For common investors, there will be a chance to earn through IPO from August 5. Knowledge Realty Trust (KRT), sponsored by real estate company Sattva Group and Global Investment Firm Blackstone, is going to launch its IPO on Tuesday. According to PTI news, the company has raised ₹ 1,620 crore from anchor investors before its Real Estate Investment Trust (REIT) IPO. This information has been revealed through a circular uploaded on the BSE (BSE) website.
Which anchor investors invested money
Anchor investors include Tata Aig General Insurance, Life Insurance Corporation of India, Nippon India Mutual Fund, Axis Mutual Fund, Tata Mutual Fund, Amundi Wales Capital, Jhunjhunwala Trust and 360 One. The company has allotted a total of 16.2 crore units of anchor investors at the rate of ₹ 100 per unit. Also, the company has also received a strategic investment of ₹ 1,200 crore from institutional investors.
Note important date and price band
Knowledge Realty Trust IPO opening date is 5 August 2025 and it will close on 7 August 2025. The company has fixed the price band ₹ 95 to ₹ 100 per unit in this IPO. The size of this issue is ₹ 4,800 crore. This is a fully issue of fresh units, that is, no promoter share is being sold.
Know the company
The Knowledge Realty Trust has 46 million square feet office assets spread over six major cities of the country including Mumbai, Bangalore and Hyderabad. Their major assets include One BKC and One World Center (Mumbai), Knowledge City and Knowledge Park (Hyderabad) and Sesna Business Park and Sattva Softzone (Bangalore). The company’s net operating income was ₹ 3,432 crore in the last financial year. The total gross asset value of the Knowledge Realty Trust is considered to be around ₹ 62,000 crore, due to which it is going to become the largest reit of India so far.
Initially, the company’s issue size was ₹ 6,200 crore, but after raising ₹ 1,400 crore in June 2025, it has now been reduced to ₹ 4,800 crore. Blackstone and Sattva Group will maintain about 80% stake in this reit. Bangalore -based Sattwa Developers have so far done 74 million square feet of construction work and 75 million square feet are under construction or planning. Their portfolio includes commercial, residential, coaling, hospitality and data center projects.
How much is GMP
According to Financial Express, before the IPO arrives in the market, according to the latest update, the GMP of the Knowledge Realty Trust REIT is at Rs 0 (zero). This shows that the IPO is likely to be listed on its upper price band of Rs 100 per unit. Meanwhile, it is important to note that it is not an official listing value and it may fluctuate based on market notion.
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