Monarch Surveyors & Engineering Consultants Limited IPO...
19 Jul, 2025
PropShare Titania IPO
PropShare Titania, a key player in the real estate investment and property management sector, is launching its Initial Public Offering (IPO). The issue will be entirely a fresh issue, aiming to raise ₹473 crore. This highly anticipated PropShare IPO will be a significant milestone for India’s fast-growing real estate technology and yield platform sector. The opening date for the PropShare Titania IPO is July 21, 2025, with the closing date July 25, 2025. The company is set to become India’s second SEBI-registered Small and Medium Real Estate Investment Trust (SM REIT).
Company Background
The company, incorporated in June 2024, represents the latest innovation in real estate investment in India. The company’s focus relies on fractional ownership in income generating Grade A+ office properties, consisting of six floors of G Corp Tech Park, a prime commercial development in Thane, Mumbai Metropolitan Region, offering a leasable area of approximately 4.37 lakh square feet. The property is leased to well-established tenants such as Aditya Birla Capital, Concentrix and also a conglomerate with Japanese origin, conveying the rental income stability and diversified tenant base.
The sponsors and investment managers of the company are leaders in digitizing and democratizing institutional real estate investment in India with focus on increasing transparency, reducing ticket sizes and providing regular income to the investors. Axis Trustee Services Limited is the trustee for the company.
Operations and Asset Details
Core assets of PropShare Titania are fully leased, revenue generating commercial office properties selected for its tenants. The company is structured to provide stable rental income along with potential capital appreciation with long term commercial property market trends. PropShare maintains full compliance with SEBI’s SM REIT regulations along with full operational oversight and proper property management.
Brand and Market Presence
PropShare Titania is recognised for its transparency, strict due diligence, technologically advanced and safe fractional ownership structure that is appealing to both high net worth and institutional investors with its ability to provide access to prime real estate without the operational burden or traditionally high entry barriers.
PropShare IPO Revenue Model
PropShare generates its revenue from:
Rentals provided on lease for Grade A+ commercial assets to reputable corporate tenants.
Property values increase during the holding period or at exit resulting in capital appreciation.
Asset management and trust management fees, as stipulated by SEBI’s REIT regulations.
Management & Structure
Sponsor & Manager
Property Share Investment Trust, managed by a board of directors and a professional asset management team.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
PropShare Titania IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
PropShare Titania IPO Details
| Detail | Description |
|---|---|
| IPO Open Date | July 21, 2025 |
| IPO Close Date | July 25, 2025 |
| Listing Date | August 4, 2025 (BSE) |
| Issue Size | ₹473 crore (fresh issue only) |
| Face Value | - |
| Price Band | ₹10,00,000 to ₹10,60,000 per unit |
| Issue Type | Book Build |
| Listing At | BSE |
| QIB Quota | Up to 75% |
| NII Quota | Up to 25% |
| Retail Quota | Not earmarked |
| Leasable Area | 437,973 sq. ft. (approx.) |
PropShare Titania IPO Timeline
| Detail | Description |
|---|---|
| IPO Open | July 21, 2025 |
| IPO Close | July 25, 2025 |
| Basis of Allotment | July 30, 2025 |
| Refunds Initiated | July 31, 2025 |
| Credit to Demat | July 31, 2025 |
| Listing Date | August 4, 2025 |
PropShare Titania IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| All Investors | 1 | 1 | ₹10,60,000 |
PropShare Titania IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| - | - |
Competitive Strength:
- 1.Institutional-Grade Asset: Fully leased to blue-chip and Fortune 500 tenants, ensuring income stability and minimal vacancy risk.
- 2.High-Quality Diversified Tenancy: Broad tenant base across segments including finance, outsourcing and global multinationals.
- 3.Tech-Driven Platform: Streamlined and transparent structure that lowers the entry barrier for commercial property investing.
- 4.Regulatory Compliance: Operates under SEBI’s robust SM REIT framework, enhancing investor protection and trust.
- 5.Growing Demand for Alternative Yield: Fulfills rising investor appetite for dependable, regular income outside traditional bonds and equities.
PropShare Titania IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| March 31, 2023 | 283.00 | 30.63 | 3.56 | 76.21 | 169.81 | |||||||||||||||||||||||||||||||||||
| March 31, 2024 | 276.91 | 33.98 | 5.11 | 82.43 | 169.22 | |||||||||||||||||||||||||||||||||||
| March 31, 2025 | 284.37 | 39.50 | 8.96 | 92.29 | 150.74 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| EBITDA Margin (FY25) | 84.61% |
| Debt to Equity Ratio | 1.74 |
| ROE | 0.10 |
| ROCE | 0.12 |
| Price/Earning (P/E) | N/A |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | ||
| P/E (x) |
Objective of the PropShare Titania IPO
The proceeds of the PropShare Titania IPO will entirely be used for acquiring key commercial properties, extinguishing debenture liability (including accrued interest) and to meet issue-related trust expenses. With the PropShare IPO being an entirely fresh issue the funds will go directly to the REIT’s asset acquisition and management for the company's upliftment.
Conclusion
PropShare Titania IPO marks a turning point in India’s alternative investment landscape enabling professional and HNI investors to access stable, yield-generating, institutional-grade office real estate with transparency and compliance with SEBI and SM REIT structure. PropShare IPO provides a unique investment model, strong asset quality, tenant profile and digital-first approach to the investors. The structure, investor protections and consistent income profile makes the PropShare Titania IPO suitable for high net-worth and institutional investors seeking stable, asset-backed returns in the evolving Indian real estate market.
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
-
What is PropShare Titania IPO?
Property Share Investment Trust REIT IPO is a main-board SM REIT aggregating up to ₹473.00 Crores. The issue is priced at ₹1000000 to ₹1060000 per share. The minimum order quantity is 1.
-
When does the IPO open?
The PropShare REIT IPO opens on July 21, 2025 and closes on July 25, 2025.
-
What is the minimum lot size for PropShare Titania IPO?
The PropShare REIT IPO lot size is 1, and the minimum amount required for application is ₹10,60,000.
-
What is the listing date for the PropShare Titania IPO?
The PropShare REIT IPO listing date is not yet announced. The tentative date of PropShare Titania IPO listing is Monday, August 4, 2025.
-
When is the Allotment for the PropShare Titania IPO?
The finalization of Basis of Allotment for PropShare IPO will be done on Wednesday, July 30, 2025
