Archive · 28 Jul 2025
KRT to Launch ₹4,800-cr REIT IPO on August 5
Knowledge Realty Trust (KRT), backed by Sattva Group and Blackstone, is launching an IPO to raise money by selling shares to the public.
They got the green light from the Securities and Exchange Board of India (SEBI).
This money will be used to pay off some debts.
KRT owns a lot of office space in places like Mumbai, Bengaluru, and Hyderabad.
The company will be the largest in India by its gross asset value.
Investors can buy shares, and get a share of the rent the properties make.
The IPO is scheduled to open on August 5.
Knowledge Realty Trust (KRT) is launching an IPO on August 5th.
The REIT secured SEBI approval for its ₹4,800 crore IPO.
It will be the second-largest REIT in Asia by size.
KRT owns 29 assets with 46 million sq ft of office space across six cities.
The company previously raised ₹1,400 crore in a pre-IPO placement.
- Who
- Knowledge Realty Trust (KRT), backed by the Sattva Group and Blackstone.
- What
- Knowledge Realty Trust (KRT) is launching an IPO to raise ₹4,800 crore.
- When
- The IPO opens on August 5.
- Where
- KRT has properties in 6 Indian cities, including Mumbai, Bengaluru, and Hyderabad.
- Why
- To raise capital through a public offering and to repay debts.
- IPO Launch Date
- August 5
- Funds to be Raised
- ₹4,800 crore
- Pre-IPO Placement
- ₹1,400 crore
- SEBI Approval
- Received
- Assets
- 29
- Office Space
- 46 million sq ft
- Gross Asset Value
- ₹62,000 crore (approx.)
