“IPO Service From Education To Execution”
Mainstream REIT Structuring & Listing Services

Mainstream REIT Structuring & Listing Services

Bringing Institutional Real Estate to the Public Markets

The real estate industry in India is transforming asset-based models to capital-intensive approaches. To developers, asset owners and investment platforms with large-scale income-generating assets, Real Estate Investment Trusts (REITs) provide an opportunity of a lifetime to raise long-term capital without losing property control.

REITs unlock the value of stabilized rental portfolios by turning them into publicly traded units that allow constant income distributions to investors and liquidity to sponsors. Now its the right time to consider issuing REITs in India with a strong regulatory framework of SEBI and an increasing appetite of investors.

India IPO being one of the best REIT issue consultants India enables you to design, structure and list your REIT in a fully regulatory-compliant, investor-friendly friendly and execution-assisted manner- from concept to IPO and beyond.

What is a REIT?

A REIT (Real Estate Investment Trust) is an investment vehicle that is based on trusts that own and manage income-producing real estate and pass most of its income to the unit holders. REITs are listed on the stock exchange and are governed by SEBI to provide transparency, governance and retail/institutional investor confidence.

Key Highlights:

  • Pooling of capital in a trust structure by public investors
  • Portfolio consists of office parks, malls, warehouses, etc.
  • Compulsory listing and income distribution quarterly
  • Units are traded on NSE/BSE just as equity shares
  • Open to retail, HNI and institutional investors

India IPO’s End-to-End REIT Advisory Services

As a real estate developer, sponsor group, private equity owner or asset manager, we support you to transfer your yield-generating asset portfolio to the REIT market in India in an efficient and compliant way.

1. Initial Feasibility & Structuring

  • Technical and commercial due diligence on assets
  • Lease audit and tenant quality analysis
  • Title verification and legal documentation review
  • Capital structuring & income simulation models
  • SPV consolidation and property transfer planning

2. REIT Trust & Entity Formation

  • Drafting and registration of the REIT Trust under the Indian Trusts Act
  • Formation of SPVs (Special Purpose Vehicles)
  • Appointment of Sponsor, Manager and Trustee
  • Defining scheme structure and segregation of assets

3. Regulatory Advisory & SEBI Compliance

  • Preparation and filing of REIT Offer Document via SEBI-registered Merchant Banker
  • Coordination with legal, financial and valuation experts
  • Filing under:
    • SEBI (REIT) Regulations, 2014
    • SEBI (ICDR) Regulations
    • Companies Act, 2013
  • Approval management with SEBI and stock exchanges

4. Intermediary Management & Due Process

  • Appointment of:
    • Independent Trustee (SEBI-registered, non-affiliated)
    • Valuer (5+ years in commercial real estate)
    • Custodians, Registrars, Auditors, Legal Advisors
  • Setting up escrow, depository and investor communication systems

5. Listing, Distribution & Post-Issue Support

  • Listing of REIT units on the NSE/BSE mainboard
  • Coordination with broker networks for IPO subscription
  • Ongoing compliance: disclosures, audits, governance
  • Quarterly distribution management to unit holders
  • Support for rights issues, acquisitions and mergers

SEBI REIT Regulatory Requirements

Regulatory Parameter Requirement
Minimum Asset Value ₹500 crore+ of completed rent-generating assets
Minimum Issue Size ₹250 crore+ public offer
Sponsor Commitment Minimum 15% holding for 3 years
Public Holding At least 25% of post-issue capital
Distribution Mandate 90% of Net Distributable Cash Flow (NDCF) must be distributed semi-annually
Leverage Limit Up to 49% of asset value (above 25% needs rating)
Valuation Half-yearly + upon acquisitions/disposals
Related Party Transactions Permitted only with unit-holder and Trustee approval
Trustee Independent of Sponsor and Manager
Investment Restrictions Max 20% in under-construction assets; 80% in completed income-generating properties

Ideal Use Cases for REIT Structuring

  • Institutional-grade office parks, IT SEZs, retail malls
  • Industrial parks, logistics hubs and warehousing facilities
  • Portfolios of leased assets held by developers or private equity funds
  • Yield-focused investors looking to exit or partially monetize income assets
  • Conversion of privately pooled real estate platforms into public REITs

Conversion & Listing of Existing Real Estate Platforms

If you're managing a Fractional Ownership Platform (FOP), YieldCo, or private asset pool:

  • We offer migration advisory to align with REIT norms
  • We support SEBI-compliant trust setup, investor conversion & filing
  • We help align SPV ownership, asset vetting and unit listing

Governance, Lock-In & Investor Protection

  • Trustee-led control for transparency and accountability
  • Sponsor lock-in of 15% units for 3 years (minimum)
  • Quarterly reporting, annual AGMs & mandatory financial disclosures
  • No related party transactions without prior approval
  • Valuation reports & audit schedules enforced under SEBI guidelines

Why India IPO?

  • Proven track record in listing large-scale capital market instruments
  • Strong compliance frameworks and regulatory network
  • Partner ecosystem of SEBI-registered intermediaries
  • Full handholding from idea to public market debut
  • Post-issue support for governance, investor relations and reporting

Let’s Take Your Real Estate Assets to the Public Market

If you have ₹500 crore+ in leased assets or want to build a REIT-ready portfolio — India IPO will walk with you across structuring, SEBI approval, public issue and SEBI REIT listing.

Logo
India IPO – Expert IPO Consultant
Online
✖️
👋 Welcome to India IPO!
How can we help you?
Start Chat
WhatsApp