- Securities and Exchange Board of India (SEBI) has reduced the minimum subscription requirement for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). SEBI has also defined trading lots for REITs and InvITs.
- Minimum subscription requirement for REITs: Rs 50,000 (and its multiple) [earlier its was Rs 2 lakhs]
- Minimum subscription requirement for InvITs: Rs 1 lakh (and its multiple) [earlier its was Rs 10 lakhs]
- For initial listing, a trading lot should be of 100 units, and its multiple. (for both REITs and InvITS)
Points to remember:
- Minimum subscription requirement for REITs?
- Minimum subscription requirement for InvITs
- Trading lot for REITs?
- Trading lot for InvITs?