Mindspace Business Parks REIT (NSE: MINDSPACE)

India flag India · Delayed Price · Currency is INR
365.47
+4.09 (1.13%)
Dec 24, 2024, 3:29 PM IST
13.37%
Market Cap 216.64B
Revenue (ttm) 25.18B
Net Income (ttm) 5.10B
Shares Out 593.02M
EPS (ttm) 8.60
PE Ratio 42.48
Forward PE 30.10
Dividend 19.16 (5.31%)
Ex-Dividend Date Oct 30, 2024
Volume 6,226
Open 363.90
Previous Close 361.38
Day's Range 360.00 - 367.00
52-Week Range 316.10 - 384.99
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Jan 24, 2025

About NSE: MINDSPACE

Mindspace Business Parks REIT, sponsored by K Raheja Corp group, listed on the Indian bourses in August 2020. The REIT owns quality office portfolios located in four key office markets of India, namely Mumbai Region, Pune, Hyderabad, and Chennai, and is one of the largest Grade-A office portfolios in India. The portfolio has a total leasable area of 33.1 msf comprising of 26.2 msf of completed area, 4.4 msf of area under construction and 2.5 msf of future development. The portfolio consists of 5 integrated business parks and 5 quality independe... [Read more]

Industry REIT - Office
Sector Real Estate
Founded 2019
Country India
Stock Exchange National Stock Exchange of India
Ticker Symbol MINDSPACE
Full Company Profile

Financial Performance

In 2023, MINDSPACE's revenue was 24.62 billion, an increase of 6.99% compared to the previous year's 23.02 billion. Earnings were 5.25 billion, an increase of 85.12%.

Financial Statements

News

Mindspace REIT shares drop as ADIA offloads 9.2% stake via ₹1,903 crore block deal

Shares of Mindspace Business Parks REIT fell nearly 2%% to ₹359.92 on Tuesday after Abu Dhabi Investment Authority (ADIA) sold its entire 9.2% stake through a block deal. The transaction involved 5.4 ...

8 days ago - Business Upturn

Mindspace Business Parks REIT CEO sees 'all-time record' for office REITS

Ramesh Nair, CEO of Mindspace Business Parks REIT talks about enhancing shareholder returns through increasing occupancy levels, and how RBI's impending rate cuts will benefit profitability going forw...

2 months ago - CNBC