Brookfield India IPO:GMP, Issue Size, Issue price, IMP Dates.

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Brookfield India ipo is India’s only institutionally managed public commercial real estate company and is all set to make a debut in the stock market with an issue size of 3800 Cr.     

Brookfield India IPO –Overview    

Brookfield India IPO Issue Date           3-5 Feb 2021          
Brookfield India IPO Opening Date           3 Feb 2021         
Brookfield India IPO Face Value           INR 10 per share           
Brookfield India IPO Price           INR 275 per share          
Brookfield India IPO Lot Size           200 Shares          
Issue Size           3,800.00 Cr          
Offer for sale           3,800.00 Cr 
Issue Type           Book built Issue IPO           
Listing At           BSE, NSE.
QIB Shares Offered             4.78 times          
NII (HNI) Shares           11.52 times          
Company Promoters           BSREP India Office Holdings V Pte. Ltd is the promoter of the company. 

Brookfield India IPO Limited IPO-Tentative Dates           

Brookfield India IPO opening date           3 Feb 2021             
Brookfield India IPO closing date           5 Feb 2021              
Basis of Allotment           11 Feb 2021          
Initiation of Refunds           12 Feb 2021              
The credit of Shares to Demat          12 Feb 2021           
Brookfield India IPO Listing Date           17 Feb 2021          

Brookfield India IPO – Industry Overview.          

India’s office real estate landscape has significantly evolved over the last decade. From most of the office stock being unorganized into single standalone buildings with no amenities, the landscape has now consolidated with Grade-A developers owning large modern corporate IT parks with a rich amenity mix. The focus of developers on Grade-A commercial developments, backed by institutional capital and increasing demand from multinational tenants, has led to the onset of campus developments.  Multinational tenants strongly prefer such developments due to a well-curated amenity mix and better employee experience.  Consequently, these campuses operate at lower vacancies and above-average rental levels compared to the micro-market in which they are located. 

Brookfield India IPO – Company Overview     

Brookfield India Real Estate Trust is India’s only institutionally managed public commercial real estate company, sponsored by an affiliate of Brookfield Asset Management (BAM), part of Brookfield Group. 

The company has campus-format office parks strategically located in Mumbai, Noida, Gurugram, and Kolkata. Its portfolio comprises of 14.0 msf with 10.3 msf completed area, 0.1 msf under construction and 3.7 msf are of future development. Its completed area has an occupancy rate of 92%. 

Multi-national corporations like Barclays, Bank of America Continuum, RBS, TCS, Cognizant, and Accenture are some of the clients of Brookfield India Real Estate Trust. 

 Brookfield India IPO -Objectives           

  • To make partial or full payment of existing indebtedness of the Asset SPVs. 
  • To meet general corporate purposes. 

Brookfield India IPO – Financial Statements          

Particulars          31-Sept-20  31-Mar-20        31-Mar-19        
Total Assets          51,367.15 53,780.50 50,436.97 
Total Revenue          4,674.66 9,813.95 9,298.30 
Profit After Tax          739.22 1,410.66 157.45 

Brookfield India IPO – Strengths          

  • Global sponsorship by an affiliate of Brookfield Asset Management. 
  • Strategically located properties. 
  • Diversified tenant base across sectors. 
  • strong internal and external growth opportunities. 
  • Experienced senior management team. 

Company Contact Information 

Brookfield India Real Estate Trust 
Candor TechSpace IT/ ITES SEZ 
Building 5A/10, Tikri (Near Subash Chowk) 
Gurugram 122 018 
Phone: +91 22 6600 0700 
Email: reit.compliance@brookfield.com 
Website: https://www.brookfieldindiareit.in/ 

Brookfield India REIT Registrar 

Link Intime India Private Ltd 
 
Phone: +91-22-4918 6270 
Email: brookfield.reit@linkintime.co.in 
Website: https://linkintime.co.in/ 

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