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NXST IPO

Nexus Select Trust

IPO Doc

Start Date09-05-2023

Application Timing10am-5pm

Price Range₹95 - ₹100

Min Qty150

Min. Investment₹14250

Listing DateNA

Close Date11-05-2023

About Nexus Select Trust

Why To Invest in Nexus Select Trust

India’s leading real estate investment trust backed by Blackstone. The company aims to use proceeds for partial or full prepayment or repayment of debts of asset SPVs.

Strengths And Risks

Location: : India is one of the fastest growing major economies in the world and consumption accounted for approx 60% of GDP in FY22. The trend is driven by a young population (over 74% of India’s population is below 45 years of age), a growing middle class and rapid urbanization.

Prime Assets: : The company is India’s largest platform of best-in-class assets in 14 of India’s key consumption cities. Due to multi city solutions, they negotiate competitive lease terms with tenants, commanding a 3.8% Marginal Rent premium.

Premium Clientele: : They have a diverse tenant base of renowned national and international brands including Zara, ALDO, Superdry, and Marks & Spencer and Indian brands incl Croma, Shoppers Stop and PVR Cinemas.

Inflation hedged cash flows: : Nexus has a stable portfolio of 93% occupancy as of June ‘22. Our leases typically have tenures of three to nine years for our in-line tenants, nine to twenty-five years for anchor tenants and three to five years for our office tenants.

Renowned Sponsor: : Their sponsor is a portfolio company of Blackstone real estate funds. Blackstone is one of the world’s leading investment firms with US$951 billion of assets under management.

Client Concentration: : A significant portion of revenues are derived from a limited number of large tenants. Any conditions that impact these tenants, properties or markets may adversely affect our business, revenue from operations.

Non-Renewal Risk: : A substantial part of their revenue from lease rentals. Leases with tenants across the portfolio may expire and may not be renewed. Also, lease deeds with some of their tenants are not adequately stamped or registered, and the company may not successfully litigate over such agreements.

Asset Class Risk: : Real estate markets are cyclical in nature, and a recession, slowdown in the real estate market, increase in property taxes, changes in development regulations and zoning laws, availability of financing, rising interest rates, increasing competition, financial setback to tenants etc. can impact business.

Debt Refinancing Risk: : Real estate business entails a significant amount of debt in the operation of business. The cash flows and operating results could be adversely affected by debt repayments or related interest and other risks of debt financing.

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Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

CIN:
U65929MP2003PTC016241

SEBI RA Registration:
INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

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Attention Investors:
1.No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. 2.KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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Do not keep funds idle with the Stock Broker. Please note that your stock broker has to return the credit balance lying with them, within three working days in case you have not done any transaction within last 30 calendar days. Please note that in case of default of a Member, claim for funds and securities, without any transaction on the exchange will not be accepted by the relevant Committee of the Exchange as per the approved norms.
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Awareness regarding guidelines regarding margin collection:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge
Pay 20% upfront margin of the transaction value to trade in cash market segment
Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard
Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month

Advisory – KYC Compliance:

All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
The last date to update KYC is on or before March 31, 2022.
Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1 trading day.
The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
To ensure smooth settlement of trades, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.

Disclaimer:

Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
Brokerage will not exceed SEBI prescribed limit.
Please refer to the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Don'ts issued by Stock Exchanges and Depositories before trading on the Stock Exchanges.
For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual Funds are not an approved product of the Exchanges and any dispute related to this will not be dealt at Exchange platform. ACSPL is a Mutual fund distributor/s registered for Mutual Funds.

Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062
2	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	57500000351820	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors. We do Pro trading.

Client registration documents in Vernacular languages: Get Documents