The PropShare Celestia IPO is set to open on April 10, 2026, and will close on April 16, 2026. This IPO is a Book Build Issue, aiming to raise approximately ₹245 crores, entirely through a fresh issue.
This IPO is unique as it belongs to an SM REIT (Small and Medium Real Estate Investment Trust), offering investors an opportunity to invest in premium commercial real estate assets.(IPO UPDATES)
📌 PropShare Celestia IPO – Key Highlights
| Particulars | Details |
|---|---|
| IPO Open Date | April 10, 2026 |
| IPO Close Date | April 16, 2026 |
| Allotment Date | April 17, 2026 |
| Listing Date | April 24, 2026 |
| Face Value | ₹[.] per share |
| Price Band | ₹10,00,000 to ₹10,50,000 |
| Issue Size | ₹245 Crores |
| Issue Type | Book Build Issue |
| Listing Exchange | BSE |
💰 PropShare Celestia IPO Price Band
- Minimum Price: ₹10,00,000 per unit
- Maximum Price: ₹10,50,000 per unit
👉 This is a high-ticket investment IPO, making it more suitable for HNI/NII investors rather than retail participants.
📊 PropShare Celestia IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1 | ₹10,50,000 |
- Minimum investment required is ₹10.5 Lakhs
📈 PropShare Celestia IPO Reservation
| Category | Reservation |
|---|---|
| QIB | 75% |
| NII (HNI) | 25% |
| Retail | Not specified |
📅 PropShare Celestia IPO Important Dates
- IPO Open: April 10, 2026
- IPO Close: April 16, 2026
- Allotment Finalization: April 17, 2026
- Refunds Initiation: April 20, 2026
- Shares Credit: April 20, 2026
- Listing Date: April 24, 2026
🏢 About PropShare Celestia
PropShare Celestia is the third SM REIT scheme launched by Property Share Investment Trust, India’s first SM REIT platform.
This scheme allows investors to:
- Invest in commercial real estate assets
- Earn rental income
- Benefit without owning full property
📍 Project Details
- Property Name: Stratum @ Venus Grounds
- Location: Nehru Nagar, Ahmedabad
- Total Area: 2,07,838 sq. ft.
- Floors Offered: 7 floors
🏢 Key Tenants
The property is leased to strong tenants including:
- Tech Mahindra
- Smartworks Coworking Spaces Ltd.
- EFC Limited
- Paragraph Khajanchi Business Centre LLP
- Other tenants including:
- Private bank
- US-based services company
- Data analytics firm
- B2B e-commerce company
👉 Total 10 tenants, ensuring diversified rental income.
🎯 Objects of the Issue
The company plans to utilize IPO proceeds for:
- ₹237.91 Cr → Acquisition of Project Celestia
- Payment of:
- Stamp duty
- Registration charges
- Legal/statutory costs
- Investment into SPVs (equity + debt)
📉 Financials (₹ in Crores)
| Year | Revenue | Profit | Assets |
|---|---|---|---|
| 2023 | NA | NA | NA |
| 2024 | NA | NA | NA |
| 2025 | NA | NA | NA |
⚠️ Financial data is currently not disclosed.
📊 Valuation (FY2025)
| KPI | Value |
|---|---|
| EPS | NA |
| P/E Ratio | NA |
| ROE | NA |
| ROCE | NA |
| NAV | NA |
📉 PropShare Celestia IPO GMP (Grey Market Premium)
- GMP: Not started yet
👉 GMP will be updated once grey market trading begins.
🏦 IPO Lead Manager & Registrar
Lead Manager:
- Ambit Pvt. Ltd.
Registrar:
- Kfin Technologies Ltd.
📝 How to Apply for PropShare Celestia IPO
You can apply via:
- ASBA through bank account
- UPI via stock brokers
- Offline IPO form via broker
⭐ PropShare Celestia IPO Review
✅ Positives:
- First-mover advantage in SM REIT segment
- Investment in premium commercial property
- Diversified tenant base
- Regular rental income potential
⚠️ Risks:
- Very high investment amount
- Limited liquidity compared to stocks
- Financial data not fully disclosed
- Dependent on real estate market
👉 Overall Review:
Suitable for high net-worth investors (HNIs) looking for real estate exposure + passive income.
❓ FAQs – PropShare Celestia IPO
Q1. What is PropShare Celestia IPO?
It is an SM REIT IPO aiming to raise ₹245 crore.
Q2. What is the IPO price band?
₹10,00,000 to ₹10,50,000 per unit.
Q3. What is the minimum investment?
₹10.5 Lakhs (1 unit).
Q4. When is allotment date?
April 17, 2026.
Q5. When will it list?
April 24, 2026 on BSE.
📢 Final Verdict
The PropShare Celestia IPO is not a typical IPO—it’s a real estate investment opportunity via REIT structure.
✔ Best for:
- HNIs
- Long-term income investors
- Real estate exposure seekers
❌ Not ideal for:
- Small retail investors
- Short-term listing gain seekers
DISCLAMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
