Knowledge Realty Trust REIT Sees Strong Demand, Subscribed 7.64x by Day 3

Knowledge Realty Trust REIT's initial public offering has demonstrated improving investor interest through its second day of subscription, with Knowledge Realty Trust's unit price set at ₹95-100 per share reflecting encouraging market reception. The ₹4,800 crore REIT reached 2.25 times by 3:25:00 PM on day two, indicating growing investor interest in this office REIT incorporated as India's largest office REIT by Gross Asset Value.

Knowledge Realty Trust REIT non-institutional investors segment leads with solid 13.46 times subscription, whilst qualified institutional buyers demonstrate reasonable participation at 2.80 times and retail investors show no participation, whilst anchor investors show complete participation at 1.00 times, reflecting encouraging investor confidence in this company.

Knowledge Realty Trust REIT subscription reached a solid 7.64 times on day three, led by Non-Institutional Investors (13.46x) and QIB (2.80x). No retail participation was recorded on day three.

Subscription Status of Knowledge Realty Trust REIT:

Here are the subscription details for Knowledge Realty Trust REIT as of Day 3 (August 7, 2025, 3:00:00 PM):

Key Highlights - Day 3:

• Overall subscription reached solid 7.64 times, a substantial improvement from day two's 3.42 times.
• Non-institutional investors demonstrated solid performance at 13.46 times, building significantly from day two's 5.88 times.
• QIB segment displaying reasonable improvement at 2.80 times, building from day two's 1.36 times.
• Retail investors showing no participation throughout the subscription period, indicating reserved retail approach for REIT offerings.
• Anchor investors maintained complete participation at 1.00 times with ₹1,620 crore commitment.
• Total public subscription of ₹15,929.46 crores representing substantial progress toward full subscription.
• Large issue size of ₹4,800 crores achieving meaningful subscription levels on final day.
• Strong institutional interest building momentum with NII leading the subscription drive.

Knowledge Realty Trust REIT - Day 2 Subscription at 3.42 Times

Key Highlights - Day 2:

• Overall subscription reached encouraging 2.25 times, a substantial improvement from day one's 1.13 times.
• Non-institutional investors demonstrated reasonable performance at 4.06 times, building significantly from day one's 1.68 times.
• QIB segment displaying gradual improvement at 0.75 times, building marginally from day one's 0.66 times.
• Retail investors showing no participation on day two, indicating continued reserved retail approach.
• Anchor investors maintained complete participation at 1.00 times with ₹1,620 crore commitment.
• Total public subscription of ₹4,696.78 crores representing significant improvement from day one.
• Large issue size of ₹4,800 crores progressing toward fuller subscription with one day remaining.
• Strong anchor book continues to provide stability while public participation builds momentum.

Knowledge Realty Trust REIT - Day 1 Subscription at 1.13 Times

Key Highlights - Day 1:

• Overall subscription reached modest 1.13 times, showing cautious initial investor interest.
• Non-institutional investors demonstrated limited performance at 1.68 times, showing reserved HNI appetite.
• QIB segment displaying cautious participation at 0.66 times, indicating measured institutional sentiment.
• Retail investors showing no participation on day one, indicating reserved retail approach.
• Anchor investors secured complete participation at 1.00 times with ₹1,620 crore commitment.

About Knowledge Realty Trust

Knowledge Realty Trust is India's largest office REIT by Gross Asset Value worth ₹619,989 million as of March 31, 2025, and the second largest office REIT globally in terms of leasable area, comprising 30 Grade A office assets totalling 46.3 million square feet including 37.1 msf of completed area, 1.2 msf under construction and 8.0 msf future development area.