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Knowledge Realty Trust, backed by major investors, listed on Indian exchanges as the country's largest REIT.
Knowledge Realty Trust, backed by Sattva Group and Blackstone, listed on Indian stock exchanges with a 4% premium over its issue price of ₹100 per unit.
The ₹4,800 crore IPO was 12.48 times subscribed, making it India's largest REIT.
The trust manages over 46 million square feet of office assets across six cities, with a tenant mix including Fortune 500 companies.
For fiscal year 2021, it reported a 16% increase in total income to ₹4,146.86 crore, despite a 34% drop in profit after tax to ₹222.52 crore.
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Knowledge Realty Trust, respaldado por grandes inversores, cotiza en las bolsas indias como el REIT más grande del país.