Nexus Select Trust’s IPO to open on May 9

Nexus Select Trust will come out with an initial public offer on May 9 to raise capital of Rs 3,200 crore.

Mumbai, May 3: Nexus Select Trust, a mall real estate investment trust portfolio backed by Blackstone Inc, said on Wednesday that it will come out with an initial public offer on May 9 to raise capital of Rs 3,200 crore.

The IPO, with the set price band of Rs 95-100 per unit, will be available for subscription till May 11, a press release stated here.

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