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Mindspace Business Parks REIT

MINDSPACE
NSE: MINDSPACE Delayed
376.24INR -1.1%
4.40 USD
As of 24 April 2025, Mindspace Business Parks REIT has a market cap of $2.71B USD, ranking #4398 globally and #299 in India. It ranks #233 in the Real Estate sector, and #22 in the REIT - Office industry.
Global Rank
4398
Country Rank
299
Sector Rank
233
Industry Rank
22
Key Stats
Market Cap
$2.71BUSD
231.28B INR
Enterprise Value
$3.68BUSD
314.63B INR
Revenue (TTM)
$301.28MUSD
25.71B INR
EBITDA (TTM)
$209.89MUSD
17.95B INR
Net Income (TTM)
$59.53MUSD
5.08B INR
EBITDA Margin
70%
Profit Margin
20%
PE Ratio
44.3
Company Profile
Country (HQ)
Sector
Real Estate
Industry
REIT - Office
CEO
Ramesh Nair open_in_new
Founded
2019
Website
mindspacereit.com open_in_new
warningChart data may be delayed
1d 1w 1m 3m 6m 1y
-1.1% 2.8% 2.6% -0.1% 1.2% 11%
Upcoming Earnings
Earnings Date
Wed, Apr 30

Markets

Exchange Ticker Price
National Stock Exchange of India
MIC: XNSE
PRIMARY
MINDSPACE (MINDSPACE.RR)
Mindspace Business Parks REIT Unit
ISIN: INE0CCU25019
Shares Out.:
609.184M1 Shares Float: 235.405M2
TV:
SA:
YF:
GF:
BA:
MS:
376.24 INR
Bombay Stock Exchange
MIC: XBOM
543217 (MINDSPACE)
Mindspace Business Parks REIT Unit
ISIN: INE0CCU25019
TV:
SA:
YF:
GF:
BA:
MS:
378.52 INR
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

About Mindspace Business Parks REIT

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 independent office assets with superior infrastructure and amenities. It has a diversified and high-quality tenant base, with over 225 tenants as of Sep 30, 2024. Most of the buildings in the portfolio are either Gold or Platinum Green Building Certified (IGBC/LEED). The assets provide a community-based ecosystem and have been developed to meet the evolving standards of tenants, and the demands of ‘new age businesses’, making it amongst the preferred options for both multinational and domestic corporations.

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