Brookfield India Real Estate Trust REIT IPO

Brookfield IPO
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The Brookfield REIT is an institutionally managed public commercial real estate vehicle and is sponsored by an affiliate of Brookfield Asset Management (BAM) – one of the world’s largest alternative asset managers with approximately USD575 billion in assets under management, as of 30 September 2020. 

The REIT’s initial portfolio includes four large campus-format office parks, located in India’s key gateway markets – Mumbai, Gurugram, Noida and Kolkata.

Its initial portfolio totals 14.0 msf, comprising 10.3 msf of Completed Area, 0.1 msf of Under Construction Area and 3.7 msf of Future Development Potential.

The completed area has a Same Store Committed Occupancy of 92% (and a 87% Committed Occupancy, which includes the recently completed 0.5 msf at Candor Techspace N1) and is leased to marquee tenants with 75% of Gross Contracted Rentals contracted with multi-national corporations such as Barclays, Bank of America Continuum, RBS, Accenture, Tata Consultancy Services and Cognizant.

Brookfield IPO

Competitive Strengths

  • 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.

Company Promoters

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

Company Financials

ParticularsFor the year/period ended (₹ in million)
30-Sept-2031-Mar-2031-Mar-1931-Mar-18
Total Assets51,367.1553,780.5050,436.9748,932.97
Total Revenue4,674.669,813.959,298.308,662.51
Profit After Tax(739.22)151.22(157.45)1,610.84

Objects of the Issue

  • To make partial or full payment of existing indebtedness of the Asset SPVs.
  • To meet general corporate purposes.
Brookfield IPO
Object Of The Issue

Brookfield India REIT IPO Details

IPO Opening DateFEB 03, 2021
IPO Closing DateFEB 05, 2021
Issue TypeBook Built Issue REIT
Face Value₹10 per equity share
IPO Price[274] to [275] per equity share
Market Lot200 Shares
Min Order Quantity200 Shares
Listing AtBSE, NSE
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)

Brookfield India REIT IPO

IPO Open DateFEB 3, 2021
IPO Close DateFEB 5, 2021
Finalization Basis of AllotmentFEB 11, 2021
Initiation of RefundsFEB 12, 2021
Credit of Shares to Demat AccountFEB 12, 2021
IPO Listing DateFEB 17, 2021

Brookfield India REIT IPO Lots Size & Price (Retail)

ApplicationLotsSharesAmount ( Cut-Off)
Minimum120055,000
Maximum1326007,15,000

Brookfield IPO: How To Apply

Promoters play a very important role in raising much-needed business revenue.

Brookfield IPO
How To Apply IPO

Apply For Brookfield IPO Through ASBA

First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.

You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.

All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.

The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.

Now, most of you are probably thinking about how to use the Brookfield IPO with ASBA. The process can be completed online or offline for your convenience.

Apart from this, you can also bid for an Brookfield IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)

Company Contact Information

Brookfield India Real Estate Trust
Candor TechSpace IT/ ITES SEZ
Building 5A/10, Tikri (Near Subash Chowk)
Gurugram 122 018

Phone: +91 22 6600 0700
Email: reit.compliance@brookfield.com
Websitehttps://www.brookfieldindiareit.in/

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