Mindspace Business Parks Reit which had tapped the capital markets with its fresh issue for Rs 1,000 crs and an offer for sale of Rs 3,500 crs received excellent response and was subscribed 13 times. Earlier the company had allotted to 54 investors a total of 552.27 lac units for a total of 1,518.75 crs by way of anchor allotment. The highest allocation was made to Government of Singapore who was allotted 66,75,200 units worth Rs 183.57 crs. This formed 12.09% of the anchor allocation. The price band was Rs 274-275.

This being an issue under REIT there was a strategic investor quota of Rs 1,125 crs which was earlier allotted. The original issue size of the Rs 4,500 crs was reduced to Rs 1,576.25 crs. This part of the issue was divided into institution and non-institution with no distinction for retail and HNI. The issue was subscribed 13 times with QIB portion subscribed 10.61 times and Non-institution portion subscribed 15.83 times. There were 51,749 applications which makes the average ticket size Rs 25.81 lacs.