
Brookfield India Real Estate Trust (“Brookfield REIT”), India’s only 100% institutionally managed public commercial real estate vehicle, allotted 62,180,800 units to 39 anchor investors and raised ₹1709.97 crore ahead of the company’s proposed IPO at the upper price band of ₹275 per unit.
The anchor allocation as follows:
S. No | Fund | % of Allocation |
1 | HDFC Trustee Company Ltd – A/C HDFC Balanced Advantage Fund | 16.40% |
2 | SBI Life Insurance Company Ltd. | 13.50% |
3 | Tata AIG General Insurance Company Limited | 9.90% |
4 | HDFC Life Insurance Company Limited | 8.00% |
5 | Bajaj Holdings and Investments Limited | 4.40% |
6 | Schroder Global Cities Real Estate | 4.20% |
7 | HDFC Trustee Company Ltd – A/C HDFC Hybrid Equity Fund | 4.10% |
8 | Prusik Umbrella UCITS Fund PLC/ Prusik Asian Equity Income Fund | 2.90% |
9 | Schroder Asian Asset Income Fund | 2.70% |
10 | IIFL Special Opportunities Fund Series 7 | 2.60% |
11 | Schroder Asian Income | 2.60% |
12 | Max Life Insurance Company Ltd Participating Fund | 2.00% |
13 | Star Health and Allied Insurance Company Limited | 2.00% |
14 | BNP Paribas Arbitrage ODI | 2.00% |
15 | Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd. | 1.80% |
16 | Reliance General Insurance Company Ltd. | 1.60% |
17 | Kotak Mahindra Trustee Co Ltd A/C Kotak Medium Term Fund | 1.50% |
18 | Morgan Stanley Asia (Singapore) PTE – ODI | 1.50% |
19 | Segantii India Mauritius | 1.50% |
20 | Ghisallo Master Fund LP | 1.50% |
21 | Avendus Absolute Return Fund | 1.30% |
22 | DSP ADIKO Holdings Private Limited | 1.20% |
23 | DSP Investment Private Limited | 1.20% |
24 | Schroder International Selection Fund Global Cities Real Estate | 1.00% |
25 | Kotak Credit Risk Fund | 0.90% |
26 | Kotak Dynamic Bond Fund | 0.90% |
27 | Societe Generale | 0.70% |
28 | Kotak Mahindra Trustee Co Ltd A/C Kotak Balanced Advantage Fund | 0.60% |
29 | Kotak Debt Hybrid Fund | 0.60% |
30 | Moon Capital Trading PTE. Ltd. | 0.60% |
31 | Morgan Stanley Asia (Singapore) PTE | 0.60% |
32 | IA Opportunities Fund – Series I | 0.60% |
33 | Tara Emerging Asia Liquid Fund | 0.50% |
34 | Aditya Birla Sunlife Insurance Company Limited | 0.50% |
35 | Coronation Global Managed Fund | 0.50% |
36 | Varanium India Opportunity Ltd | 0.50% |
37 | Navi Finserv Pvt. Ltd. | 0.50% |
38 | UNIFI AIF | 0.40% |
39 | Kotak Equity Hybrid Fund | 0.30% |
Brookfield REIT is issuing Units aggregating up to ₹38,000 million (“Issue”). The Issue is being undertaken in reliance upon Regulation 14(1) of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, as amended (the “REIT Regulations”).
Bids can be made for a minimum lot of 200 Units and in multiples of 200 Units thereafter by Bidders other than the units subscribed for by Anchor Investors.
Axis Trustee Services Limited is the Trustee, while BSREP India Office Holdings V Pte. Ltd. is the Sponsor. Brookprop Management Services Private Limited is the Manager.
The Global Coordinators and Book Running Lead Managers (“GCBRLMs”) to the Issue are Morgan Stanley India Company Private Limited, BofA Securities India Limited, Citigroup Global Markets India Private Limited and HSBC Securities and Capital Markets (India) Private Limited. Book Running Lead Managers (“BRLMs”) to the Issue are Ambit Private Limited, Axis Capital Limited, IIFL Securities Limited, JM Financial Limited, J.P. Morgan India Private Limited, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited.
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