Property Share Investment Trust is a SEBI-registered Small and Medium Real Estate Investment Trust (REIT) that was incorporated in June 2024. The Trust has introduced its second investment scheme, PropShare Titania, which is now open for public investment through an Initial Public Offering (IPO).
The Trustee of Property Share Investment Trust is Axis Trustee Services Limited, which provides a range of services including debenture trusteeship, security trusteeship, facility agency, escrow agency, and custody services.
The PropShare Titania IPO opened for subscription on July 21, 2025, and will close on July 25, 2025. The company aims to raise approximately ₹473 crores through this IPO, which consists entirely of a fresh issue. The price per share has been fixed within the range of ₹10 lakh to ₹10.6 lakh. The offering allocates 75% of shares to Qualified Institutional Buyers (QIBs) and 25% to High Net-Worth Individuals (HNIs), with no allocation for retail investors. The allotment process is expected to conclude by July 30, 2025, followed by the stock’s BSE listing on August 4, 2025.
Share distribution follows a 75:25 ratio between QIBs and HNIs respectively, excluding retail participation. Successful applicants will receive their allotment by July 30, 2025, with trading commencing on BSE from August 4, 2025.
In terms of financial performance, the company reported a revenue of ₹40.07 crores in 2025, up from ₹34.67 crores in the previous year, indicating steady growth.
PropShare Titania IPO Details
| IPO Date | July 21, 2025 to July 25, 2025 |
| Listing Date | [.] |
| Face Value | ₹[.] per share |
| Issue Price Band | ₹1000000 to ₹1060000 per share |
| Lot Size | 1 Shares |
| Total Issue Size | Approx ₹473.00 Crores |
| Issue Type | Book Built |
| Listing At | BSE |
PropShare Titania IPO Dates
PropShare Titania IPO bidding period spans five days, starting July 21 and ending July 25, 2025.
| IPO Open Date | Mon, Jul 21, 2025 |
| IPO Close Date | Fri, Jul 25, 2025 |
| Tentative Allotment | Wed, Jul 30, 2025 |
| Refunds | Thu, Jul 31, 2025 |
| IPO Listing Date | Mon, Aug 4, 2025 |
| UPI Mandate Confirmation Deadline | 5 PM on July 25, 2025 |
PropShare Titania IPO Market Lot
The minimum investment for PropShare Titania IPO is set at 1 share, requiring an application amount of ₹10,60,000.
| Application | Lot Size | Shares | Amount |
| All Investors | 1 | 1 | ₹10,60,000 |
