Business Standard

Nexus Select Trust - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

3,200.00 cr

Price Range (₹)

100

Lot Size

150

Min Investment (₹)

15,000.00

Listing Exchange

MumbaiNSE

Open Date

09-May-2023

Close Date

11-May-2023

Listing Date

19-May-2023

Nexus Select Trust News

    The Shares of Nexus Select Trust have now been listed.

    Nexus Select Trust IPO Details

    Initial public offering of 320,000,000* units (as defined herein) for cash at a price of Rs. 100 per unit aggregating to Rs. 3200.00 crores by Nexus Select Trust comprising of a fresh issuance of 140,000,000* units aggregating to Rs. 1400.00 crores (the Fresh Issue) and an offer for sale of 180,000,000* units by the selling unitholders (as defined herein) aggregating to Rs. 1800.00 crores (the Offer for Sale and together with the fresh issue, the Offer). The offer will constitute 21.12%* of the issued and paid-up units on a post-offer basis in accordance with regulation 14(2a) of the reit regulations.*Subject to finalization of the basis of allotmentBids can be made for a minimum of 150 units and in multiples of 150 units thereafter by bidders other than anchor investors.

    Objective of issue

    Nexus Select Trust Contact Details

    Nexus Select Trust, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investor.relations@nexusmalls.com

    Website - www.nexusselecttrust.com