Nexus Select Trust REIT (Nexus Select Trust REIT) IPO Detail hindi
Nexus Select Trust REIT has fixed a price band of Rs 95–100 per share.
Nexus Select Trust is India’s leading real estate investment trust. Nexus Select Trust is India’s leading consumption centre platform with 17 Grade-A best-in-class Urban Consumption Centres spread across 14 cities.
Nexus Select Trust serves across 14 cities in India including Delhi, Navi Mumbai, Bengaluru, Pune, Hyderabad, and Chennai, which constituted 30% of India’s total discretionary retail spending in FY20.
Risks And Concerns – A decline in footfalls in its urban consumption centres has in the past and may in the future adversely affect its revenues. – A significant portion of the company’s revenues are derived from a limited number of large tenants, any conditions that impact these tenants, properties, or markets may adversely affect its business, according to analysts at ICICI Securities.