Mindspace Business Parks REIT (NSE:MINDSPACE)

India flag India · Delayed Price · Currency is INR
373.49
+6.77 (1.85%)
At close: Apr 2, 2025, 3:30 PM IST
8.42%
Market Cap 230.77B
Revenue (ttm) 25.71B
Net Income (ttm) 5.08B
Shares Out 609.18M
EPS (ttm) 8.57
PE Ratio 44.23
Forward PE 32.29
Dividend 19.16 (5.13%)
Ex-Dividend Date Jan 29, 2025
Volume 11,052
Average Volume 5,202
Open 365.16
Previous Close 366.72
Day's Range 365.16 - 375.00
52-Week Range 331.00 - 384.99
Beta 0.12
RSI 62.11
Earnings Date Apr 30, 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 34.7 msf comprising of 26.4 msf of completed area, 4.4 msf of area under construction and 3.9 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, NSE: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

New constructions, consolidation key to growth strategy: Mindspace Business Parks REIT CEO

Ramesh Nair, Mindspace Business Parks REIT's CEO, discusses the company's organic and inorganic growth strategy and shares his view on the Indian government's support for the real estate investment tr...

2 months ago - CNBC

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 ...

3 months 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...

5 months ago - CNBC