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Check Nexus Select Trust IPO live subscription status on day 3

11 May 2023 , 05:02 PM

The Rs 3200 crore initial public offer of Nexus Select Trust real estate investment trust (REIT) has been oversubscribed on day 3 of the offer. The issue was subscribed 3.60 times at 4.46 PM where QIBs section received 3.24 times bid while HNI portion received 4.40 times bid.

The issue opened for subscription on May 9 and will close today. The company has set a price band of Rs 95 – 100 per unit.

The RIET will finalise allocation on May 16 and the stock will trade on BSE and NSE on May 19. 

Nexus Select Trust RIET IPO Important Details

Open date  May 9, 2023
Close date  May 11, 2023
Lot size  150 shares
IPO size (Rs crore)  Rs 3200 crore
IPO price range (Rs)  Rs 95-100 per share
Minimum investment  15,000
Basis of allotment date  May 16, 2023
Refunds date May 17, 2023
Credit to demat account date  May 18, 2023
Listing date  May 19, 2023

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