Bagmane Prime Office IPO
GMP, Subscription, Price, Dates & Financial Details
Bagmane Prime Office REIT is a commercial real estate investment trust that owns and operates high-quality Grade A+ office parks in Bengaluru, one of India’s most prominent office markets. Its portfolio is strategically located across key business districts in the city and is largely leased to…
Open Date
Tue, 05 May 2026
Close Date
Thu, 07 May 2026
Price Band
₹ 95 – 100
Lot Size
150
Issue Size
₹ 3,405.00 Cr
Minimum Investment
₹ 15,000 (150 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Bagmane Prime Office IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹3,405 Crore, comprising a fresh issue of 23.90 Crore equity shares aggregating to ₹2,390.00 Crore and an offer for sale (OFS) of 10.15 Crore equity shares aggregating to ₹1,015.00 Crore by the existing shareholders.
The Bagmane Prime Office IPO remained open for subscription from May 05, 2026, to May 07, 2026. The basis of allotment was finalized on May 12, 2026, and the company's shares were listed on the NSE and BSE on May 14, 2026.
The company had fixed the price band at ₹95 to ₹100 per share, with a lot size of 150 shares. Retail investors were required to make a minimum investment of ₹15,000 (based on the upper price band) to apply for one lot.
KFin Technologies Limited served as the registrar to the issue. IIFL Capital Services Limited, Axis Capital Limited, HDFC Bank Limited, JM Financial Limited, SBI Capital Markets Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Bagmane Prime Office REIT is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Bagmane Prime Office IPO Timeline (Tentative)
- IPO Open Date
- Tue, 05 May 26
- IPO Close Date
- Thu, 07 May 26
- Basis of Allotment
- Tue, 12 May 26
- Initiation of Refunds
- Wed, 13 May 26
- Credit of Shares to Demat
- Wed, 13 May 26
- Listing Date
- Thu, 14 May 26 — NSE & BSE
Open Date
05 May 2026
Close Date
07 May 2026
Basis Of Allotment
12 May 2026
Listing Date
14 May 2026
IPO Subscription
Check Live Subscription →The Bagmane Prime Office IPO has received bids for 2,38,09,65,150 shares against 14,79,21,000 shares offered, resulting in an overall subscription of 16.1x. the NII category is subscribed 18.94x, and QIBs 13.73x.
QIB
13.73x
NII
18.94x
Total
16.1x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 0 shares, representing % of the total issue. Qualified Institutional Buyers (QIBs) are allocated 8,06,84,100 shares (54.55%), while Non-Institutional Investors (NIIs) receive 6,72,36,900 shares (45.45%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Qualified Institutions | 80,684,100 | 54.55% |
| Non-Institutional | 67,236,900 | 45.45% |
| Total | 147,921,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 7243.43 | 7238.48 | 6816.04 |
| Revenue | 630.67 | 2390.88 | 2237.33 |
| Profit After Tax | 253.95 | 897.1 | 809.36 |
| Net Worth | 0 | 0 | 0 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 0 | 0 | 0 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Bagmane Prime Office REIT KPI Information
| Particular |
|---|
Peers Comparison
No Peer Comparision Available
About Bagmane Prime Office REIT
Bagmane Prime Office REIT is a commercial real estate investment trust that owns and operates high-quality Grade A+ office parks in Bengaluru, one of India’s most prominent office markets. Its portfolio is strategically located across key business districts in the city and is largely leased to multinational corporations and leading global technology firms.
As of June 30, 2025, the REIT’s portfolio included six Grade A+ business parks, spanning a total area of 20.3 million square feet, with 19.6 million square feet available for leasing. The portfolio maintained a strong committed occupancy level of 97.9%. In addition to completed office spaces, it also comprises under-construction assets, future development projects, as well as hospitality and solar power components.
The tenant mix features major global companies such as Google, Amazon, and Nvidia, along with other multinational enterprises in the technology and allied sectors. The REIT emphasizes long-term leasing relationships, tailored built-to-suit office spaces, and opportunities for tenant expansion within its existing parks.
Sponsored by the Bagmane Group, a Bengaluru-based developer known for premium office assets, the REIT benefits from a robust pipeline of upcoming developments across multiple Indian cities.
Bagmane Prime Office IPO Promoters
Promoters Holding
Holding Pre Issue
0.00%
Holding Post Issue
0.00%
Bagmane Prime Office IPO Objective
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
- Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park
- Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL
- General purposes
Bagmane Prime Office REIT Address / Contact Details
Bagmane Prime Office REIT
5th Floor, ‘B’ Block,
Laurel Building, C.V. Raman Nagar,
Bagmane Tech Park,
Bengaluru, Karnataka, 560093
- +91 80 4032 9901
- reitcompliance@bagmanereit.com
- Visit Website
IPO Snapshot
Bagmane Prime Office IPO Lot Size
The Bagmane Prime Office IPO has a lot size of 150 shares. Retail investors require a minimum investment of ₹ by applying for 0 lot (0 shares). The maximum application allowed for the retail category is 0 lots (0 shares), requiring an investment of ₹.
| Application | Lots | Shares | Amount (₹) |
|---|
Issue Reservation
- QIB — 54.55%
- NII — 45.45%
Book Running Lead Managers
- IIFL Capital Services Limited
- Axis Capital Limited
- HDFC Bank Limited
- JM Financial Limited
- SBI Capital Markets Limited
- Kotak Mahindra Capital Company Limited
- 360 ONE WAM Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Bagmane Prime Office IPO?
Bagmane Prime Office IPO is a Book-building IPO with a total issue size of ₹3405 crore. The Bagmane Prime Office IPO price band is ₹95 to 100 per share. The Bagmane Prime Office IPO subscription opens on Tue, May 5, 2026, and closes on Thu, May 7, 2026. The Bagmane Prime Office IPO will be listed on the NSE,BSE. KFin Technologies Limited is the registrar for the Bagmane Prime Office IPO.
When will the Bagmane Prime Office IPO open for subscription?
The Bagmane Prime Office IPO opens on Tue, May 5, 2026 and closes on Thu, May 7, 2026
What is Bagmane Prime Office IPO Price Band?
Bagmane Prime Office IPO Price Band is ₹95 to 100 per share.
What is Bagmane Prime Office IPO Lot Size?
Bagmane Prime Office IPO lot size is 150 shares, Retail investors need a minimum investment of ₹15000 based on the upper price band
What is the minimum investment for Bagmane Prime Office IPO?
The minimum investment for Bagmane Prime Office IPO is ₹15000, based on one lot of 150 shares at the upper price band of ₹100 per share.
How to apply for Bagmane Prime Office IPO?
Investors can apply for the Bagmane Prime Office IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, May 7, 2026. The application amount remains blocked until the Bagmane Prime Office IPO allotment is finalized.
What is Bagmane Prime Office IPO Issue Size?
Bagmane Prime Office IPO issue size is ₹3405 crores.
What is the Bagmane Prime Office IPO Allotment Date?
Bagmane Prime Office IPO allotment date is Tue, May 12, 2026.
Who is the Bagmane Prime Office IPO Registrar?
The registrar for Bagmane Prime Office IPO is KFin Technologies Limited. Investors can go to KFin Technologies Limited website to check Bagmane Prime Office IPO allotment status, refund processing, and other IPO-related information.
What is the Bagmane Prime Office IPO GMP?
The Bagmane Prime Office IPO GMP (Grey Market Premium) is ₹4 as of Tue, May 5, 2026. Based on the upper price band of ₹100 per share, the estimated Bagmane Prime Office IPO listing price is ₹104, indicating a potential listing gain of approximately 4.00% over the issue price.
Who is the Bagmane Prime Office IPO Lead Manager?
The book-running lead managers (BRLMs) for the Bagmane Prime Office IPO are Axis Capital Limited, HDFC Bank Limited, JM Financial Limited, SBI Capital Markets Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Bagmane Prime Office IPO Red Herring Prospectus (RHP).