Mumbai, April 17 -- The initial public offer of PropShare Celestia SME REIT IPO received bids for 3,090 units as against 2,323 units on offer. The issue was subscribed 1.33 times.

The other investors category, which includes corporates, individuals (other than retail), and others, was subscribed 4.81 times, while the institutional investors category was subscribed 0.17 times.

The issue opened for bidding on Friday 10 April 2026 and it closed on 16 April 2026. The price band of the IPO was fixed at Rs 10 lakh to 10.50 lakh.

The REIT IPO comprises fresh units worth, aggregating up to Rs 244.65 crore.

The proceeds from the offer will be utilised towards acquisition of Project Celestia and payment of the sinking fund to the society by the...