Knowledge Realty Trust IPO Lists with Premium: A Promising Start
Knowledge Realty Trust, sponsored by Sattva Group and Blackstone, lists with a premium of 4% on both the BSE and NSE, marking a strong start for the Rs 4,800 crore IPO.
ReitIpoKnowledge Realty TrustReal EstateSattva GroupReal Estate NewsAug 18, 2025
The unit started trading at Rs 104, up 4% from the issue price on the BSE. At the NSE, it listed at Rs 103, a premium of 3%. The company's market valuation stood at Rs 47,328.35 crore, reflecting the strong investor confidence in the KRT IPO.
The Rs 4,800 crore REIT initial public offering (IPO) was heavily subscribed, with a subscription rate of 12.48 times. The company had set a price band of Rs 95 to Rs 100 per unit for its initial share sale. The IPO was entirely a fresh issuance of units by Knowledge Realty Trust, further highlighting the robust demand and investor interest.
KRT owns over 46 million sq ft of office assets across 29 assets in six cities, primarily Mumbai, Bengaluru, and Hyderabad. The portfolio includes prestigious assets such as One BKC and One World Center in Mumbai, Knowledge City and Knowledge Park in Hyderabad, and Cessna Business Park and Sattva Softzone in Bengaluru. These assets are strategically located in key commercial hubs, providing a strong foundation for the trust's growth and performance.
There are four other listed REITs in India: Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. The successful listing of KRT further strengthens the REIT market in India, offering investors a diverse range of options and opportunities.
Bengaluru-based Sattva Developers has so far constructed 74 million sq ft across seven Indian cities, spanning commercial, residential, co-living, co-working, hospitality, and data center sectors. This extensive portfolio underscores the company's commitment to sustainable and high-quality real estate development.
The listing of Knowledge Realty Trust with a premium is a testament to the strength and potential of the Indian real estate market. It also highlights the growing interest in REITs as a viable investment option, providing investors with access to high-quality real estate assets and a stable income stream.
In conclusion, the successful listing of Knowledge Realty Trust with a premium of 4% on both the BSE and NSE is a significant milestone for the Indian REIT market. It reflects the strong investor confidence and the robust demand for high-quality real estate assets. As the market continues to evolve, REITs like KRT are expected to play a crucial role in shaping the future of real estate investment in India.
For more information on Knowledge Realty Trust and other REITs in India, stay tuned for updates and insights from the real estate and financial sectors.
Frequently Asked Questions
What is a REIT?
A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-generating real estate. REITs allow individuals to invest in large-scale, income-producing real estate without the need for direct ownership.
How did the Knowledge Realty Trust IPO perform?
The Knowledge Realty Trust IPO was highly successful, listing with a premium of 4% on the BSE and 3% on the NSE. The IPO was subscribed 12.48 times, reflecting strong investor demand.
What assets does Knowledge Realty Trust own?
Knowledge Realty Trust owns over 46 million sq ft of office assets across 29 assets in six cities, primarily Mumbai, Bengaluru, and Hyderabad. Notable assets include One BKC and One World Center in Mumbai, Knowledge City and Knowledge Park in Hyderabad, and Cessna Business Park and Sattva Softzone in Bengaluru.
Who are the sponsors of Knowledge Realty Trust?
Knowledge Realty Trust is sponsored by the real estate firm Sattva Group and Blackstone, a global investment firm. Sattva Group has a significant presence in the Indian real estate market, with a portfolio of 74 million sq ft across seven cities.
What other REITs are listed in India?
There are four other listed REITs in India: Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, and Nexus Select Trust. These REITs offer investors a diverse range of real estate investment options.
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