Blackstone's Nexus Select Trust IPO:Non Institutional Investors show interest so far; check details

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Blackstone's Nexus Select Trust REIT Ltd initial public offer (IPO) has received bids for 39,02,550 shares from Non Institutional Investors (NII) category that includes retail, corporate, and High Net-worth Individuals (HNIs), according to data on NSE at 12:30 IST...

According to a circular posted on the BSE website on Monday, among the anchor investors who have received units are HDFC Mutual Fund (MF), SBI MF, HDFC Life Insurance, SBI Life Insurance, Prusik, Morgan Stanley Asia (Singapore) Pte, and Tata Investment Corporation..

The Draft Red Herring Prospectus(DRHP) for Nexus Select Trust's retail REIT public offering was filed with Securities and Exchange Board of India(SEBI)in November last year..

Bofa Securities, Axis Capital, Citigroup, HSBC Securities, JM Financial, JP Morgan, Kotak Mahindra Capital and Morgan Stanley are the book running lead managers for the REIT IPO..

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