IGI Logo

Below are Views On Brookfield India upcoming IPO By Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd 

Brookfield India to hit IPO market on 3rd February 2021 with net issue size of ₹3800 Cr. Brookfield India coming with the REIT (Real Estate Trust), Brookfield is India’s only institutionally managed public commercial real estate vehicle. REIT owns an initial portfolio of 4 large campus format office parks which are located in Mumbai, Gurugram, Noida and Kolkata. Reit has an initial portfolio size of 14.o Msf, comprising 10.3 Msf of completed area, 0.1 under development and 3.7 Msf of future development. This will be the 3rd REIT to be listed in India after Embassy and Mindspace.Issue will open on 3rd February to 5th February 2021, with a lot size of 200 units and price band of 274-275.

Above views are of the author and not of the website kindly read disclaimer