Propshare Celestia IPO Price per share, Lot Size, Allotment Date
Propshare Celestia IPO is a mainboard book-built IPO scheduled to open on April 10, 2026 and close on April 16, 2026, with the company aiming to raise ₹245 crore through a fresh issue. This offering falls under the SM REIT (Small & Medium Real Estate Investment Trust) category, giving investors access to commercial real estate investment, rental income yield, and asset-backed returns. The IPO is priced in a premium range of ₹10,00,000 to ₹10,50,000 per share, making it a high-ticket IPO primarily targeted at HNI and institutional investors, with no retail quota. The underlying asset includes a grade-A commercial property in Ahmedabad with multiple tenants, supporting stable cash flows and long-term income generation. With listing planned on BSE, this IPO focuses more on yield-based investing, portfolio diversification, and passive income opportunities rather than short-term listing gains.
The IPO is priced in a premium range, targeting high-value investors looking for real estate-backed investment opportunities, rental yield income, and portfolio diversification.
Propshare Celestia IPO Overview
| IPO | Details |
|---|---|
| IPO Open Date | April 10, 2026 |
| IPO Close Date | April 16, 2026 |
| Allotment Date | April 17, 2026 |
| Listing Date | April 24, 2026 |
| Issue Size | ₹245 Crore |
| Fresh Issue | ₹245 Crore |
| Face Value | ₹[.] per share |
| Price Band | ₹10,00,000 – ₹10,50,000 |
| Issue Type | Book Built Issue |
| Listing Exchange | BSE |
| Investor Quota | QIB: 75%, NII: 25%, Retail: 0% |
Propshare Celestia IPO Market Lot
Propshare Celestia IPO has a high entry ticket size, making it suitable primarily for HNI/NII investors.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Minimum | 1 Lot | 1 Share | ₹10,50,000 |
Note: Due to the large investment size, retail participation is not available in this IPO.
Propshare Celestia IPO Lot Size Analysis
The minimum investment of ₹10.5 lakh per lot indicates that this IPO is designed for wealthy investors seeking stable rental income exposure rather than short-term listing gains. Compared to traditional IPOs, SM REIT offerings focus more on yield generation and asset-backed returns.
About Company & Objectives of the Issue
Propshare Celestia is part of Property Share Investment Trust, India’s first SM REIT platform. The scheme allows investors to own fractional interests in premium commercial real estate assets.
The company plans to utilize the IPO proceeds for:
- Acquisition of Project Celestia
- Investment in Special Purpose Vehicles (SPVs) linked to the property
- Payment of statutory charges such as stamp duty, registration, and related costs
- Funding through equity and debt instruments
- General corporate purposes
How to Apply for Propshare Celestia IPO
Investors can apply for the Propshare Celestia IPO through three simple methods.
- The first option is ASBA (Application Supported by Blocked Amount) via net banking, where you log in to your bank account, select the IPO section, enter bid details, and authorize the application amount to be blocked.
- The second method is applying through UPI via stock broker apps like Zerodha, Upstox, or Groww, where you place the bid and approve the UPI mandate on your mobile.
- The third option is the offline application process, where you fill out a physical IPO form and submit it through your broker or bank. All three methods are secure and commonly used for IPO applications in India.
Propshare Celestia IPO stands out as a real estate-backed investment opportunity with a focus on income generation rather than listing gains. However, due to the high ticket size, it is suitable mainly for institutional and high-net-worth investors.
FAQ
The IPO will open on April 10, 2026 and close on April 16, 2026.
The IPO price band is set at ₹10,00,000 to ₹10,50,000 per share.
The minimum application is 1 share (1 lot) requiring an investment of ₹10,50,000.
The IPO allotment is expected to be finalized on April 17, 2026.
