Description

Brookfield India Real Estate Trust REIT lists 10,93,75,000 new units at Rs. 320 each raised through Qualified Institutional Placement, effective December 11, 2025.

Summary

Brookfield India Real Estate Trust REIT (Scrip Code: 543261, ISIN: INE0FDU25010) has successfully completed a Qualified Institutional Placement (QIP) and will list 10,93,75,000 new units on BSE effective December 11, 2025. The units were allotted to Qualified Institutional Buyers (QIBs) at an issue price of Rs. 320 per unit, raising approximately Rs. 3,500 crore. These new units rank pari-passu with existing units.

Key Points

  • Total Units Issued: 10,93,75,000 units (approximately 109.375 million units)
  • Issue Price: Rs. 320 per unit
  • Total Amount Raised: Approximately Rs. 3,500 crore
  • Allottees: Qualified Institutional Buyers (QIBs)
  • Date of Allotment: December 10, 2025
  • Trading Commencement: December 11, 2025 (Thursday)
  • Distinctive Numbers: 640010514 to 749385513
  • Ranking: New units rank pari-passu (equal rights) with existing units
  • Scrip Code: 543261
  • ISIN: INE0FDU25010

Regulatory Changes

No regulatory changes are introduced by this circular. This is a standard listing notification for securities issued through a permitted fundraising mechanism (QIP) under SEBI REIT Regulations.

Compliance Requirements

  • Trading Members: Must update their systems to recognize the expanded unit base of Brookfield India REIT
  • Market Participants: Should note the new distinctive number range (640010514 to 749385513) for the newly issued units
  • Depository Systems: Must reflect the updated total unit count and ISIN holdings
  • Contact for Clarifications: Ms. Prachi Babadi (Tel: 022-22728035)

Important Dates

  • Allotment Date: December 10, 2025
  • Listing and Trading Commencement: December 11, 2025 (Thursday)
  • Circular Issue Date: December 10, 2025

Impact Assessment

Market Impact: This is a substantial capital raise for Brookfield India REIT, representing approximately 19% expansion in the unit base (assuming original unit base of ~57 crore units). The QIP route indicates strong institutional demand at Rs. 320 per unit.

Unitholder Impact: Existing unitholders will experience dilution of approximately 16-19% depending on the pre-QIP unit base. However, the capital raised will likely be deployed for acquisitions or development activities, potentially enhancing long-term value.

Liquidity Impact: The addition of 109.375 million units will significantly enhance trading liquidity for the REIT, making it more accessible to institutional and retail investors.

Valuation: The QIP pricing at Rs. 320 per unit provides a benchmark for current market valuation and institutional investor confidence in the REIT’s portfolio and management.

Operational Impact: The approximately Rs. 3,500 crore capital infusion provides substantial dry powder for the REIT to pursue acquisition opportunities in commercial real estate or fund development projects within its existing portfolio.

Impact Justification

Significant capital raise of Rs. 3,500 crore through QIP by major REIT, representing ~19% expansion in unit base, material for existing unitholders due to dilution