The stock of Brookfield India Real Estate Investment Trust (Reit) was listed on the NSE on Tuesday with a premium of over two per cent over its issue price of Rs 275. Brookfield India Reit shares were listed at Rs 281.70 with a 2.43 per cent premium on the NSE. However, the stock was almost flat at Rs 275.05 on the BSE. It later jumped 1.83 percent to Rs 280.05.
Brookfield India Real Estate Investment Trust’s initial public offering (IPO) was oversubscribed eight times earlier this month. Brookfield India Reit’s IPO worth Rs 3,800 crore was priced between Rs 274-275. Brookfield Reit has become the third listed trust in India.
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