Knowledge Realty Trust - REIT | Globe Capital Market LTD.
Knowledge Realty Trust – REIT
Closed
Price Band
₹95 to ₹100 per share
IPO Issue Period
August 5, 2025 to August 7, 2025
Issue Size
₹4,800.00 Cr
Face value
₹ per share
Fresh issue
₹4,800.00 Cr
Offer for sale
NIL
Minimum Shares for Retail
150 Shares
Listing on
BSE, NSE
Issue Type
Book Built Issue REIT
Registrar to the Issue
Kfin Technologies Limited
Tentative Listing Date
Tue, Aug 12, 2025
QIB
75%
NII
25%
Retail
NIL

Kotak Mahindra Capital Company Limited
Axis Capital Limited
Bofa Securities India Limited
ICICI Securities Limited
IIFL Capital Services Limited
Jm Financial Limited
Morgan Stanley India Company Pvt Ltd
SBI Capital Markets Limited

Knowledge Realty Trust is the largest office REIT in India, based on Gross Asset Value (GAV) worth Rs 619,989 million as of March 31, 2025. It is also the second largest office REIT globally in terms of leasable Area. Its Portfolio comprises 30 Grade A office assets totalling 46.3 msf as of March 31, 2025, 37.1 msf of Completed Area, 1.2 msf of Under Construction Area and 8.0 msf of Future Development Area. Its portfolio has 6 city-centre offices and 24 business park/centres. Its portfolio of assets offers a wide range of amenities, such as& multi-cuisine food courts, exclusive members-only clubs, indoor and outdoor sports facilities, medical clinics, creche, and other health and recreation facilities.

The company’s portfolio assets are spread across 6 cities, including Hyderabad, Mumbai, Bengaluru, Chennai, Gurugram and GIFT City, Ahmedabad. The company has a Committed Occupancy of 91.4% as of March 31, 2025. It has a diversified tenant mix of prominent multinational tenants, including Fortune 500 companies, Global Capability Centers (GCCs), and leading domestic corporates.

For the year/period ended (Rs. in Cr.)

FY25 FY24 FY23
Total Revenue 4,146.86 3,588.48 3,115.97
Profit After Tax 222.52 339.66 219.24
EPS
OPM (%) 79.4% 78.9% 80.0%
PATM (%) 5.4% 9.5% 7.0%

 

For year/ period ended ( in Cr.)

Company Name Market Cap (Cr.) Price P/BV P/E Sales (Cr.)
FY25
Net Profits(Cr.)
FY25

*Market cap @upper band

 

  • Largest office REIT in India by GAV and NOI and the most geographically diverse,
  • Strategically located in India’s top-performing markets
  • High quality assets with robust infrastructure and a wide range of amenities
  • Diversified tenant base with an increasing focus on leading domestic corporates and GCCs
  • Long-standing tenant relationships driving tenant retention and growth
  • Robust business model with strong embedded growth, stable cash flows
  • Renowned sponsors (Blackstone and Sattva) with global experience and local knowledge.
  • Partial or full repayment or prepayment of certain financial indebtedness of the Asset SPVs and theInvestment Entities
  • General corporate purposes.

Well-informed investors subscribe for medium to long term perspective.

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