Knowledge Realty Trust REIT
Open MainLineCurrent GMP
₹1 (+1.00%)
Price Band
₹ 95 – 100
Lot Size
150
Issue Size
₹4800 Cr
Minimum Investment
₹15000 (150 Shares)
Listing Date
12 August 2025
Subscription
12.48x
About the Company
Knowledge Realty Trust is India’s largest office Real Estate Investment Trust (REIT) by Gross Asset Value (GAV), with a portfolio valued at ₹619,989 million as of March 31, 2025. Globally, it ranks as the second-largest office REIT by leasable area.
The Trust's portfolio comprises 30 Grade A office assets, totaling 46.3 million square feet (msf). This includes 37.1 msf of completed area, 1.2 msf under construction, and 8.0 msf allocated for future development.
Knowledge Realty Trust’s properties include 6 centrally located city offices and 24 integrated business parks. These assets are equipped with modern amenities such as multi-cuisine food courts, members-only clubs, sports facilities (indoor and outdoor), medical clinics, childcare centers, and wellness zones.
Its footprint spans six major Indian cities—Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram, and GIFT City (Ahmedabad)—with a committed occupancy rate of 91.4% as of March 31, 2025.
The Trust maintains a diverse tenant base, including Fortune 500 companies, Global Capability Centers (GCCs), and leading domestic enterprises, underscoring the resilience and appeal of its portfolio.
Competitive Strengths
- India’s largest office REIT by GAV and Net Operating Income (NOI); among the most geographically diversified
- Strategic presence in high-growth commercial hubs
- Premium-quality assets with strong infrastructure and lifestyle-enhancing amenities
- Diverse tenant mix with a rising share of domestic leaders and GCCs
- Strong tenant relationships ensuring high retention and consistent demand
- Resilient business model with embedded growth potential and predictable cash flows
- Backed by renowned sponsors—Blackstone and Sattva—combining global expertise with deep local market insight
Promoters
Promoters Holding
Holding Pre Issue
0.00%
Holding Post Issue
0.00%
Objects of the Issue
The Company Knowledge Realty Trust REIT IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and theInvestment Entities
- General purposes
Address / Contact Info
Knowledge Realty Trust
One International Center, 14th Floor, Tower 1
Plot No. 612-613, Senapati Bapat Marg,
Elphinstone Road, Lower Parel West,
Mumbai, Maharashtra, 400013
Phone: 91-22-6868 4400
Email: info@knowledgerealtytrust.com
Website: https://www.knowledgerealtytrust.com
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 05 August 2025
IPO Close Date
Thursday, 07 August 2025
Basis of Allotment
Friday, 08 August 2025
Initiation of Refunds
Monday, 11 August 2025
Credit of Shares to Demat
Monday, 11 August 2025
Listing Date
Tuesday, 12 August 2025 — NSE & BSE
Important Dates
Open Date
05 August 2025
Close Date
07 August 2025
Basis Of Allotment
08 August 2025
Listing Date
12 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 24768.08 | 24902.82 | 24544.42 |
| Revenue | 4146.86 | 3588.48 | 3115.97 |
| Profit After Tax | 222.52 | 339.66 | 219.24 |
| Net Worth | 0 | 0 | 0 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 19792.17 | 19757.58 | 20226.66 |
EPS Pre
0.00%
EPS Post
0.00%
P/E Pre
0.00
P/E (Post Issue)
0.00x
Company Financial Information
KPI Information (₹ in Crores)
| Particular |
|---|
| ROE % |
| ROCE % |
| Debt / Equity |
| RoNW % |
| PbW |
| Pat Margin % |
Return Ratio
IPO Reservations
Reservation figures are shown once IPO opens.
Subscription Status ( Thu, 07 Aug 25 01:52 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 113683950 | 1031229150 | 9.07x |
| Non-Institutional | 94736850 | 1569693750 | 16.57x |
| Total | 208420800 | 2600922900 | 12.48x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| 1 | 150 | 15,000.00 |
Registrar
Kfin Technologies Limited
04067162222, 04079611000
reachus@kfintech.com
https://www.kfintech.com
Book Running Lead Managers
- IIFL Capital Services Limited
- Bofa Securities India Limited
- Axis Capital Limited
- Morgan Stanley India Company Private Limited
- ICICI Securities Limited
- JM Financial Limited
- Kotak Mahindra Capital Company Limited
- SBI Capital Markets Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Knowledge Realty Trust REIT is a Book-building IPO worth ₹4800 crores. The price band is ₹95 to 100 per share. The IPO opens on Tue, Aug 5, 2025 and closes on Thu, Aug 7, 2025. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The Knowledge Realty Trust REIT opens on Tue, Aug 5, 2025 and closes on Thu, Aug 7, 2025
Knowledge Realty Trust REIT Price Band is ₹95 to 100.
Knowledge Realty Trust REIT lot size is 150, and the minimum amount required for application is ₹15000.
The minimum investment for Knowledge Realty Trust REIT is approximately ₹15000 based on the upper price band.
To apply for the Knowledge Realty Trust REIT, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 7, 2025. After submission, funds are blocked until the basis of allotment of Knowledge Realty Trust REIT is finalised.
Knowledge Realty Trust REIT issue size is ₹4800 crores.
Knowledge Realty Trust REIT allotment date is Sat, Jun 27, 2026.
The registrar for Knowledge Realty Trust REIT is Kfin Technologies Limited. Investors can go to Kfin Technologies Limited website for IPO allotment status, refund processing, and other queries related to Knowledge Realty Trust REIT through their official website or helpline.
The Knowledge Realty Trust REIT GMP (Grey Market Premium) is ₹1 as of Tue, Aug 12, 2025. Based on the upper price band of ₹100 per share, the estimated Knowledge Realty Trust REIT listing price is ₹101, indicating a potential listing gain of approximately 31% over the issue price.