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Mindspace Business Parks REIT lists at 11% premium over issue price

The IPO of Mindspace Business Parks REIT was subscribed 13 times during July 27-29

Options trading gathers steam in Q2; share of cash in average volumes falls
premium

Mindspace REIT is the second REIT to hit the domestic market after Embassy Office Parks REIT

SI Reporter New Delhi
Shares of Mindspace Business Parks REIT on Friday listed on the BSE at Rs 304, a 10.54 per cent premium against its issue price of Rs 275 per share.

Till 10:27 AM, the stock had hit an intra-day high of Rs 208.90 and an intra-day low of Rs 299 per share on the exchange. A combined1.43 crore shares have changed hands the NSE and the BSE, so far.

The initial public offer (IPO) of Mindspace Business Parks REIT was subscribed 13 times during July 27-29, 2020. The 67.7-million unit offering had garnered bids for 878 million units, generating demand worth more than