🏢 Knowledge Realty Trust IPO: India's Largest Office REIT Raises ₹1,620 Cr via Anchor Book

IPO Highlights: Issue Size: ₹4,800 crore Price Band: ₹95–₹100 per unit Issue Opens: August 5 Issue Closes: August 7 Listing: BSE & NSE Anchor Book Raised: ₹1,620 crore Strategic Investors Raised: ₹1,200 crore (July 29) Total Pre-IPO Funds Raised: ₹2,820 crore Anchor Investors: Global Names: Amundi Funds, Florida Retirement System, Morgan Stanley, Barclays, Societe Generale, Citigroup Global, BofA Securities Europe Domestic Institutions: LIC, NPS Trust, Tata AIG, Nippon Life, Axis MF, WhiteOak, HDFC Life, Kotak Life, Quant MF, and the Jhunjhunwala Discretionary Trust Strategic Investors (₹1,200 crore): LIC, SBI Life, UTI MF, HDFC Life, Kotak Life, Reliance General, SBI General, 360 ONE Prime Use of Proceeds: ₹4,640 crore for repayment of debt by asset SPVs and investment entities Remaining for general corporate purposes Current outstanding debt stands at ₹20,827.7 crore (as of July 2) About Knowledge Realty Trust: Backed by: Blackstone and Sattva Developers Asia’s 2nd largest office REIT Portfolio: 29 Grade-A office assets, 46.3 million sq. ft. across 6 cities (Mumbai, Bengaluru, Hyderabad, Chennai, etc.) Will become India's 5th listed REIT, after: Embassy Office Parks REIT Mindspace Business Parks REIT Brookfield India REIT Nexus Select Trust Investor Allocation: 75% reserved for institutional investors 25% for non-institutional (HNI, retail) investors