Description
Knowledge Realty Trust allocates 16.2 crore units worth ₹1,620 crores to 29 anchor investors at ₹100 per unit for its public issue.
Summary
Knowledge Realty Trust, managed by Knowledge Realty Office Management Services Private Limited, has finalized the allocation of 16,20,00,000 units to 29 anchor investors at ₹100 per unit, totaling ₹1,620 crores. This allocation is part of the REIT’s initial public offering of up to ₹48,000 million (₹4,800 crores).
Key Points
- Total anchor allocation: 16.2 crore units worth ₹1,620 crores
- Anchor investor allocation price: ₹100 per unit
- 29 anchor investors participated in the allocation
- Largest allocation to LIC of India: 99,99,900 units (6.17% of anchor portion)
- Second largest to Tata AIG General Insurance: 1.5 crore units (9.26% of anchor portion)
- Multiple pension funds and mutual funds participated
- Board meeting held on August 4, 2025 to finalize allocations
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Disclosure of anchor investor allocation details to stock exchanges
- Compliance with REIT public issue regulations
- Proper allocation methodology in consultation with book running lead managers
Important Dates
- August 4, 2025: Board meeting date for finalizing anchor allocations
- Public issue size: Up to ₹48,000 million
Impact Assessment
The substantial anchor allocation of ₹1,620 crores represents strong institutional confidence in Knowledge Realty Trust. The participation of major institutional investors like LIC, pension funds, and mutual funds indicates robust demand for the REIT units. This allocation covers approximately 33.75% of the total issue size, suggesting good market reception for the real estate investment trust.
Impact Justification
Significant REIT public issue with substantial anchor allocation indicating strong institutional interest