Property Share Investment Trust’s (PSIT) REIT IPO, India’s first for small and medium real estate, was fully subscribed at 119%. The IPO, for the PropShare Platina scheme, targets a Prestige Tech Platina asset acquisition. Priced at ₹10-10.5 lakh per unit, the IPO lists on BSE December 9th, with a projected 9% FY26 yield.
ETMarkets Smart Talk| Markets at an inflection point; expect 40–50% gains over 36 months: ASK Hedge Solutions’ Vaibhav Sanghavi
Indian stock markets are at a key turning point. Experts predict a strong rally over the next two to three years, potentially delivering 40-50% returns.