Tag: Knowledge Realty Trust REIT

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Knowledge Realty Trust’s NOI Rises 20% in H1 FY26

NEW DELHI: Knowledge Realty Trust has reported a 20% year-on-year increase in net operating income (NOI), reaching ₹19,544 million for H1 FY26, with NOI margins at 89%. In Q2 FY26, the company recorded a revenue of ₹11,238 million and an NOI of ₹9,881 million. A distribution of ₹6,900 million, or ₹1.56 per unit, was also announced. The firm successfully raised ₹16,000 million through AAA-rated listed non-convertible debentures (NCDs) with a 7.2% coupon rate. The company noted, “Debt refinancing, rate reductions, and low-cost NCDs have contributed to a reduced interest cost of 7.4% per annum, achieving annual savings of 120 basis…

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Units of Knowledge Realty Trust Close with Over 6% Premium

NEW DELHI: Units of Knowledge Realty Trust, backed by Sattva Group and Blackstone, closed with a premium exceeding 6% on Monday from the issue price of ₹100 per unit. The unit debuted at ₹104, showing a 4% rise from the issue price on the BSE. Throughout the day, it peaked at ₹109.14, realizing a 9.14% increase. Ultimately, the unit finished at ₹106.15, a rise of 6.15%. On the NSE, the listing commenced at ₹103, reflecting a 3% premium. It eventually stabilized at ₹106.24 per unit, marking a 6.24% increase. The company’s total market valuation is approximately ₹47,071.15 crore. The ₹4,800-crore…

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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…

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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…

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Knowledge Realty Trust secures Sebi approval for ₹4,800-crore REIT

NEW DELHI: Knowledge Realty Trust, backed by the Sattva Group and Blackstone, has received approval from SEBI to initiate a public offering for its REIT, aiming to raise ₹4,800 crore. Last month, Knowledge Realty Trust (KRT) successfully gathered ₹1,400 crore from investors as part of the preparations for its first REIT public offering. In early March, KRT filed a draft red herring prospectus (DRHP) with SEBI to launch an initial public offering (IPO) and list the REIT on stock exchanges. This initiative is designed to monetize its portfolio of 30 premium office assets located in major cities. According to sources,…