Propshare Celestia IPO
Get the latest PropShare Celestia issue details, including issue size, issue price, lot size, offer dates, subscription status, financial performance, property portfolio, GMP updates, allotment, listing information, and expert investment analysis.
Propshare Celestia IPO Details
Property Share Investment Trust-Propshare Celestia bidding started from Apr 10, 2026 and ended on Apr 16, 2026. The allotment for Property Share Investment Trust-Propshare Celestia was finalized on Apr 17, 2026. The shares got listed on the BSE on Apr 24, 2026.
Propshare Celestia IPO Timeline (Tentative)
The timeline below provides the important milestones for the PropShare Celestia public issue, including the opening and closing dates, allotment schedule, credit of units, refunds, and the proposed listing date. The complete schedule will be announced once the final Key Information of the Scheme is filed.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Fri, Apr 10, 2026 |
| IPO Close Date | Thu, Apr 16, 2026 |
| Basis of Allotment | Fri, Apr 17, 2026 |
| Initiation of Refunds | Mon, Apr 20, 2026 |
| Credit of Shares to Demat | Mon, Apr 20, 2026 |
| Listing Date | Fri, Apr 24, 2026 |
| Issue Opens | Apr 10, 2026 |
| Issue Closes | Apr 16, 2026 |
| Basis of Allotment | Apr 17, 2026 |
| Refund Initiation | Apr 20, 2026 |
| Units Credited to Demat | Apr 20, 2026 |
| Listing Date | Apr 24, 2026 |
Propshare Celestia IPO Lot Size
Investors can bid for a minimum of 1 shares and in multiples thereof.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Individual (Minimum) | To be Updated | To be Updated | To be Updated |
| Individual (Maximum) | To be Updated | To be Updated | To be Updated |
| Institutional | To be Updated | To be Updated | To be Updated |
Propshare Celestia IPO Subscription
The subscription status reflects investor participation across Institutional Investors and Non-Institutional Investors during the offer period. Subscription figures will be updated daily after the issue opens for bidding.
| Category | Subscription (times) |
|---|---|
| Institutional Investors | To be Updated |
| Non-Institutional Investors | To be Updated |
| Total | To be Updated |
About Propshare Celestia
PropShare Celestia is the third scheme launched by Property Share Investment Trust, India’s first SEBI-registered small and medium REIT. This scheme offers investors access to seven floors within Stratum @ Venus Grounds, a Grade A+ mixed-use commercial development featuring a distinctive atrium, located in the prime Nehru Nagar area of Ahmedabad.
The project spans across an area of 2,07,838 sq. ft. and includes three managed office and co-working operators—Smartworks Coworking Spaces Limited, EFC Limited (both publicly listed), and Paragraph Khajanchi Business Centre LLP, one of Ahmedabad’s leading co-working providers and Swedish publicly listed telecommunications multinational.
These operators serve a diversified base of 10 end occupiers. The prominent occupiers include Tech Mahindra, a US-based professional services firm, an Indian private sector bank, a B2B e-commerce platform, a risk management and financial analytics firm, and a data analytics and business intelligence company. This strong and varied tenant base supports consistent and dependable income generation.
Axis Trustee Services is the Trustee to the scheme and PropShare Investment Manager Pvt. Ltd. is the investment manager.
Strengths
- SEBI-registered Small and Medium REIT structure.
- Investment in institutional-grade commercial real estate.
- Potential for regular rental income distributions.
- Professionally managed by an experienced investment manager.
- Transparent regulatory framework under SEBI SM REIT Regulations.
- Opportunity to participate in commercial real estate with relatively lower investment compared to direct property ownership.
- Listing on BSE is expected to provide liquidity to investors.
Risks to Consider
- Rental income depends on tenant occupancy and lease renewals.
- Commercial real estate valuations may fluctuate due to market conditions.
- Interest rate changes may affect property valuations and investor returns.
- Economic slowdowns may reduce demand for commercial office space.
- Regulatory or taxation changes could impact SM REIT operations.
- Property-specific operational or maintenance issues may affect cash flows.
- Investors should carefully review all risk factors disclosed in the Draft Key Information of the Scheme before investing.
Promoters, Lead Managers & Registrar
The Sponsor, Trustee, Investment Manager, Book Running Lead Manager (BRLM), and Registrar play a crucial role in the successful launch and management of PropShare Celestia. The Sponsor establishes the scheme, the Trustee safeguards the interests of unitholders, the Investment Manager is responsible for managing the scheme and its underlying real estate assets, the BRLM oversees the public issue process, and the Registrar manages applications, allotment, refunds, and credit of units to successful investors.
Promoters
Lead Managers (BRLM)
Propshare Celestia IPO Review
PropShare Celestia offers investors an opportunity to invest in an institutional-grade commercial real estate asset through a SEBI-regulated Small and Medium REIT (SM REIT) structure. The scheme is designed to provide investors with exposure to income-generating commercial real estate while benefiting from professional asset management, regulatory oversight, and the potential for periodic distributions.
The investment may appeal to investors seeking diversification beyond traditional asset classes and exposure to commercial real estate through a listed investment vehicle. However, prospective investors should carefully evaluate factors such as the quality of the underlying property, tenant profile, occupancy levels, lease terms, expected cash flows, valuation, and the risk factors disclosed in the offer documents before making an investment decision.
How to Apply
You can apply for the PropShare Celestia public issue through any of the following methods:
- Log in to your internet banking account and submit your application using the ASBA (Application Supported by Blocked Amount) facility offered by your Self-Certified Syndicate Bank (SCSB).
- Eligible investors may also apply online through a SEBI-registered stockbroker or other authorized intermediary using the application platform made available for the public issue.
- Enter the required bid details, including the number of units, bid price, and investor information, as specified in the offer documents.
- Complete the application by authorizing the ASBA fund blocking request or approving the UPI mandate, wherever applicable, before the prescribed deadline.
- Submit your application during the offer period and retain the application number or acknowledgment for future reference.
- After the basis of allotment is finalized, successful applicants will receive the allotted SM REIT units in their demat accounts, while the blocked funds for unsuccessful or partially successful applicants will be released in accordance with the applicable process and SEBI regulations.
Last updated Aug 6, 2026.