Knowledge Realty Trust REIT Listing Shines:Share Price Jumps 8% After Listing on NSE & BSE

Knowledge Realty Trust REIT, backed by Blackstone and Sattva Developers, made a positive debut on the stock exchanges today. On the NSE, Knowledge Realty Trust share price opened at Rs. 103, rising 3% over the issue price of Rs. 100, while on the BSE, it listed at Rs. 104 per unit, up 4% from the IPO price. The stock later touched the intraday high of Rs. 108.94.

As of noon, Knowledge Realty Trust REIT shares were trading at Rs. 107.97, jumping 4.83% after listing and 7.97% over the issue price.

Knowledge Realty Trust REIT IPO Details

The Knowledge Realty Trust REIT IPO was open for subscription between August 5 and August 7, 2025, with a price band of Rs. 95-100 per unit. The IPO included a fresh issuance of units worth up to Rs. 4,800 crore. Ahead of the IPO, the company raised Rs. 1,620 crore from anchor investors.

The IPO saw strong demand during the bidding period, with an overall subscription of 10.73 times. The Other Investors segment was subscribed 15.51 times, while the Institutional Investors category recorded a subscription of 6.75 times, according to BSE data. The allotments of shares were completed on 14 August.

The issue was managed by a consortium of leading investment banks, including Kotak Mahindra Capital, Axis Capital, BofA Securities India, ICICI Securities, IIFL Capital, JM Financial, Morgan Stanley India, and SBI Capital Markets.

Knowledge Realty Trust REIT GMP

The last recorded Knowledge Realty Trust grey market premium stood at Rs. 2, suggesting a 2% premium over the issue price in the grey market. Based on this, analysts had predicted a listing price of around Rs. 102 per share, similar to today's actual market debut.

About Knowledge Realty Trust

Knowledge Realty Trust is a real estate investment trust (REIT) in India, established in October 2024 under SEBI REIT regulations. The trust owns and manages a diversified portfolio of Grade A commercial office spaces, catering to the growing demand for modern office infrastructure in India. As of March 2025, KRT's portfolio spans 46.3 million square feet (msf), including 37.1 msf of completed office projects, 1.2 msf under construction, and 8.0 msf earmarked for future development, making it one of the largest commercial real estate portfolios in India. The REIT's 29 Grade A assets include 6 city-centre office towers and 23 business parks, strategically located across Bengaluru, Mumbai, Hyderabad, Chennai, Gurugram, and GIFT City (Ahmedabad), as per the SBI Securities Note.