Guidelines for determination of allotment and trading lot size for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)

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..... tructure Investment Trusts (InvITs) All Parties to REITs/InvITs All Recognized Stock Exchanges All Merchant Bankers Dear Sir/Madam, Sub: Guidelines for determination of allotment and trading lot size for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) 1. SEBI (Infrastructure Investment Trusts) Regulations, .....

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..... each allotment lot shall not be less than ₹ 1 lakh for InvITs and ₹ 50,000 for REITs, where such lot shall consist of 100 units. 3.2. Allotment to any investor shall be made in the multiples of a lot. 4. For follow-on offer, by a publicly offered InvITs/REITs, following guidelines shall be applicable: 4.1. Minimum allotment shall be of such number of lots, w .....

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..... as specified vide circular no. CIR/IMD/DF/127/2016 dated November 29, 2016 , disclose following additional line items: 6.1. Asset cover available; 6.2. debt-equity ratio; 6.3. debt service coverage ratio; 6.4. interest service coverage ratio; 6.5. net worth; 7. This Circular is issued in exercise of powers conferred under Section 11(1) of S .....

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