
Real 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
+3.0%
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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹100
Band: ₹95 – ₹100
Estimated Listing Price
₹103
Upper price + GMP
Lot Size
150 shares
Min investment ₹15,000
Estimated Profit / Lot
₹450
150 × ₹3
Grey Market Premium trend
+₹3
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹3 | 3.0% | ₹103 |
| 30 Oct 2026 | +₹3 | 3.0% | ₹103 |
| 29 Oct 2026 | +₹3 | 2.7% | ₹103 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for Nexus Select Trust IPO is ₹3, which indicates an expected listing price of ₹103.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.