PropShare Celestia IPO is scheduled to open for subscription on April 10, 2026, and will remain available to investors until April 16, 2026. The issue is being launched under the Property Share Investment Trust, India’s first SEBI-registered small and medium REIT.
The IPO provides access to income-generating commercial real estate through a structured investment platform. Details related to pricing, asset profile, and tenant composition have been disclosed ahead of the opening date.
PropShare Celestia IPO is a book-built issue aggregating to ₹244.65 crore and comprises an entirely fresh issue with no offer for sale component. The issue opens on April 10, 2026, and closes on April 16, 2026, with allotment expected to be finalised on April 17, 2026.
Units are proposed to be listed on the BSE, and the tentative listing date is April 24, 2026. The structure is designed to route proceeds directly towards the underlying property asset.
The IPO has been offered at a price band of ₹10,00,000 to ₹10,50,000 per unit. The entire issue size of ₹244.65 crore is attributed to a fresh issue, as disclosed in the offer details.
The high unit value positions the offering primarily for institutional and high-value investors. The book-building process will determine the final issue price within the stated band.
PropShare Celestia represents a scheme providing exposure to 7 floors within Stratum @ Venus Grounds, a Grade A+ mixed-use commercial development. The property is located in Nehru Nagar, a prime commercial area of Ahmedabad, and features a central atrium design.
The total leasable area of the project is 2,07,838 sq. ft., supporting varied office configurations. The asset is positioned to cater to managed office and co-working demand.
The project houses 3 managed office operators including Smartworks Coworking Spaces Limited, EFC Limited, and Paragraph Khajanchi Business Centre LLP. These operators collectively serve 10 end occupiers across technology, financial services, analytics, and professional services sectors.
Prominent tenants include Tech Mahindra, a US-based professional services firm, and an Indian private sector bank. The diversified tenant base supports stable rental income across economic cycles.
Read More: SBI Funds IPO Filing Highlights Risks Across AUM, Liquidity and Legal Factors.
PropShare Celestia IPO presents a structured commercial real estate exposure through a SEBI-regulated SM REIT platform. The issue is entirely a fresh issue aimed at acquiring and managing a Grade A+ office asset in Ahmedabad.
A diversified occupier profile and established managed office operators underpin income stability. The IPO timeline, pricing structure, and asset details have been clearly outlined ahead of the opening date.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 9, 2026, 11:47 AM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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