Nexus Select Trust IPO Review, Date, Price, GMP, Allotment

Nexus Select Trust is the eminent real estate investment trust in India, possessing a series of prime urban consumption centers, amounting to 17 Grade-A facilities dispersed throughout 14 cities.

As of December 31, 2022, the establishment boasts a remarkable 9.8 million square feet of leasable space, featuring 17 urban consumption centers, along with two interrelated hotel properties, boasting 354 keys, and three office assets amounting to 1.3 million square feet.

Nexus Select Trust boasts a diverse tenant base consisting of more than 1,000 national and international brands housed in roughly 3,000 stores. Some of its leading tenants include Apple, Zara, H&M, Uniqlo, Sephora, Superdry, Lifestyle, Shoppers Stop, Starbucks, McDonald’s, and others.

This trust has consciously amassed a healthy conglomeration of occupants from various sectors such as accessories, apparel, hypermarket, entertainment, and the F&B sector. Nexus Select Trust has also taken on over 50 ESG initiatives, aiming to effectuate a constructive impact on society and the environment.

Moreover, Nexus Select Trust has widespread reach across 14 cities throughout India, including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, commanding 30% of the country’s total discretionary retail spending in FY20.

Nexus Select Trust aims to double its property portfolio in the next 4-5 years through acquisition mode. It has a robust pipeline of potential acquisitions which amounts to over 10 million square feet across 12 cities.

Nexus Select Trust IPO Complete Details:

Nexus Select Trust IPO Timetable:

Company Financial Details:

AS OF NOW GMP OF Nexus Select Trust is 3 Rupees.