Nexus Select Trust
ListedMainboardReal Estate · NSE / BSE
Nexus Select Trust is India’s leading real estate investment trust focused on urban consumption centres. As of December 31, 2022, it owns 17 Grade-A urban consumption centres across 14 cities, with a total leasable area of 9.8 million sq. ft., alongside two hotel assets (354 keys) and three office assets totaling 1.3 million sq. ft. The trust hosts a diversified tenant mix across apparel, hypermarkets, entertainment, and F&B, and actively implements 50+ ESG initiatives to positively impact people and the environment, serving key markets including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai.
Price Band
₹95 – ₹100
Issue Size
₹3200 Cr
Lot Size
150 shares
GMP
₹3
+3.0%
Est. Listing
₹103
at current GMP
Subscribed
5.45x
overall
Open
9 May 2023
Close
11 May 2023
Allotment
17 May 2023
Refund
18 May 2023
Demat Credit
19 May 2023
Listing
19 May 2023
Last updated 12 days ago
Official Registrar Verification
Nexus Select Trust Allotment Status
Designated Registrar: Kfin Technologies Limited
Allotment Date
17 May 2023
Basis finalization
Refunds Initiate
18 May 2023
Mandate release
Demat Credit
19 May 2023
Shares in demat
Listing Debut
19 May 2023
Trading begins
How to Check Nexus Select Trust IPO Allotment Status
- Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
- Select Nexus Select Trust from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Nexus Select Trust Public Issue & Market Profile
Nexus Select Trust is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹3,200 Crores. The shares are offered at a price band of ₹95 to ₹100 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Public Issue & Allotment Procedure:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 150 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Official Allotment Timelines & Registrar Guidance:
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-05-19, while un-allotted funds or UPI block mandates will be released on 2023-05-18.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.