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/
