB Shares Offered | 75% |
| NII (HNI) Shares Offered | 25% |
Knowledge Realty Trust REIT IPO – Date Schedule
| IPO Open Date | 05 August 2025 |
| IPO Close Date | 07 August 2025 |
| Basis of Allotment | 12 August 2025 |
| Initiation of Refund | 13 August 2025 |
| Credit of Shares to Demat Account | 13 August 2025 |
| IPO Listing Date | 18 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 07, 2025 |
Knowledge Realty Trust REIT IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| All Investors | 1 | 150 | ₹15,000 |
Competitive Strength
- Largest office REIT in India by GAV and NOI, and the most geographically diverse.
- Strategically located in India’s top-performing markets.
- High quality assets with robust infrastructure and a wide range of amenities.
- Diversified tenant base with an increasing focus on leading domestic corporates and GCCs.
- Long-standing tenant relationships driving tenant retention and growth.
- Robust business model with strong embedded growth, stable cash flows.
- Renowned sponsors (Blackstone and Sattva) with global experience and local knowledge.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | ₹3,115.97 Cr | ₹2,125.95 Cr | ₹219.24 Cr | ₹20,226.66 Cr |
| 31 March 2024 | ₹3,588.48 Cr | ₹2,280.24 Cr | ₹339.66 Cr | ₹19,757.58 Cr |
| 31 March 2025 | ₹4,146.86 Cr | ₹2,127.04 Cr | ₹222.52 Cr | ₹19,792.17 Cr |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and the Investment Entities. | ₹4,640.00 |
| General corporate purposes. |
✅Strengths
- Largest office REIT in India by asset value.
- Diversified, high-quality portfolio across 6 major cities.
- Strong tenant mix (Fortune 500, GCCs, top Indian firms).
- Backed by experienced sponsors (Blackstone & Sattva).
- Integrated management and focus on sustainability.
⚠️Risks
- Limited operating history as a newly formed trust.
- Regulatory borrowing and investment limits.
- Dependence on key tenants and select markets.
- Ongoing litigations and potential tax inefficiencies.
- External market and economic risks.
Highway Infrastructure IPO Prospectus
Company Contact Information
| Knowledge Realty Trust One International Center, 14th Floor, Tower 1 Plot No. 612-613, Senapati Bapat Marg, Elphinstone Road, Lower Parel West, Mumbai, Maharashtra, 400013 Phone: 91-22-6868 4400 Email: info@knowledgerealtytrust.com Website: https://www.knowledgerealtytrust.com/ |
Knowledge Realty Trust REIT IPO Registrar
| Kfin Technologies Limited Phone: 04067162222, 04079611000 Email: knowledge.reit@kfintech.com Website: https://kosmic.kfintech.com/ipostatus/ |
Knowledge Realty Trust REIT IPO Lead Manager(s)
| 1. Kotak Mahindra Capital Company Limited 2. Axis Capital Limited 3. BofA Securities India Limited 4. ICICI Securities Limited 5. IIFL Capital Services Limited (formerly known as IIFL Securities Limited) 6. JM Financial Limited 7. Morgan Stanley India Company Private Limited 8. SBI Capital Markets Limited |
Knowledge Realty Trust REIT IPO FAQs
| What is Knowledge Realty Trust REIT IPO? Knowledge Realty Trust REIT IPO is a main-board IPO. The issue is priced at ₹95 to ₹100 per equity share. The IPO is to be listed on BSE & NSE. |
| When will Knowledge Realty Trust REIT IPO open? The IPO is to open on 05 August 2025 for QIB, NII, and Retail Investors. |
| What is Knowledge Realty Trust REIT IPO Investors Portion? The investors’ portion is QIB – 75%, and NII – 25%. |
| How to Apply the Knowledge Realty Trust REIT IPO? You can apply Knowledge Realty Trust REIT IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Knowledge Realty Trust REIT IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Knowledge Realty Trust REIT IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Knowledge Realty Trust REIT IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Knowledge Realty Trust REIT IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Knowledge Realty Trust REIT IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Knowledge Realty Trust REIT IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Knowledge Realty Trust REIT IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Knowledge Realty Trust REIT IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Knowledge Realty Trust REIT IPO Size? Knowledge Realty Trust REIT IPO size is ₹4,800.00 Crore. |
| What is the Knowledge Realty Trust REIT IPO Price Band? Knowledge Realty Trust REIT IPO Price Band is ₹95 to ₹100. |
| What is the Knowledge Realty Trust REIT IPO Allotment Date? Knowledge Realty Trust REIT IPO allotment date is 12 August 2025. |
| What is the Knowledge Realty Trust REIT IPO Listing Date? Knowledge Realty Trust REIT IPO listing date is 18 August 2025. The IPO is to be listed on BSE and NSE. |
