Brookfield REIT IPO allotment finalised: Here is tips on how to test your shares

The preliminary public providing (IPO) of Brookfield India’s Real Estate Investment Trust (REIT) was met 7.94 occasions subscription over the 7.62 crore shares provided through the subscription interval from February 3-5, 2021. The value band was mounted at Rs 274-275 per share.
Brookfield REIT acquired bids of over 60.59 crore (60,59,44,400) shares in opposition to the full problem dimension of seven.62 crore (7,62,78,200) shares, information out there with the National Stock Exchange (NSE) confirmed.
The shares that are to be allotted for the institutional traders was subscribed 4.78 occasions, whereas these of different traders was subscribed 11.74 occasions, the info confirmed.

The web proceeds from the problem can be utilised for partial or full pre-payment or scheduled reimbursement of the present debt of Asset SPVs (particular objective autos).
Brookfield REIT would be the third listed belief in India after Embassy Office Parks REIT and Mindspace Business Parks REIT. The belief has finalised the IPO share allocation on February 11. In case you’ve got utilized for the Brookfield REIT IPO, then right here is how one can test the standing of your allotment:
The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://bit.ly/33Th7LK). Applicants might want to choose Brookfield India Real Estate Trust – REIT IPO within the drop-down menu and enter both their PAN, software quantity or DP Client ID. and click on on search to view their allotment standing.
 
Apart from the registrar’s web site, candidates can individually test the standing of their allotment on the web site of the BSE (Click right here: https://bit.ly/2Iwn4a4). Here, they might want to choose Equity in Issue Type, then choose Brookfield India Real Estate Trust from the drop-down listing within the Issue Name part, enter their Application Number and PAN Number within the respective containers after which click on on search to view their standing.

The itemizing of Brookfield REIT is prone to happen on February 17, 2021, on each the NSE and BSE.