CommercialLatest Stories

Knowledge Realty Trust plans to raise ₹2,000 crore through NCDs

NEW DELHI: Knowledge Realty Trust intends to raise up to ₹2,000 crore via non-convertible debentures and commercial papers, as revealed in a regulatory filing. The borrowing committee of Knowledge Realty Office Management Services, which manages Knowledge Realty Trust, approved this proposal in a meeting held on June 17, 2026. The trust will issue up to ₹1,000 crore in listed, rated, secured, redeemable, non-convertible debentures through a private placement. The NCDs will have a face value of ₹1 lakh each and may be issued in one or multiple transactions, series, or tranches to eligible investors. The committee also sanctioned raising an…

CommercialLatest Stories

Knowledge Realty Trust’s NOI Soars 18% in FY26

NEW DELHI: Knowledge Realty Trust reported an 18% increase in its net operating income (NOI) to ₹4,048.4 crore, resulting in an NOI margin of 88%. The board of directors of Knowledge Realty Office Management Services, the managing entity of Knowledge Realty Trust, has approved a distribution of ₹7,165.99 million/₹1.616 per unit for the quarter ending March 31, 2026. This distribution includes ₹4,350.15 million/₹0.981 per unit as dividends, ₹917.92 million/₹0.207 per unit as interest (minus applicable taxes), ₹1,889.05 million/₹0.426 per unit for debt repayment, and ₹8.87 million/₹0.002 per unit. The net asset value (NAV) of the trust was declared at ₹123.61…

CommercialLatest Stories

Knowledge Realty Trust Secures ₹500 Crore via Commercial Papers

NEW DELHI: Knowledge Realty Trust has successfully raised ₹500 crore through the issuance of commercial papers, as reported in a BSE filing. The borrowing committee of Knowledge Realty Office Management Services, which manages Knowledge Realty Trust, has approved the placement of 10,000 listed, rated, redeemable, and rupee-denominated commercial papers. The papers have a face value of ₹5 lakh each and were issued for a total principal amount of ₹500 crore. The issued commercial papers are set for a duration of 91 days starting from May 12, 2026, and have been offered in dematerialized form on a private placement basis, issued…

IndustryLatest Stories

Knowledge Realty Trust REIT secures ₹1,620 crore from anchors

NEW DELHI: Knowledge Realty Trust REIT has successfully raised ₹1,620 crore from anchor investors, along with an additional ₹1,200 crore through strategic allocations targeting institutional investors, as it gears up for its initial public offering (IPO) set to open on August 5, 2025. This follows a pre-IPO funding round that garnered ₹1,400 crore. The board of directors for Knowledge Realty Office Management Services, the entity managing the Knowledge Realty Trust, has finalized the allocation of 16,20,00,000 units to anchor investors at ₹100 per unit. With this allocation, 70% of the IPO (amounting to ₹4,220 crore) has already been secured. The…

IndustryLatest Stories

Knowledge Realty Trust’s ₹4,800 Cr IPO Launching August 5, 2025

NEW DELHI: Knowledge Realty Trust REIT has set the price range for its issue between ₹95 and ₹100 per unit. The bidding process opens on August 5, 2025, and concludes on August 7, 2025. The minimum bid size is ₹15,000, which translates to a minimum of 150 units, with additional bids made in multiples of 150 units for all bidders except anchor and strategic investors. This offering includes a fresh issuance of units totaling up to ₹4,800 crore by Knowledge Realty Trust. A maximum of 75% of the issue (excluding the Strategic Investor portion) will be allocated proportionately to institutional…