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Bagmane Prime Office REIT

IPO Details · GMP · Subscription · Financials

🟢 Open NSE & BSE Mainboard Closes 07 May 2026
Issue Price
₹100
Per Share
GMP
+₹5
+5% Grey Market
Est. Listing
₹105
Expected Price
Min. Application
₹30,000
2 lots × 150 shares
IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size150 Shares per Lot
Total Issue Size34,05,00,000 shares (agg. up to ₹3,405 Cr)
Issue TypeBookbuilding REIT
Sale Type / CategoryFresh capital cum OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenTue, 05 May 2026
Subscription CloseThu, 07 May 2026
Anchor AllotmentMon, 04 May 2026
Basis of AllotmentTue, 12 May 2026
Initiation of RefundsWed, 13 May 2026
Credit of Shares to DematWed, 13 May 2026
Listing DateFri, 15 May 2026
UPI Mandate Deadline5:00 PM on 07 May 2026 (Day 3)
Application & Investment Details
Retail — Min (2 Lots)₹30,000 — 300 shares
Retail — Max (13 Lots)₹195,000 (13 Lots)
HNI — Min (3 Lots)₹45,000 — 450 shares
Fresh Issue Shares23,90,00,000 shares (agg. up to ₹2,390 Cr)
Offer for Sale Shares10,15,00,000 shares of ₹[.] (agg. up to ₹1,015 Cr)
About Bagmane Prime Office REIT

Bagmane Prime Office REIT is a commercial office real estate investment trust focused on owning and managing premium Grade A+ business parks in Bengaluru, one of India’s leading office markets. The portfolio is concentrated across key micro-markets in the city and is primarily leased to multinational corporations and global technology companies.As of June 30, 2025, the portfolio comprised 6 Grade A+ business parks with a total area of 20.3 million sq. ft. and leasable area of 19.6 million sq. ft., with a committed occupancy of 97.9%. The portfolio includes completed office assets, under-construction developments, future development projects, hotels, and solar power projects.The REIT’s tenant base includes global companies such as Google, Amazon, Nvidia, and other multinational corporations operating across technology and related sectors. The portfolio follows a leasing strategy focused on long-term tenant relationships, built-to-suit office solutions, and expansion opportunities within existing business parks.Bagmane Prime Office REIT is sponsored by the Bagmane Group, a Bengaluru-based Grade A+ office developer and owner with a significant development pipeline across multiple cities in India.

Objects of the Issue

Bagmane Prime Office REIT proposes to utilise the net proceeds from the Issue for the following objects:

1
Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park
1,420.00
2
Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL
820.00
3
General purposes
Shareholding & Lock-in
Pre-IPO Promoter Holding Not Available
Post-IPO Promoter Holding Not Available
Check AllotmentCheck Status →
Bagmane Prime Office REIT — Live Price OPEN
IPO Open for Subscription
Chart activates on listing day — 15 May 2026
Quick Facts
GMP Signal🟢 Positive
StatusOpen
Issue Price₹100
GMP+₹5
Est. Listing₹105
Lot Size150 shares
Min Amount₹30,000
Listing Date15 May 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹100
Listing Date15 May 2026
Listing PriceAvailable on listing day
Listing Gain/LossCalculated on listing day
52-Week HighPost listing
52-Week LowPost listing
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
QIB (Ex Anchor) 76,649,895 ₹766.50 Cr 26.58x
NII / HNI 63,875,055 ₹638.75 Cr 22.82x
TOTAL 140,524,950 100.00% ₹1,405.25 Cr 24.96x
* Based on ₹100.00 (upper price band)
Day-wise Subscription
QIB
26.58x
NII / HNI
22.82x
Total
24.96x
Subscribed
Lot Size & Investment Details
Lot Size
150
Shares
Issue Price
₹100.00
Per Share
Min Investment
₹15,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 150 ₹15,000
Retail (Max) 13 1,950 ₹195,000
sNII (Min) 14 2,100 ₹210,000
bNII (Min) 68 10,200 ₹1,020,000
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars31 Dec 202531 Mar 202531 Mar 2024
Revenue from Operations 1959.79 2390.88 2237.33
EBITDA N/A N/A N/A
Profit After Tax (PAT) 829.02 897.10 809.36
Net Worth N/A N/A N/A
Total Assets 7674.82 7238.48 6816.04
Reserves & Surplus N/A N/A N/A
Total Borrowings N/A N/A N/A
Key Ratios & Valuation
Issue Price ₹100
Face Value ₹10 Per Share
P/BV N/A
RoE N/A
RoCE N/A
RoNW N/A
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity N/A
Company Details
Company
Bagmane Prime Office REIT
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding REIT
Face Value
₹10 Per Share
Script Code
N/A
Address
5th Floor, ‘B’ Block, Laurel Building, C.V. Raman Nagar, Bagmane Tech Park, Bengaluru, Karnataka, 560093
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