By laksh5382 
EFC (I) Limited India’s first small and medium real estate investment trust operated by a managed office space provider has secured SEBI registration for Amberstone SM REIT. The company plans to launch an initial public offering of ₹500 crore through its wholly owned step-down subsidiary, EFC REIT Pvt Ltd.
SEBI granted registration on October 29, 2024, allowing Amberstone SM REIT to proceed with its maiden scheme offering. EFC REIT Private Limited will act as the investment manager, overseeing the funds raised and managing the commercial real estate asset operations.
The Pune-based company recently reported strong financial performance, with its consolidated net profit rising by 230.26 per cent to ₹36.56 crore in Q2FY25, compared to ₹11.07 crore in the same quarter last year. The company’s consolidated total income increased by 72.93 percent to ₹171.08 crore during the same period.
EFC Group, which positions itself as India’s only fully integrated real estate services provider in its segment, expects this development to significantly expand its assets under management and managed office space portfolio across the country. . The company specializes in the managed office space sector, focusing on flexible, scalable office spaces.