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Propshare Celestia IPO

₹1000000 – ₹1000000 · Issue Size ₹245 Cr

IPO Overview

StatusClosed
Price Band₹1000000 – ₹1000000
Issue Size₹245 Cr
Lot Size1 shares
Min Investment₹10,50,000
Face Value
Issue Structure
Fresh Issue₹245 Cr
Offer for Sale
Total Size₹245 Cr

IPO Timeline

Open Date10 Apr 2026
Close Date16 Apr 2026
Allotment17 Apr 2026
Refund20 Apr 2026
Credit to Demat20 Apr 2026
Listing Date24 Apr 2026

Strengths & Weaknesses

Strengths

  • Project Celestia is part of Stratum @ Venus Grounds, a landmark IGBC Platinum-certified, Grade A+ mixed-use commercial building with a unique atrium.
  • Sound business model with embedded rental growth and stable cash flows backed by a long WALE of 6.72 years.
  • 100% occupancy by a diversified tenant and end-user portfolio comprising three Fortune Global 500 companies, one Fortune 500 company and other notable tenants.
  • Ahmedabad is a rapidly strengthening infrastructure and growth corridor.
  • Located in prime Nehru Nagar between CBD and SBD, close to BRTS, metro and the upcoming bullet train, with low vacancy and no upcoming Grade A+ supply.
  • Experienced investment and asset management team with board oversight, strong corporate governance and marquee investors.

Shareholding Pattern

Post-IPO
Category%
PropShare Investment Manager5.02%
AltCap Yield Fund II12.27%
Poonawalla Finance12.23%
Ambit Wealth8.15%

Pre-IPO Financials

PeriodRevenue (Cr)PAT (Cr)Net Worth (Cr)Total Assets (Cr)
June 2024₹31 Cr₹5 Cr₹20 Cr
March 2025₹2,025 Cr₹31 Cr₹20 Cr
2024-25₹2,025 Cr₹20 Cr

About

PropShare Celestia is a 3rd SM Reit Scheme launched by the Property Share Investment Trust. Property Share is India’s first small and Medium REIT. PropShare Celestia allows investors to invest in real estate buildings and earn income without directly buying the whole property. Under the PropShare Celestia scheme, investors can invest in seven floors of a premium commercial building called Stratum @ Venus Grounds, located in the prime area of Nehru Nagar in Ahmedabad. These schemes allow investor

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