Propshare Titania SM REIT - IPO (Second Scheme Of The Property Share Investment Trust) has informed the Exchange regarding Unitholding pattern prior to listing
Awaiting price reaction for this filing.
Propshare Titania SM REIT (second scheme of Property Share Investment Trust) submitted its unitholding pattern to BSE on August 4, 2025, one day before its units were to be listed (Scrip Code: 544462). Total units outstanding stand at 4,462. Sponsor and Sponsor Group hold 224 units (5.02%), entirely through an Indian Body Corporate, with 100% of these units mandatorily held and none pledged. Public holding accounts for 4,238 units (94.98%), dominated by individuals at 2,930 units (65.67%) and bodies corporate at 1,199 units (26.87%), with smaller contributions from NRIs (85 units, 1.90%) and trusts (24 units, 0.54%). No institutional investors such as mutual funds, FPIs, insurance companies, or banks hold any units in this scheme.
The very small total unit base (4,462 units) and negligible sponsor holding (5.02%) are unusual for a REIT, potentially raising concerns about low float and limited institutional interest. Retail investors should note that no marquee institutional investors have come in at listing, which could affect trading liquidity and post-listing price discovery.