Propshare Celestia has informed the Exchange regarding Unitholding pattern prior to listing
Awaiting price reaction for this filing.
PropShare Celestia, the third scheme of Property Share Investment Trust, submitted its pre-listing unitholding pattern to BSE. The REIT has 2,330 total units outstanding. Sponsor/Manager holds 117 units (5.02%), while the public holds 2,213 units (94.98%). Among public unitholders, retail individuals hold the largest portion at 39.91%, followed by bodies corporate at 32.15%, alternative investment funds at 12.27%, clearing members at 6.82%, and NRIs at 3.82%. Notably, the sponsor has pledged 100% of their 117 units (all their holding).
The low sponsor holding (5.02%) with full pledging may signal limited promoter skin in the game, though this is typical for some REIT structures. High retail participation (40%) suggests broad investor interest in this new listing. The units are now listed on BSE under Scrip Code 544752.