Mumbai, Aug. 18 -- The scrip was listed at Rs 103, a premium of 3% over the initial public offer (IPO) price.

Knowledge Realty Trust (REIT)'s IPO was subscribed 12.48 times. The issue opened for bidding 5 August 2025 and it closed on 7 August 2025. The price band of the IPO is fixed at Rs 95 to 100.

The IPO comprised fresh units, aggregating to Rs 4,800 crore. The proceeds from the offer will be utilised towards partial or full repayment or prepayment of certain financial indebtedness of the asset SPVs and the investment entities, amounting to Rs 4,640 crore and general purpose.

Ahead of the IPO, Knowledge Realty Trust, on 4 August 2025, raised Rs 1,620 crore from anchor investors. The board allotted 16.20 crore shares at Rs 100 each t...