The initial public offer (IPO) of Brookfield India Real Estate Trust (Brookfield REIT) will open today for subscription. The price band is fixed at Rs 274 to Rs 275. The public issue will close on February 5. Brookfield India will hit the capital market with its REIT public issue on Wednesday to raise up to Rs 3,800 crore. Bids can be made for a minimum lot of 200 units and in multiples of 200 units, which translates into a minimum application size of Rs 55,000 at the higher end of the price band.from IndiaTV Business: Google News Feed https://ift.tt/2MTo4XG
The initial public offer (IPO) of Brookfield India Real Estate Trust (Brookfield REIT) will open today for subscription. The price band is fixed at Rs 274 to Rs 275. The public issue will close on February 5. Brookfield India will hit the capital market with its REIT public issue on Wednesday to raise up to Rs 3,800 crore. Bids can be made for a minimum lot of 200 units and in multiples of 200 units, which translates into a minimum application size of Rs 55,000 at the higher end of the price band.