Bagmane Prime Office REIT IPO: Price, GMP, Dates & Review

BR
Bagmane Prime Office REIT
Commercial Real Estate · Grade A+ Parks · Bengaluru Portfolio · MNC Tenants
📋 REIT ISSUE Fresh cum OFS BSE, NSE
₹100.00
Final Price
₹3,405 Cr
Issue Size
May 14, 2026
Listing Date
TBD
Market Cap
📅 REIT Timetable
Historical Dates
🟢
REIT Opens
Tuesday, 5 May 2026
Bidding started — official opening day
🔒
REIT Closes
Thursday, 7 May 2026
Bidding ended — closed at 5:00 PM IST
📊
Tuesday, 12 May 2026
Allotment finalised by registrar
🔄
Wednesday, 13 May 2026
Unallotted funds returned; shares credited to demat
🏷️
Thursday, 14 May 2026
Trading began on NSE and BSE from 10:00 AM IST
📋 REIT Details
IPO Open Date5 May 2026 (Tue)
IPO Close Date7 May 2026 (Thu)
Listing Date14 May 2026 (Thu)
Price Band₹95.00 to ₹100.00
Final Offered Price₹100.00 per share
Issue TypeBookbuilding REIT
Sale TypeFresh capital cum OFS
Listing AtBSE, NSE
Total Issue Size34,05,00,000 shares (₹3,405 Cr)
Fresh Issue23,90,00,000 shares (₹2,390 Cr)
Offer for Sale10,15,00,000 shares (₹1,015 Cr)
Pre-Issue Shares3,16,10,00,000
Post-Issue Shares3,40,00,00,000
BSE Script / NSE Symbol544758 / BAGMANE
Lead ManagerJM Financial Ltd.
RegistrarKfin Technologies Ltd.
👥 Investor Allocation
Total 34,05,00,000 shares
19,16,25,000
QIB Shares
75.00% of Public
6,38,75,000
NII (HNI) Shares
25.00% of Public
8,50,00,000
Strategic Investors
Firm Allocation
💡 Anchor Portion: Out of the QIB quota, 11,49,74,850 shares were allocated to Anchor Investors, raising ₹1,149.75 crore on May 4, 2026. Lock-in period ends on June 10, 2026.
📊 Final Subscription Status
Bidding Closed

The Bagmane REIT was subscribed 24.96 times on May 7, 2026 5:06:42 PM (Day 3).

CategoryShares OfferedShares Bid ForSubscription (x)
QIB (Ex Anchor)7,66,49,8952,03,72,28,75026.58x
NII6,38,75,0551,45,74,93,45022.82x
Total Public14,05,24,9503,50,77,38,15024.96x

Total Applications: 2,01,146 · Strategic Investor portion excluded from public tracking.

📈 Company Financials
Restated · ₹ Corporate Portfolio (Crore)
Metric31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Total Assets7,674.827,238.486,816.046,296.89
Total Income1,959.792,390.882,237.332,002.52
PAT829.02897.10809.36758.70
Reserves and Surplus2,677.351,579.711,224.271,288.74
Income Performance
FY 2023–24₹2,237.33 Cr
FY 2024–25₹2,390.88 Cr
H1 FY26 (Dec 2025)₹1,959.79 Cr
📈 Listing Day Trading Information
BSE Trading Data
MetricValue
Final Issue Price₹100.00
Opening Price₹103.40
Day Low₹102.88
Day High₹104.48
Last Traded Price₹103.66
🎯 Objects of the Issue
Net proceeds utilisation
1
Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park
₹1,420.00 Cr
2
Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL
₹820.00 Cr
3
General purposes
₹71.70 Cr
Total Net Proceeds Target ₹2,311.70 Cr
🏢 About Bagmane Prime Office REIT
Bengaluru, Karnataka · Commercial Office Assets

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 like Google, Amazon, and Nvidia.

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 asset framework includes completed office layouts, under-construction developments, future developments, hotels, and solar power installations. Sponsored by the Bagmane Group, it continues to scale expansion metrics across micro-markets.

📅 Key Dates
REIT Opens5 May 2026
REIT Closes7 May 2026
Allotment12 May 2026
Refund & Share Credit13 May 2026
Listing Day14 May 2026
💡 Quick Summary
Price Band₹95.00 – ₹100.00
Offered Price₹100.00 / share
Issue Size₹3,405.00 Cr
Listing PlatformBSE, NSE
🏦 Registrar & Lead Manager
Registrar
Kfin Technologies Ltd.
📞 04067162222, 04079611000
[email protected]
Lead Manager
JM Financial Ltd.
📍 Registered Address
Bagmane Prime Office REIT
5th Floor, ‘B’ Block, Laurel Building,
C.V. Raman Nagar, Bagmane Tech Park,
Bengaluru, Karnataka — 560093
📞 +91 80 4032 9901
[email protected]
🛡️ Regulatory Note: REIT investments are subject to SEBI regulations. Always read the Prospectus/RHP before applying. Consult a SEBI-registered advisor before investing.
⚠️ Disclaimer: This page presents publicly available information from the Bagmane REIT RHP for informational purposes only. It does not constitute investment advice. REIT investments are subject to market risk. Please read all offer documents and consult a SEBI-registered advisor before investing.

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