Bagmane Prime Office REIT IPO

Bagmane Prime Office REIT IPO is listed on BSE and NSE, priced at ₹95–₹100 per share. The stock debuted at ₹103.5, delivering a listing gain of 3.5%. The IPO had a lot size of ₹150 shares and a minimum investment of ₹15,000.

Bagmane Prime Office REIT IPO

Mainboard Listed
₹15,000 (150 Shares)
Minimum Investment
Check Allotment
IPO Dates
May 5, 2026 – May 7, 2026
Price band
₹95-100 per equity share
Minimum Investment
₹15,000
Issue size
₹3405 Cr
Lot size
150
Allotment Date
May 12, 2026
Listing
May 14, 2026
Listing At
BSE, NSE

IPO timeline

  1. May 5, 2026

    Open Date

    Completed

  2. May 7, 2026

    Close Date

    Completed

  3. May 12, 2026

    Allotment Date

    Completed

  4. May 14, 2026

    Listing Date

    Completed

Bagmane Prime Office REIT IPO Subscription Details

View Subscription Details
QIB 26.58x
Other Investors 23.02x
Total 24.96x

Bagmane Prime Office REIT IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.

Last updated:

Bagmane Prime Office REIT IPO Essentials

Bagmane Prime Office REIT IPO Details

Bagmane Prime Office REIT IPO is priced at ₹95-100 per share with a total issue size of 3405 crore. The IPO has a lot size of 150 shares and is listed on BSE and NSE.

Issue price
₹95-100 per equity share
Lot size
150 shares
Face value
To be announced
Issue size
₹3,405 Crores
Total issue size
34,05,00,000 shares
(aggregating up to ₹3405 crore)
Fresh issue
23,90,00,000 shares
(aggregating up to ₹2390 crore)
Offer for sale (OFS)
10,15,00,000 shares
(aggregating up to ₹1015 crore)
Listing at
BSE, NSE
List price
103.5(NSE)
Listing date
Registrar
kfintech Technologies Ltd.
Lead manager
JM Financial,Kotak Mahindra Capital, Axis Capital,IIFL Capital, SBI CAPS,360 One WAM,HDFC Bank

Bagmane Prime Office REIT IPO Details

  • Retail Portion QIB : 75% & NII : 25%

Bagmane Prime Office REIT IPO Documents

Bagmane Prime Office REIT IPO Reservation

Bagmane Prime Office REIT IPO reservation details show category-wise allocation of shares. Out of the total 255499800 shares, approximately 30% are reserved for QIB, 25% for NII, and 45% for anchor investors.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 114974850 (45%)
QIB Shares Offered 76649895 (30%)
NII (HNI) Shares Offered 63875055 (25%)
Total Shares Offered 255499800 (100%)

Bagmane Prime Office REIT IPO Analytics

Bagmane Prime Office REIT IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Bagmane Prime Office REIT IPO Subscription Status

Bagmane Prime Office REIT IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO is currently subscribed 24.96x, indicating strong demand across investor categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 7,66,49,895
6,38,75,055
0
0
0 14,05,24,950
Day 1 05-05-26 05:00 PM
0.73 x
0.77x
0.00x
0.00x
0.00 x 0.75 x
Day 2 06-05-26 05:00 PM
0.94 x
4.03x
0.00x
0.00x
0.00 x 2.35 x
Day 3 07-05-26 05:00 PM
26.58 x
23.02x
0.00x
0.00x
0.00 x 24.96 x

Bagmane Prime Office REIT Financials( In Crs.)

30-Jun-25 31-Mar-25 31-Mar-24
Assets 7,243.43 7,238.48 6,816.04
Revenue 630.67 2,390.88 2,237.33
Profit After Tax 253.95 897.10 809.36

Bagmane Prime Office REIT Company & Offer Insights

About Bagmane Prime Office REIT

Bagmane Prime Office is the owner and manager of top-quality Grade A+ office parks situated in Bengaluru, Karnataka. It has six Grade A+ office parks with a total built-up area of 20.3 million square feet (msf), having 19.6 msf of leasable space, with 98.8% committed occupancy as on 31 December 2025. Some of its occupiers include global MNCs like Google, Amazon, and Nvidia.

On June 30, 2025, the REIT had 6 Grade A+ office business parks in its portfolio with a total size of 20.3 million sq. ft. and leasable space of 19.6 million sq. ft., with an occupancy rate of 97.9%. This includes office properties that have been completed, office properties under construction, office properties planned for future development, hotels, and solar power generation plants.
The tenants of the REIT include international companies such as Google, Amazon, Nvidia, among others. The portfolio operates under a lease strategy which emphasizes tenant retention, built-to-suit office space, and expansion within existing business parks.
Bagmane Prime Office REIT is backed by the Bagmane Group, which is a Grade A+ office developer and owner in Bengaluru. It has a large project pipeline across many Indian cities.

Bagmane Prime Office REIT IPO Issue Objectives

Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park. - ₹1420 Cr
Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL - ₹820 Cr
General corporate purposes.

Bagmane Prime Office REIT IPO - Anchor Investors

₹1,149 crore raised from anchor investors by Bagmane Prime Office REIT.
Anchor book was subscribed by institutions like SBI Pension, SBI Life Insurance, White Oak, Quant Mutual Fund, UTI Mutual Fund, Kotak Mutual Fund, Edelweiss Mutual Fund, Tata AIG General Insurance, Kotak Life, and Max Life Insurance, amongst others.
Of the total institutional allocation of ₹2,766 crore, the entire strategic allocation of ₹850 crore has been allocated to institutional marquee investors like UTI Mutual Fund, Jhunjhunwala Discretionary Trust, Axis Max Life, ICICI Prudential Pension, 360One, Star Health and Allied Insurance, and Kotak Life.

Bagmane Prime Office REIT IPO - Strengths and Risks

Bagmane Prime Office REIT IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.

Strengths

Strategic Portfolio of Premium Assets: Manages Grade A+ business parks in Bengaluru that boast high occupancy rates and are located in micro-markets with exceptional performance records, backed up by diversified asset types like office spaces, hotels, and solar power projects.
High Quality Tenants with High Retention Rates: Excellent tenant profile made up mostly of multinational companies, GCC organizations, and Fortune 500 firms, resulting in consistent rental income and good tenant retention.
Experience Management Team: Backed by an experienced management team with rich expertise in real estate, with strong skill sets in development, leasing, operations, and finance.

Risks

Transaction and Liability Risks: Successful acquisition of assets is dependent on certain conditions and may have delays that will influence the effectiveness of the offers and could negatively affect profitability and distributions.
Projections and Forward-Looking Statements Risk: Assumptions underpin the financial projections, which may be different from actual results; investors should take into account such projections only as estimate of future performance.
Rent & Market Price Realization Risk: Rent realization may fall below expected rental income levels, as well as any expected mark-to-market appreciation of assets.

Contact Information

Contact Details

Bagmane Prime Office REIT

+91 80 4032 9901

reitcompliance@bagmanereit.com

https://www.bagmanereit.com

5th Floor, 'B' Block, Laurel Building, C.V. Raman Nagar, Bagmane Tech Park, Bengaluru, Karnataka - 560093.

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000

bagmane.reit@kfintech.com

https://ipostatus.kfintech.com/

Frequently Asked Questions

Click any question to reveal the answer

Bagmane Prime Office REIT IPO is a book-built IPO worth ₹3405 crore. The price band is ₹95–₹100 per share. The IPO opens on May 5, 2026 and closes on May 7, 2026. It will be listed on BSE and NSE. kfintech Technologies Ltd. is the registrar.

The price band of Bagmane Prime Office REIT IPO is ₹95 to ₹100 per share.

The lot size of Bagmane Prime Office REIT IPO is 150 shares.

The minimum investment for Bagmane Prime Office REIT IPO is approximately ₹15,000 based on the upper price band .

Bagmane Prime Office REIT IPO opens on May 5, 2026 and closes on May 7, 2026.

The allotment date of Bagmane Prime Office REIT IPO is May 12, 2026.

Bagmane Prime Office REIT IPO is expected to be listed on May 14, 2026, on BSE and NSE .

To apply for Bagmane Prime Office REIT IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Bagmane Prime Office REIT IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Bagmane Prime Office REIT IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Bagmane Prime Office REIT IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Bagmane Prime Office REIT IPO allotment status on IPO Ji for quick and easy access.