Mumbai, July 28 -- The initial public offer of PropShare Platina SM REIT IPO received bids for 7,253 shares as against 4,493 shares on offer. The issue was subscribed 1.61 times.

The institutional investors category, comprising foreign institutional investors, domestic financial institutions, and mutual funds, was subscribed just 0.01 times. The other investor category, made up of corporations, individual investors, and others, was subscribed to 6.44 times.

The issue opened for bidding on 21 July 2025 and it closed on 25 July 2025. The price band of the IPO is fixed at Rs 10 lakh to 10.60 lakh.

The IPO comprised a fresh issue of 4,493 equity shares, aggregating up to Rs 473 crore.

The proceeds from the offer will be utilized towards t...