PropShare Titania IPO is scheduled to open on July 21, 2025, and will close on July 25, 2025. The basis of allotment will be finalized on July 30, 2025, with refunds and credit to Demat accounts expected on July 31, 2025. The IPO is set to list on the BSE on August 4, 2025.
PropShare Titania IPO is a Book Build Issue with a total issue size of around ₹473 crores. The IPO comprises a fresh issue only, with no offer for sale component. The price band for the IPO is set at ₹10,00,000 to ₹10,60,000 per share. The lot size is 1 share, meaning the minimum investment required for retail investors is ₹10,00,000. However, the retail quota is 0%, while QIBs have been allocated 75% and HNIs 25% of the issue.
As per the company’s financials, PropShare Titania reported a revenue of ₹40.07 crores in 2025 against ₹34.67 crores in 2024. The profit after tax stood at ₹8.97 crores in 2025, up from ₹5.11 crores in 2024. Based on these fundamentals, this IPO is being recommended primarily for long-term investors.
Overview of Contents
About PropShare Titania IPO
PropShare Titania is the second scheme from Property Share Investment Trust, which is India’s first SEBI-registered small and medium real estate investment trust (SM REIT). This scheme gives investors a chance to invest in selected office spaces spread over six floors in G Corp Tech Park, a premium Grade A+ commercial property located in Thane, part of the Mumbai Metropolitan Region.
PropShare Titania is managed by the Investment Manager, and this is their second offering under the Property Share Investment Trust, which is an irrevocable trust registered under the Registration Act, 1908. The success and growth of this scheme depend on how well the Investment Manager operates the Titania SPV, keeping it within budget and efficiently managed.
Additionally, the Trustee – Axis Trustee Services Limited – provides important roles like Debenture Trustee, Security Trustee, and Facility Agent to support the trust’s operations.
Propshare Titania IPO Overview
| IPO Particulars | Details |
|---|---|
| Company Name | PropShare Titania |
| IPO Type | Book Building Issue (SM REIT) |
| Issue Price Band | ₹10,00,000 to ₹10,60,000 per share |
| Face Value | ₹0 per equity share |
| Lot Size (Minimum Application) | 1 share |
| Total Issue Size | [.] shares (Approx ₹473 Cr) |
| Fresh Issue Component | [.] shares (Approx ₹473 Cr) |
| Offer for Sale (OFS) | Not Applicable |
| Sale Type | Fresh Issue Only |
| Retail Quota | 0% |
| QIB (Qualified Institutional Buyers) | Not more than 75% of the Net Issue |
| NII (Non-Institutional Investors) | Not less than 25% of the Net Issue |
| Stock Exchanges for Listing | BSE |
| Pre-Issue Shareholding | Not Disclosed |
| Post-Issue Shareholding | Not Disclosed |
Propshare Titania IPO Prospectus
| DRHP | Click here |
|---|---|
| RHP | Click here |
PropShare Titania IPO Dates
| Event | Date & Day |
|---|---|
| IPO Open Date | July 21, 2025 (Monday) |
| IPO Close Date | July 25, 2025 (Friday) |
| Basis of Allotment | July 30, 2025 (Wednesday) |
| Refunds Initiation | July 31, 2025 (Thursday) |
| Credit to Demat | July 31, 2025 (Thursday) |
| IPO Listing Date | August 4, 2025 (Monday) |
PropShare Titania IPO Review
- Geojit –
- IDBI Capital –
- Marwadi Shares –
- Nirmal Bang –
- SBICAP Securities –
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- Canara Bank –
- DRChoksey FinServ –
- Emkay Global –
- Hem Securities –
- ICICIdirect –
- Choice Broking –
Objects of the Issue
- Acquisition of the entire issued and paid-up equity share capital of the Titania SPV as per the Share Purchase Agreement.
- Providing loan to the Titania SPV for extinguishment and redemption of the debenture liability of the Titania SPV, by redeeming the OCDs (including any accrued interest).
- General corporate purposes.
PropShare Titania IPO Lot Size
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| All Investors | 1 | 1 | ₹10,60,000 |
PropShare Titania IPO Financial Performance
| Financial Year | Assets | Revenue | Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2023 | ₹283.00 | ₹310.70 | ₹50.08 | ₹35.66 |
| 2024 | ₹276.91 | ₹346.65 | ₹60.82 | ₹51.12 |
| 2025 | ₹284.37 | ₹400.66 | ₹66.38 | ₹89.69 |
PropShare Titania IPO Valuation Highlights – FY2025
| KPI | Values |
|---|---|
| Return on Equity (ROE) | 0.10 |
| Return on Capital Employed (ROCE) | 0.12 |
| EBITDA Margin | 84.61% |
| PAT Margin | Not Available |
| Debt-to-Equity Ratio | 1.74 |
| Earnings Per Share (EPS) | Not Available |
| Price/Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | Not Available |
| Net Asset Value (NAV) | Not Available |
PropShare Titania IPO Registrar
KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: propshare.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Managers aka Merchant Bankers
- Kotak Mahindra Capital Company Limited
Company Address
PropShare Titania
16th Floor,
SKAV Seethalakshmi,
21/22, Kasturba Road
Bangalore Urban, Karnataka, 560001
Phone: 80 3100 3902
Email: compliance.officer@propertyshare.in
Website: http://www.psreit.in/
PropShare Titania IPO FAQs
What is the PropShare Titania IPO open and close date?
The IPO opens on July 21, 2025, and closes on July 25, 2025.
What is the listing date of PropShare Titania IPO?
The IPO is expected to be listed on BSE on August 4, 2025.
What is the price band of PropShare Titania IPO?
The price band is set between ₹10,00,000 to ₹10,60,000 per share.
What is the minimum lot size for PropShare Titania IPO?
The minimum lot size is 1 share, requiring an investment of ₹10.60 lakh.
What is the issue size of PropShare Titania IPO?
The total issue size is approximately ₹473 crores, comprising a fresh issue only.
Is there any Offer for Sale (OFS) in PropShare Titania IPO?
No, this IPO consists entirely of a fresh issue. There is no Offer for Sale (OFS).