Urban Estates REIT IPO
Real Estate / REIT - Urban Estates REIT is a real estate investment trust focused on Grade A commercial office spaces in Mumbai and Pune
Price Band
Rs 300 - 316
Cut-off: Rs 316 per share
Lot: 47 - Min Rs 14,852
Open
03 Feb 2026
Last Day
07 Feb 2026
Allotment
10 Feb 2026
Listing
12 Feb 2026
GMP Today
+Rs 18
+5.7% premium
Est. Listing Price
GMP BasedRs 334
Issue Price + GMP (Dynamic)
Est. Profit (1 Lot)
GMP Based+Rs 846
+5.7% (47 shares)
Subscription
8.4x
Final
Range: +2.2% to +10.2%
Confidence: Moderate - 68%
Confidence Score - 68%
Issue Details
Total Issue Size
Rs 12 Cr
Price Band
Rs 300 - 316
Fresh Issue vs OFS
Objects of the Issue (as per DRHP)
- 1Acquisition of additional commercial properties
- 2Repayment of existing debt
- 3Capital expenditure on existing properties
- 4General REIT expenses
Company Financials
Revenue Growth
FY23
Rs 285 Cr
FY24
Rs 342 Cr
FY25
Rs 398 Cr
Other Financial Metrics
EBITDA (FY25)
Rs 278 Cr
ROE
8.5%
Return on Equity
ROCE
7.8%
Return on Capital
Debt/Equity
0.45
Low Debt
2-Year CAGR
P/E Ratio
0x
At upper band
Market Cap
~4,800 Cr
Post issue
MARKET SENTIMENT SCORE
Based on expert reviews, GMP trends & market signals
Expert Reviews & Opinions
Expert reviews for Urban Estates REIT IPO will appear here once available.
Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.
Peer Comparison
Comparing with 2 listed peers| Company | Market Cap | Revenue | PAT | P/E | P/B | ROE |
|---|---|---|---|---|---|---|
UE Urban Estates REITIPO | ~4,800 Cr | Rs 398 Cr | Rs 186 Cr | - | - | 8.5% |
| Embassy REIT | 32.0K Cr | 3.2K Cr | 1.2K Cr | - | 1.2x | 8.5% |
| Mindspace REIT | 18.5K Cr | 2.1K Cr | 850 Cr | - | 1.1x | 7.8% |
| Peer Average | 25.3K Cr | 2.6K Cr | 1.0K Cr | - | 1.1x | 8.2% |
Quick Analysis
- ROE of 8.5% is above peer average (8.2%), indicating better return on equity.
- Market cap post-listing would place Urban Estates REIT below peer average in terms of size.
* All peer data is from publicly available sources. Financial figures are latest reported annual numbers.
IPO Details
| Open Date | 03 Feb 2026 |
| Close Date | 07 Feb 2026 |
| Allotment Date | 10 Feb 2026 |
| Listing Date | 12 Feb 2026 |
| Issue Type | Book Build Issue |
| Issue Size | Rs 1,200 Cr |
| Fresh Issue | 1,200 Cr (100%) |
| OFS | Nil |
| Face Value | Rs 10 per share |
| Price Band | Rs 300 - 316 |
| Lot Size | 47 shares |
| Min Investment (Retail) | Rs 14,852 |
| Listing Exchange | Mainboard |
Company Information
| Company Name | Urban Estates REIT Ltd |
| Industry | Real Estate / REIT |
| Registrar | Link Intime India |
| Lead Manager | Axis Capital |
| Market Cap (Upper) | ~4,800 Cr |
| P/E (Upper Band) | N/A |
About the Company
Urban Estates REIT is a real estate investment trust focused on Grade A commercial office spaces in Mumbai and Pune. The portfolio includes 4.2 million sq ft of leasable area with 92% occupancy.
Check Allotment Status
Check your Urban Estates REIT IPO allotment status on the registrar website.
Link Intime India
IPO Registrar
Disclaimer
IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.
AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.
GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.
Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.