The PropShare Titania IPO is scheduled to open for subscription from July 21 to July 25, 2025, with a planned listing on the BSE SME platform on August 4, 2025. This IPO is unique as it offers units of a small and medium real estate investment trust (SM REIT) focused on the real estate sector, particularly through managed properties in Bangalore. The PropShare Titania IPO aims to provide investors exposure to a professionally managed, income-generating real estate portfolio through an REIT structure, targeting stable yields from rental assets in India’s growing commercial real estate market.
₹00
₹1060000
₹1059900
Expert Opinions
The PropShare Titania IPO is receiving favorable market sentiment, driven by its distinction as only the second SM REIT in India and focus on Grade A+ office assets. Key strengths include a fully leased, revenue-generating property in G Corp Tech Park, Thane, with top-tier Fortune 500 tenants, strong ESG certifications, and predictable cash flows through 3.3 years WALE and 5% annual rent escalations. The trust offers investors 95% NDCF distribution and plans no management or property fees for FY26.
However, risks for the PropShare Titania IPO include sector concentration in commercial real estate, a minimum investment of ₹10.6 lakh, and moderate leverage (debt/equity 1.74). For FY 2025, the REIT posted revenue of ₹400.7 million and reported profit of ₹89.7 million, with a sector-leading 84.61% EBITDA margin. With a forward yield projection of 9–9.1% and robust asset quality, long-term investors seeking steady rental yields and diversification in commercial assets may find the offering compelling, but should weigh liquidity and sector-specific risks carefully.
Investor Considerations
Investors considering the PropShare Titania IPO should assess the company’s solid financial momentum, with FY 2025 revenue reaching ₹40.07 crore and net profit at ₹8.97 crore, marking significant growth over the previous year. As an SM REIT, it offers exposure to a fully leased Grade A+ office property in Thane, tenanted by reputed corporates, and is positioned in a segment showing stable long-term demand for commercial rentals.
The IPO valuation reflects a premium product with a minimum investment of ₹10-10.6 lakh per unit, based on recurring rental income and management forecasts. Growth prospects center on embedded rental escalations and occupancy stability, though are limited to a single asset and geography. Risks include concentrated tenant exposure, regional real estate cyclicality, and regulatory uncertainties. The IPO is most suited to long-term investors seeking consistent rental yields and commercial real estate exposure, rather than quick market gains.
| Date | GMP | Trend |
|---|---|---|
| 02 Aug 2025 20.00 | ₹00 | --- |
| 01 Aug 2025 11.26 | ₹00 | --- |
| 31 Jul 2025 11.46 | ₹00 | --- |
| 30 Jul 2025 11.04 | ₹00 | --- |
| 29 Jul 2025 11.23 | ₹00 | --- |
| 28 Jul 2025 11.12 | ₹00 | --- |
| 25 Jul 2025 10.45 | ₹00 | --- |
| 24 Jul 2025 10.35 | ₹00 | --- |
| 23 Jul 2025 10.49 | ₹00 | --- |
| 22 Jul 2025 10.45 | ₹00 | --- |
| 21 Jul 2025 10.33 | ₹00 | --- |
| 20 Jul 2025 13.03 | ₹00 | --- |
| 19 Jul 2025 12.10 | ₹00 | --- |
| 18 Jul 2025 10.35 | ₹00 | --- |
| 17 Jul 2025 10.34 | ₹00 | --- |
| 16 Jul 2025 10.43 | ₹00 | --- |
| 15 Jul 2025 10.49 | ₹00 | --- |
FAQs
The Grey Market Premium showed excellent accuracy in predicting PropShare Titania SM REIT IPO’s listing performance. With a final GMP of ₹0, it suggested a flat listing around the issue price of ₹10,60,000. The stock listed at ₹10,59,900, reflecting a negligible loss of just -0.0094%. This resulted in a minimal prediction error of 0.0094%, demonstrating that the GMP correctly anticipated a flat listing with near-perfect accuracy in this case.
PropShare Titania IPO Current GMP is ₹00.
PropShare Titania IPO Expected Returns is 0.00%.
PropShare Titania IPO estimated listing price is ₹1060000.