Bagmane Prime Office REIT
UPCOMINGIPO Date: 5 May - 7 May 2026
Listing Date: 15 May 2026
Price Range
Rs.95 - Rs.100
Issue Size
3405 Cr
Min Investment
₹14,250
Lot Size
150 Shares
Schedule of Bagmane Prime Office REIT
Issue open date
5 May 2026
Issue close date
7 May 2026
UPI mandate deadline
7 May 2026 (5 PM)
Allotment finalization
12 May 2026
Share credit
13 May 2026
Listing date
15 May 2026
Mandate end date
22 May 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 3405 Cr |
| Fresh Issue | 2390 Cr |
| Offer for Sale | 1015 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 12 May 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|---|---|---|
| 3 May 2026 | ₹100 | ₹4 | ₹104 (4%) |
| 2 May 2026 | ₹100 | ₹4 | ₹104 (4%) |
| 1 May 2026 | ₹100 | ₹4 | ₹104 (4%) |
| 30 Apr 2026 | ₹100 | ₹5 | ₹105 (4.5%) |
| 29 Apr 2026 | ₹100 | ₹5 | ₹105 (5%) |
| 28 Apr 2026 | ₹100 | ₹0 | ₹100 (0%) |
Performance Bagmane Prime Office REIT
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.95 - Rs.100 | .... | .... | .... |
About Bagmane Prime Office REIT
Bagmane Prime Office REIT is a real estate investment trust established to own and manage a portfolio of income-generating commercial office assets in India. The REIT’s portfolio comprises large business parks and office properties, including assets such as Bagmane Tech Park, Bagmane World Technology Centre, and other business parks, primarily located in Bengaluru. These properties are leased to tenants, and the REIT generates revenue mainly through rental income, including base rentals and related charges from office spaces and associated facilities. The portfolio also includes certain under-construction and future development assets, along with supporting infrastructure such as solar assets. The REIT operates through a structure involving a holding company and special purpose vehicles that own the underlying properties. Its business model focuses on acquiring, owning, and leasing high-quality office spaces to generate stable cash flows and distribute income to unitholders.
| Founded in | 1996 |
| Managing director | Raja bagmane |
| Parent organization |
Financial Overview
Strengths
- High occupancy of around 98.8% indicates strong demand for its office assets.
- Portfolio includes premium Grade A+ office parks with strong infrastructure and connectivity.
- Long-term leases (typically 5–15 years) provide stable and predictable rental income.
- Assets are located in key Bengaluru micro-markets with high entry barriers for new developments.
- Tenant base includes global and Fortune 500 companies across multiple industries.
Risks
- Business depends heavily on a few large tenants for rental income.
- Loss or non-renewal of major leases can significantly impact revenue.
- Portfolio is concentrated in Bengaluru, exposing it to regional market risks.
- Limited operating history may affect the ability to generate stable cash flows.
- Regulatory approvals or compliance issues could impact operations and profitability.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | N/A |
| Non-Institutional Investors (NIIs) | N/A |
| Retail Individual Investors (RIIs) | N/A |
| Employee | N/A |
| Total | N/A |