Mumbai, Aug. 6 -- The initial public offer (IPO) of Knowledge Realty Trust (REIT) received bids for 67,38,88,350 units as against 20,84,20,800 units on offer, as per the Bombay Stock Exchange (BSE) website data at 17:00 IST on 6 August 2025. The issue was subscribed 3.23 times.
The issue opened for bidding today, 5 August 2025 and it will close on Thursday, 7 August 2025. The price band of the IPO is fixed at Rs 95 to 100. The minimum order quantity is 150 units.
The IPO comprises fresh units, aggregating to Rs 4,800 crore. The proceeds from the offer will be utilised towards partial or full repayment or prepayment of certain financial indebtedness of the asset SPVs and the investment entities, amounting to Rs 4,640 crore and general pu...
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