Brookfield India Real Estate Trust REIT Message Board (Page 6)

Any GMP ?

Positive update from Budget for REITs.

Dividend will not be taxed...

If I understand correctly only TDS remove, still taxed in the hands of investor.

@poweruser
You are right in reading

This ipo is looking good

@admin

RHP
https://www.iiflcap.com/Upload/InvestmentBanking/Prospects/Brookfield_India_Real_Estate_Trust_-_Offer_Document.pdf

Kostak price and GMP?

JUST A PIECE OF INFO.

YOU HAVE TO BUY MINIMUM 200 SHARES AND FURTHER IN MULTIPLES OF 200 ONLY, EVEN AFTER LISTING IN SECONDARY MARKET.

YOU CAN SELL IS LOTS OF 200 ONLY. YOU CAN''T SELL 100 SHARES OR LIKE THAT.

YOU CAN TRY WITH MINDSPACE OR EMBASSY OFFICE REIT.

@vibhor
Market lot is 100 as per DRHP page no. 320 and 348.
For mindspace and embassy market lot is 200

100? interesting! it would be smallest lot out of all listed REITs, liquidity will be much better. Lets see if that happens.

Mind It....
RISKS TO INVESTORS
As per offer documents, following risk factors are indicated for investors:

The Manager of the Brookfield REIT may not be able to make distributions to the unit holders in the manner described in the offer document or at all, and the quantum of distributions may decrease.
Brookfield REIT has no operating history and may not be able to operate its business successfully, achieve its business objectives or generate sufficient cash flows to make or sustain distributions. Further the condensed combined financial statements included in the offer document may not accurately reflect its future financial position, results of operations and cash flows.
The extent to which the Coronavirus disease (COVID-19) may affect Brookfield REIT''s business and operations in the future is uncertain and cannot be predicted.

How does SEBI even allow such issues! No wonder! Any complaint you register with SEBI they have useless officials who will ask counter questions instead of taking it with the company! Indian stock markets really professional regulators!

They are all generic risk factors. Have you understood REIT specific issues

Will the allotment be done on lottery basis if it subscribes the minimum portion like happened in the case of mindspace

Lottery for 1 lot of 200 shares most liekly

Is there any Grey Mkt premium in this issue?

apply only if u r planning to hold it for longer tenure it is not a share its a reit. it is suited for people who are looking better return then FD.
it is expected to generate about 7% yeild on the issue price.

Indicated yield is 7.95%

To experts, How is divided from REIT taxed?
Is it tax-free or taxed as per slab rate?

As Arun mentioned, REIT split quarterly payment into multiple parts. Dividend part is subject to tds and taxable based on your income like regular equity dividends. REIT generally have flexibility to structure their business into SPVs to get better tax advantage. What I seen is they keep dividend part to small amount.

Thank you all, What I came to know about REIT, is that it''s not a money making instrument. It is good for diversification and has potentially limited downside at the cost of low return (sometimes even less than money market).
If one is already heavy weight on real-estate or debt instruments, they should avoid it.
Another thing is that it''s for long term holding until company makes profit and/ or REITs market matures with rules and regulations.

NOT WORTH APPLYING FOR Minimum RS 55000 FOR 200 SHARES

this is no real reason

What if it is giving 10 percent return?

Harsad mehta to hedge fund -- tauda manipulation iegal,
Sada manipulation scam?
#gamestop

Harshad Mehta scam was actually banking scam...scam was that he illegally routed money to stocks...It was not his money.

Aniketiaf
Waiting for your view..

Sebi chahta kya hai ? Retailers ko upgrade kar raha hai ya HNI ko downgrade ? Samajh se bahar hai ye.

REIT has different set of guidelines. Unlike mutual funds NAV is announced only twice in a year

Fino Payments Bank Ltd. is inching closer to an initial public offering, which would make it the first-of-its-kind to be listed.The Mumbai-based payments bank is looking to raise close to Rs 1,000 crore through an IPO that is likely to hit the markets in the next six months, according to three people aware of the development,

Read more at: https://www.bloombergquint.com/ipos/fino-payments-bank-moves-closer-to-initial-public-offering
Copyright © BloombergQuint

One of those IPOs where everyone will get allotment from linkintime...

can we apply for two different demat account with same UPI id? will this be treated as valid application?

Hi Sumitbhanse,

Please let me know how to apply for multiple applications from one upi.
I have total 5 demat accounts of different family members.
I want to apply for all 5 demat accounts via upi but I have upi activated only in one Bank account.
If needed I can register on different upi applications like Google pay, phone pe etc .

Waiting for your reply

As per My knowledge UPI not accepted in REIT

only NET BANKING OR AS A

Check it

Premium kitna Rs?

Some analysis on this REIT (in my limited understanding and from reading offer documents):
- REIT is a yield and cash flow distribution game. So rather than looking at profit, cash flows seem to be more meaningful. While this REIT has losses, cash flows are strong.
- Seems priced at decent discount to NAV (NAV appears to be ~310 or so at top of price band)
- Option to acquire 15mn square feet identified and ready assets, in addition to the 14mn initial portfolio - clear growth path
- Lots of other commercial real estate assets Brookfield has - which may come in REIT also
- Collections are close to 98-99% in Nov-Dec
Looks good to me, on the face of it.

Top three clients are kanjoos - Accenture, Cognizant, TCS. Cognizant pays a rent that is about 40% discount to market rates, so good luck earning money here !