hBits will get Sebi licence to launch SM-REIT; plans to lift as much as Rs 500 cr by way of IPO

hBits, which facilitates fractional funding in industrial actual property, has acquired a licence from markets regulator Sebi to launch its Small & Medium Actual Property Funding Belief (SM-REIT) public subject and it plans to lift as much as Rs 500 crore. In a press release on Wednesday, hBits stated it plans to launch the maiden SM-REIT IPO (Preliminary Public Provide) by June 2025. The scale of the IPO is estimated at Rs 400-500 crore.

Over the following few weeks, hBits can even migrate its present portfolio of premium industrial properties into the SM-REIT construction.

The SM REIT construction, ruled by Sebi, is anticipated to considerably improve transparency, compliance, and investor confidence within the rising asset class of fractional industrial actual property possession, hBits stated.

The platform is actively trying to purchase new premium industrial properties throughout the highest 10 cities to realize Belongings Below Administration (AUM) of Rs 2,000 crore by March 2026.

hBits has a portfolio of 16 industrial property. The corporate lately raised Rs 40 crore in its Collection A funding spherical from Capricon Realty Pvt Ltd, a part of the Thackersey Group.

“India’s industrial actual property sector has witnessed sturdy and constant progress, particularly in workplace areas. With Sebi’s SM REIT laws now in place, the trail is obvious to construct a clear, structured, and investor-friendly platform for fractional possession in industrial actual property,” Shiv Parekh, Founder & CEO of hBits, stated. hBits’ upcoming SM-REIT will provide traders the advantages of standard rental earnings, potential capital appreciation, and enhanced liquidity by way of secondary market mechanisms, he added.