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Knowledge Realty Trust IPO
Price Band
₹95.0–100.0
Issue Size
₹4800.0 Cr
Lot Size
150 shares
Min Investment
₹15,000
GMP
+₹2.0 (2.0%)
Issue Price
₹100.0
Subject to Sauda
₹200
Paid only if allotted
Knowledge Realty Trust IPO AI Summary
- Knowledge Realty Trust IPO is listed on BSE, NSE in the Real Estate Investment Trusts (REITs) sector.
- Price band: ₹95.0–₹100.0 per share, lot size 150 shares (min. investment ₹15,000).
- Subscription window: 05 Aug–07 Aug 2025, listing on 18 Aug 2025.
- Current GMP is +₹2.0 (2.0%), an estimated listing price of ₹102 — unofficial and can change daily.
Knowledge Realty Trust is a prominent player in the Indian REIT sector, with a robust asset portfolio and a strong occupancy rate. However, potential investors should consider the company's recent financial performance and market conditions before participating in the IPO.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
Knowledge Realty Trust IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 07 Aug 2025 — not a current signal.
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
Knowledge Realty Trust IPO Grey Market Premium (GMP) Today
GMP
+₹2.0
GMP %
+2.0%
Est. Listing
₹102.0
Updated: 25 Jul 2026 14:13
About the Company
Knowledge Realty Trust is the largest office REIT in India, based on Gross Asset Value (GAV) worth Rs 619,989 million as of March 31, 2025. It is also the second largest office REIT globally in terms of leasable Area. Our Portfolio comprises 30 Grade A office assets totalling 46.3 msf as of March 31, 2025, 37.1 msf of Completed Area, 1.2 msf of Under Construction Area and 8.0 msf of Future Development Area. Its portfolio has 6 city-centre offices and 24 business park/centres. Its portfolio of assets offers a wide range of amenities, such as& multi-cuisine food courts, exclusive members-only clubs, indoor and outdoor sports facilities, medical clinics, creche, and other health and recreation facilities. The company's portfolio assets are spread across 6 cities, including Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram and GIFT City, Ahmedabad. The company has a Committed Occupancy of 91.4% as of March 31, 2025. It has a diversified tenant mix of prominent multinational tenants, including Fortune 500 companies, Global Capability Centers (GCCs), and leading domestic corporates. Competitive Strengths Largest office REIT in India by GAV and NOI and the most geographically diverse, Strategically located in India’s top-performing markets High quality assets with robust infrastructure and a wide range of amenities Diversified tenant base with an increasing focus on leading domestic corporates and GCCs Long-standing tenant relationships driving tenant retention and growth Robust business model with strong embedded growth, stable cash flows Renowned sponsors (Blackstone and Sattva) with global experience and local knowledge
Company Financials (₹ Cr)
| Period Ended | 31 Mar 2025 |
|---|---|
| Assets | 18.68 |
| Profit After Tax | -2.36 |
| Reserves and Surplus | -2.36 |
Key Ratios
Market Cap
₹44344.00 Cr
Peer Comparison
| Company | NAV |
|---|---|
| Brookfield India Real Estate Trust | 336.35 |
| Mindspace Business Parks REIT | 431.7 |
| Embassy Office Parks REIT | 423.22 |
| Knowledge Realty Trust This IPO | — |
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and the Investment Entities 4,640.00 2 Issue Expenses 160.00 Total 4,800.00
IPO Evaluation
Generated 23 Sep 2026Profit Trend
As of March 31, 2025, the company reported a Profit After Tax of ₹-2.36 Cr. This figure indicates a loss for the period, reflecting challenges in profitability.
Grey Market Premium, Explained
The Grey Market Premium (GMP) refers to the price at which an IPO is expected to list on the stock exchange, as indicated by unofficial trading before the official listing. A positive GMP suggests that investors are willing to pay more than the issue price, indicating strong demand, while a negative GMP may suggest the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It is essential to consider the company's financial health, market position, and growth potential before making a decision.
Who May Want to Wait
Investors who are risk-averse or looking for stable, income-generating investments may want to avoid this IPO, especially given the reported loss in Profit After Tax and potential market fluctuations.
IPO Timeline, Explained
The IPO will open for subscription on August 5, 2025, and close on August 7, 2025. Allotment of shares will be done on August 12, 2025, and the shares are expected to be listed on the stock exchange on August 18, 2025.
Listing Gains — The Risk
While many investors hope for listing-day gains, these can be unpredictable. Factors such as market conditions, investor sentiment, and the company's financial performance can all influence the stock price on the day of listing. It's important to remember that past performance is not indicative of future results.
This evaluation is generated from Knowledge Realty Trust's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is Knowledge Realty Trust IPO GMP today?
Knowledge Realty Trust IPO GMP today is +₹2.0 (2.0%), indicating an estimated listing price of ₹102. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of Knowledge Realty Trust IPO?
The price band of Knowledge Realty Trust IPO is ₹95.0–₹100.0 per share.
When does Knowledge Realty Trust IPO open and close?
Knowledge Realty Trust IPO opens on 05 August 2025 and closes on 07 August 2025.
When does Knowledge Realty Trust IPO list on the stock exchange?
Knowledge Realty Trust IPO listed on 18 August 2025 at ₹102.0.
What is the lot size for Knowledge Realty Trust IPO?
The lot size for Knowledge Realty Trust IPO is 150 shares, requiring a minimum investment of ₹15,000.
What is the price band for the IPO?
The price band for the IPO is ₹95.0 to ₹100.0.
What is the minimum investment required?
The minimum investment required is ₹15,000.
What is the lot size for this IPO?
The lot size for this IPO is 150 shares.
When is the IPO expected to be listed?
The IPO is expected to be listed on August 18, 2025.
What does GMP mean?
GMP stands for Grey Market Premium, which indicates the expected listing price of the IPO based on unofficial trading.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
05 Aug 2025
Close
07 Aug 2025
Allotment
12 Aug 2025
Listing
18 Aug 2025
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