The Om Power Transmission IPO is a ₹150.06 crore book-built issue, including a fresh issue…
Property Share Investment Trust IPO GMP Day-1: Grey Market Premium
The Propshare Celestia IPO is a book-built issue aggregating to ₹244.65 crore, comprising entirely a fresh issue of shares.
The IPO will open for subscription on April 10, 2026, and close on April 16, 2026. The allotment is expected to be finalized on April 17, 2026, and the company is likely to be listed on the BSE on April 24, 2026.The price band for the issue has been set between ₹10,00,000 and ₹10,50,000 per share.
Ambit Pvt. Ltd. is acting as the book running lead manager, while Kfin Technologies Ltd. has been appointed as the registrar to the issue.
Propshare Celestia IPO GMP
| Date | IPO GMP | GMP Trend | Gain |
|---|---|---|---|
| 10 April | ₹- | – | -% |
| 9 April | ₹- | – | -% |
| 8 April | ₹- | – | -% |
| 7 April | ₹- | – | -% |
| 6 April | ₹- | – | -% |
So far, no GMP movement has been recorded in the days leading up to the IPO. This flat trend indicates uncertain or weak initial sentiment among grey market participants.
Propshare Celestia IPO Details
| IPO Open Date | April 10, 2026 |
| IPO Close Date | April 16, 2026 |
| Face Value | ₹[.] Per Equity Share |
| IPO Price Band | ₹1000000 to ₹1050000 Per Share |
| Issue Size | Approx ₹245 Crores |
| Fresh Issue | Approx ₹245 Crores |
| Issue Type | Book build Issue |
| IPO Listing | BSE |
Propshare Celestia IPO Dates
| IPO Open Date: | April 10, 2026 |
| IPO Close Date: | April 16, 2026 |
| Basis of Allotment: | April 17, 2026 |
| Refunds: | April 20, 2026 |
| Credit to Demat Account: | April 20, 2026 |
| IPO Listing Date: | April 24, 2026 |
About Company
PropShare Celestia is the third scheme by Property Share Investment Trust, India’s first SEBI-registered SM REIT. It invests in seven floors of a premium commercial property (Stratum @ Venus Grounds) in Nehru Nagar, Ahmedabad.
The space (about 2.08 lakh sq. ft.) is leased to major co-working operators like Smartworks, EFC, and Paragraph, serving 10 diverse tenants including Tech Mahindra and a private bank—ensuring stable rental income.
Axis Trustee Services is the trustee, and PropShare Investment Manager Pvt. Ltd. manages the scheme.
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