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Mainboard REIT | Book Build
Listed

PropShare Celestia Details 2026

₹10,00,000 - ₹10,50,000Price Band
₹244.65 Cr.Issue Size
1 UnitLot Size
Real Estate (REIT)Sector
Issue Open
Apr 10, 2026
Fresh Issue
Issue Close
Apr 16, 2026
1 Unit (HNI)
Allotment Date
Apr 17, 2026
Lot size: 1 Unit
Listing Date
Apr 24, 2026
BSE

All About PropShare Celestia IPO

PropShare Celestia began operations in 2011. The company operates in the Engineering, Procurement, and Construction (EPC) sector. It manufactures and installs transmission lines, substations, and underground cables for the Indian market (primarily Gujarat, with recent expansions to Rajasthan and Punjab). Its main office is in Ahmedabad, Gujarat. The business has executed over 1,000 circuit kilometers of transmission lines and 11 substations, while currently operating and maintaining 134 substations nationwide. It serves a diverse clientele, including state transmission utilities and private renewable developers. The firm employs 1,196 workers in various departments. Its leadership team has over 30 years of industry experience. The company holds several quality certificates for its operations, including ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

IPO Highlights

IPO Details
Total Issue ₹244.65 Cr.
Fresh Issue ₹244.65 Cr. (2,330 Units)
Offer for Sale
IPO Price Band ₹1000000 – ₹1050000
Face Value
Lot Size 1 Unit
Listed on BSE
IPO Dates
Issue Open April 10, 2026
Issue Close April 16, 2026
Allotment Date April 17, 2026
Refunds Initiation April 20, 2026
Credit of Shares April 20, 2026
Listing Date April 24, 2026

IPO Reservation and Lot Size

The company has reserved shares for various investor categories. The Retail Shares reservation is % ( shares), and QIB has 75% of the net issue. Further, the minimum lot size is 1 unit. The anchor investor reservation is % ( shares), and the market maker reservation is % ().

IPO Issue Structure

IPO Reservation
IPO Lot Size

The company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes daily based on demand for the shares. Track live GMP Today here.

Financial Performance (₹ in Cr)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2024
Total Income
Profit After Tax
EBITDA
Net Worth
Assets
Debt

Key Performance Indicator

ParticularsDec-25FY25FY24FY23
EBITDA Margin (%)
PAT Margin (%)
EPS (₹)
ROE (%)
ROCE (%)
ROA (%)
Debt to Equity (x)

To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus, visit here.

PropShare Celestia IPO Review

You must assess the company’s financial position before deciding on investments. You can read our full review articlehere.

Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.

IPO Financial Snapshot

IPO Objectives
Acquisition of Project Celestia and Sinking Fund ₹237.91 Cr.
Total Fund Requirement ₹237.91 Cr.
IPO Key Metrics
Pre IPO EPS
Earnings Per Share
Post IPO EPS
Earnings Per Share
Pre IPO P/E
Price to Earnings
Post IPO P/E
Price to Earnings
Market Capitalization
Post-IPO Market Cap

✅Strengths

  • Prime Ahmedabad commercial location
  • Strong multinational tenant base
  • Regulated SEBI REIT structure
  • Diversified end occupier group

⚠️Weaknesses

  • No historical financial record
  • Mixed response for realty InvITs
  • High minimum investment barrier
  • New venture risk factor

About PropShare Celestia

Property Share Investment Trust began operations in -. The company operates in the Real Estate Investment sector. The team provides fractional ownership and asset management to clients. Its main office is in Bangalore. The business has 7 floors in Ahmedabad under this scheme. It serves various institutional and HNI customers every year. Its leadership team has extensive industry experience. The company holds several quality certificates for its operations, including SEBI registration as an SM REIT.

Main Offerings:

  • Commercial Real Estate Investment.

Key Strength:

  • High-yield rental income from premium assets.

Company Address: 16th Floor, SKAV Seethalakshmi, 21/22 Kasturba Road, Bangalore Urban, Karnataka, 560001

You can contact the company via call or email.

040-67162222 / propshare3.ipo@kfintech.com

Intermediaries & Key Contacts

Official stakeholders managing the IPO process
REGISTRAR
Kfin Technologies Ltd.
040-67162222
propshare3.ipo@kfintech.com
LEAD MANAGER
Ambit Pvt. Ltd.
+91 91159 98000
customercare@ambit.co
MARKET MAKER
+91 80 3100 3920
info@propertyshare.in
PropShare Investment Manager Pvt. Ltd.

Frequently Asked Questions

What is PropShare Celestia IPO?

The PropShare Celestia IPO is a ₹244.65 crore public offer by Property Share Investment Trust (an SM REIT). It is a Book Built issue opening on April 10, 2026, to raise funds primarily for acquiring Project Celestia (a commercial property in Ahmedabad).

What is the minimum investment for PropShare Celestia IPO?

The entry price per unit is high, with a minimum investment between ₹10,00,000 and ₹10,50,000 per unit. This targets HNIs and institutional investors.

When will the units list on the stock exchange?

The units are tentatively scheduled to list on the BSE on April 24, 2026, following the allotment on April 17.

What are the primary risks involved?

The main risks are: the investment is all in one building, it depends heavily on the co-working business, and it might be hard to sell your shares later.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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