{"id":420819,"date":"2025-07-18T16:35:08","date_gmt":"2025-07-18T11:05:08","guid":{"rendered":"https:\/\/zerodha.com\/z-connect\/?p=420819"},"modified":"2025-07-18T16:35:08","modified_gmt":"2025-07-18T11:05:08","slug":"propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue","status":"publish","type":"post","link":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue","title":{"rendered":"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue"},"content":{"rendered":"<p>PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000 to \u20b910,60,000 per unit, and the minimum application size is 1 unit.<\/p>\n<p>PropShare Titania is the second scheme launched by Property Share Investment Trust (PSIT), which is India\u2019s first SEBI-registered small and medium real estate investment trust(SM REIT). PropShare Titania features a Grade A+ office asset of 4.38 lakh sq. ft. in G Corp Tech Park located in Thane within the Mumbai Metropolitan Region(MMR). The property is fully leased to a diversified mix of high-quality tenants, including Aditya Birla Capital, Concentrix, a Fortune 500 healthcare company and a Japanese multinational conglomerate.<\/p>\n<p><strong>Use of IPO proceeds<\/strong><\/p>\n<p>IPO proceeds will be used to acquire 100% equity of the Titania Special Purpose Vehicle SPV (\u20b9217 Cr) and provide \u20b9233 Cr in loans to repay its existing debenture liabilities, including optionally convertible debentures. The balance will go toward general corporate purposes. PSIT, as the investment manager, will also invest at least 5% of the units from its own capital, ensuring strong alignment with investors.<\/p>\n<p><strong>What are SM REITs?<\/strong><\/p>\n<p>A Small and Medium Real Estate Investment Trust (SM REIT) is a SEBI-regulated investment vehicle that allows investors to pool their capital to invest in income-generating commercial real estate assets, specifically targeting small and medium-sized properties.<br \/>\nUnlike traditional REITs that focus on massive portfolios(Min of Rs 500 Cr) and commercial properties, SM REITs provide access to high-quality but comparatively smaller assets(Rs 50 to 500 Cr) spanning both commercial and residential properties, making it easier for investors to diversify their real estate holdings without needing to buy entire properties themselves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000 to \u20b910,60,000 per unit, and the minimum application size is 1 unit. PropShare Titania is the second scheme launched by Property Share Investment Trust (PSIT), which [&hellip;]<\/p>\n","protected":false},"author":176551,"featured_media":415594,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1152],"tags":[755,276],"class_list":["post-420819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ipo","tag-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.5 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue &#8211; Z-Connect by Zerodha<\/title>\n<meta name=\"description\" content=\"PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-\u20b9473-crore-fresh-issue\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue\" \/>\n<meta property=\"og:description\" content=\"PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-\u20b9473-crore-fresh-issue\" \/>\n<meta property=\"og:site_name\" content=\"Z-Connect by Zerodha\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/zerodha.social\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/zerodha.social\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-18T11:05:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Zerodha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@zerodhaonline\" \/>\n<meta name=\"twitter:site\" content=\"@zerodhaonline\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Zerodha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue\",\"url\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue\",\"name\":\"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue &#8211; Z-Connect by Zerodha\",\"isPartOf\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#primaryimage\"},\"image\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#primaryimage\"},\"thumbnailUrl\":\"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png\",\"datePublished\":\"2025-07-18T11:05:08+00:00\",\"author\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/ab459269e8365cddd9d34c1885428210\"},\"description\":\"PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000\",\"breadcrumb\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#primaryimage\",\"url\":\"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png\",\"contentUrl\":\"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png\",\"width\":700,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/zerodha.com\/z-connect\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News\",\"item\":\"https:\/\/zerodha.com\/z-connect\/category\/news\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/#website\",\"url\":\"https:\/\/zerodha.com\/z-connect\/\",\"name\":\"Zerodha product and business updates\",\"description\":\"Z-Connect is Zerodha&#039;s official blog. Get the latest updates, product announcements news, and insights all in one place.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/zerodha.com\/z-connect\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/ab459269e8365cddd9d34c1885428210\",\"name\":\"Team Zerodha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/48197431b96187c109ad9cec95277dad5d96c853020ea2b0f26c675792bd17a5?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/48197431b96187c109ad9cec95277dad5d96c853020ea2b0f26c675792bd17a5?s=96&d=mm&r=g\",\"caption\":\"Team Zerodha\"},\"description\":\"Simple and secure, no nonsense investing and trading.\",\"sameAs\":[\"https:\/\/facebook.com\/zerodha.social\",\"https:\/\/x.com\/zerodhaonline\"],\"url\":\"https:\/\/zerodha.com\/z-connect\/author\/team-zerodha\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue &#8211; Z-Connect by Zerodha","description":"PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-\u20b9473-crore-fresh-issue","og_locale":"en_US","og_type":"article","og_title":"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue","og_description":"PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000","og_url":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-\u20b9473-crore-fresh-issue","og_site_name":"Z-Connect by Zerodha","article_publisher":"https:\/\/www.facebook.com\/zerodha.social","article_author":"https:\/\/facebook.com\/zerodha.social","article_published_time":"2025-07-18T11:05:08+00:00","og_image":[{"width":700,"height":400,"url":"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png","type":"image\/png"}],"author":"Team Zerodha","twitter_card":"summary_large_image","twitter_creator":"@zerodhaonline","twitter_site":"@zerodhaonline","twitter_misc":{"Written by":"Team Zerodha","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue","url":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue","name":"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue &#8211; Z-Connect by Zerodha","isPartOf":{"@id":"https:\/\/zerodha.com\/z-connect\/#website"},"primaryImageOfPage":{"@id":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#primaryimage"},"image":{"@id":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#primaryimage"},"thumbnailUrl":"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png","datePublished":"2025-07-18T11:05:08+00:00","author":{"@id":"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/ab459269e8365cddd9d34c1885428210"},"description":"PropShare Titania SM REIT IPO opens for subscription from July 21 to July 25, 2025, with a fresh issue of \u20b9473 crore. The price band is set at \u20b910,00,000","breadcrumb":{"@id":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#primaryimage","url":"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png","contentUrl":"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png","width":700,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/zerodha.com\/z-connect\/news\/propshare-titania-sm-reit-ipo-to-open-on-july-21-with-%e2%82%b9473-crore-fresh-issue#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/zerodha.com\/z-connect\/"},{"@type":"ListItem","position":2,"name":"News","item":"https:\/\/zerodha.com\/z-connect\/category\/news"},{"@type":"ListItem","position":3,"name":"PropShare Titania SM REIT IPO to open on July 21 with \u20b9473 crore Fresh Issue"}]},{"@type":"WebSite","@id":"https:\/\/zerodha.com\/z-connect\/#website","url":"https:\/\/zerodha.com\/z-connect\/","name":"Zerodha product and business updates","description":"Z-Connect is Zerodha&#039;s official blog. Get the latest updates, product announcements news, and insights all in one place.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/zerodha.com\/z-connect\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/ab459269e8365cddd9d34c1885428210","name":"Team Zerodha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/48197431b96187c109ad9cec95277dad5d96c853020ea2b0f26c675792bd17a5?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/48197431b96187c109ad9cec95277dad5d96c853020ea2b0f26c675792bd17a5?s=96&d=mm&r=g","caption":"Team Zerodha"},"description":"Simple and secure, no nonsense investing and trading.","sameAs":["https:\/\/facebook.com\/zerodha.social","https:\/\/x.com\/zerodhaonline"],"url":"https:\/\/zerodha.com\/z-connect\/author\/team-zerodha"}]}},"jetpack_featured_media_url":"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2025\/05\/ipo-news-cover-image.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/posts\/420819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/users\/176551"}],"replies":[{"embeddable":true,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/comments?post=420819"}],"version-history":[{"count":1,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/posts\/420819\/revisions"}],"predecessor-version":[{"id":420820,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/posts\/420819\/revisions\/420820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/media\/415594"}],"wp:attachment":[{"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/media?parent=420819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/categories?post=420819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zerodha.com\/z-connect\/wp-json\/wp\/v2\/tags?post=420819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}