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Brookfield REIT IPO subscribed 8 times, gets bids for 573 mn units

IPO was made up entirely of Rs 3,800 cr of fresh fund raise. Experts say good response shows that domestic investors have warmed up to REITs as a new investing vehicle

Topics
IPOs

Samie Modak  |  Mumbai 

IPOs

The IPO of Brookfield India Real Estate Trust (REIT) garnered nearly eight times subscription. The offering received bids for 573 million units as against 76.3 million on offer.

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First Published: Fri, February 05 2021. 17:33 IST
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