Nexus Select Trust IPO: Looking to invest? Here are the pros and cons to consider before investing3 min read 10 May 2023, 05:40 AM IST
Nexus Select Trust IPO: On the first day of the issue, the Blackstone-backed IPO subscribed by 28% against the offered size. Bidding is available till May 11th. There are a host of competitive strengths and risks that can be considered before investing in this public offer.
India's first retail-focused REIT IPO has stepped into the market. Blackstone-backed Nexus Select Trust has launched its ₹3,200 crore public offer on May 9th and will be available for bidding till May 11. On the first day, the issue received a 28% subscription against the total offering size. Nexus is expected to be the first publicly listed consumption centre REIT in India upon the listing of units on the stock exchanges.
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