Nexus Select Trust IPO Upcoming IPO Real Estate Investment – Should You Invest ?

Nexus Select Trust IPO

Nexus Select Trust stands as the paramount real estate investment trust in India, holding the throne as the top consumption center platform. Its 17 Grade-A Urban Consumption Centers stretch across 14 distinct cities, boasting best-in-class standards that few others can compare to.

The company proudly possesses a collective 9.8 msf Leasable Area, encompassing a grand total of 17 Grade A urban consumption centres, along with two complementary hotel assets totaling 354 keys, and three 1.3 msf office assets as of December 31st, 2022.

Nexus has meticulously selected a healthy blend of tenants across sectors such as apparel and accessories, hypermarkets, entertainment, and F&B, showcasing a keen eye for detail and sophistication. With over 50 ESG initiatives underway, Nexus is paving the way to create a positive impact on the people and environment around them.

Nexus Select Trust has managed to capture the hearts of consumers in 14 major cities in India, including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai. These areas alone made up an astounding 30% of India’s total discretionary retail spending in FY20, cementing Nexus’ status as a top contender in the market.

Nexus Select Trust IPO Details

Nexus Select REIT IPO Dates 9 – 11 May 2023
Nexus Select REIT IPO Price INR 95 – 100 per share
Fresh issue INR 1,400 crore
Offer For Sale INR 1,800 crore
Total IPO size INR 3,200 crore
Minimum bid (lot size) Coming soon
Face Value  Not applicable
NII Allocation 25%
Listing On BSE, NSE

Nexus Select Trust IPO Tentative Timetable

Nexus Select Trust REIT opens on May 9, 2023, and closes on May 11, 2023.

Event Tentative Date
Opening Date May 9, 2023
Closing Date May 11, 2023
Basis of Allotment May 16, 2023
Initiation of Refunds May 17, 2023
Credit of Shares to Demat May 18, 2023
Listing Date May 19, 2023
UPI Mandate Confirmation Cut-Off Time 5.00 PM on the issue closing day

Nexus Select Trust Financial Information 

Nexus Select Trust Financial Information (Restated Consolidated)
Period Ended Total Assets Total Revenue Profit After Tax Reserves and Surplus Total Borrowing
31-Mar-20 9,527.64 1,708.19 206.74 976.05 5,955.67
31-Mar-21 8,959.36 1,047.97 -199.11 340.89 6,281.38
31-Mar-22 9,089.77 1,398.52 -10.95 389.15 6,311.20
31-Dec-22 8,989.53 1,498.35 257.02 639.31 5,872.31

Objects of the Nexus Select Trust IPO

The Nexus Select Trust will not receive any proceeds from the offer for sale and the proceeds received will not form part of the net proceeds.

The Net Proceeds from the Fresh Issue will be utilised towards the following objects:

  • Partial or full repayment or prepayment and redemption of certain financial indebtedness of the Asset SPVs and the Investment Entity;
  • Acquisition of stake and redemption of debt securities in certain Asset SPVs; and
  • General purposes

Nexus Select REIT Offer Registrar

Selenium Tower – B, Plot 31 & 32, Gachibowli,
Financial District, Nanakramguda, Serilingampally,
Hyderabad – 500 032, Telangana
Telephone: +91 40 6716 2222
Email: [email protected]

Nexus Select REIT Contact Details

Embassy 247, Unit No. 501, B Wing,
Lal Bahadur Shastri Marg, Vikhroli West, Mumbai 400 083
Phone: +91 22 6280 5000
E-mail: [email protected]

Nexus Select Trust IPO Allotment Status

Nexus Select REIT IPO allotment status will be available on the KFin Tech website. Click on this link to get allotment status.

Nexus Select Trust IPO Dates & Listing Performance

Nexus Select REIT IPO Opening Date 9 May 2023
Nexus Select REIT IPO Closing Date 11 May 2023
Finalization of Basis of Allotment 16 May 2023
Initiation of refunds 17 May 2023
Transfer of shares to demat accounts 18 May 2023
Nexus Select REIT Listing Date 19 May 2023
Opening Price on NSE SME Coming soon
Closing Price on NSE SME Coming soon

Nexus Select REIT IPO FAQs

How many shares in Nexus Select REIT IPO are reserved for HNIs and retail investors?

The investors’ portion for Institutional Investors – 75%, and NII – 25%.

How to apply for Nexus Select REIT Public Offer?

The best way to apply for Nexus Select REIT public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is Nexus Select REIT IPO GMP today?

Nexus Select REIT IPO GMP today is INR NA per share.

What is Nexus Select REIT kostak rate today?

Nexus Select REIT kostak rate today is INR NA per application.

What is Nexus Select REIT Subject to Sauda rate today?

Nexus Select REIT Subject to Sauda rate today is INR NA per application


Nexus Select Trust IPO


Open your Demat account with Below Brokers






Leave a Comment