Bagmane Prime Office REIT IPO price band is ₹95 to ₹100 per share. The retail quota is [.]%, QIB is 75%, and HNI is 25%. Bagmane Prime Office REIT IPO to list on BSE, NSE on May 12, 2026. The allotment of the Bagmane Prime Office REIT IPO date is May 8, 2026
Bagmane REIT IPO open date is May 5, 2026, and the IPO will close on May 7, 2026. Bagmane Prime Office REIT IPO is a Bookbuilding Issue. The company to raise around ₹3,405 crores via IPO that comprises a fresh issue of ₹2,390 crores and offer for sale up to 10,15,00,000 equity shares with a face value of ₹[.] each.
The company reported revenue of ₹2,390.88 crores in 2025 against ₹2,237.33 crores in 2024. The company reported a profit of ₹897.10 crores in 2025 against profit of ₹809.36 crores in 2024. As per the financials, the IPO investors should apply for the IPO for the long term.
| IPO Open Date May 5, 2026 | IPO Close Date May 7, 2026 | Allotment Date May 12, 2026 | Listing Date May 15, 2026 |
📅 Bagmane REIT IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | May 5, 2026 |
| IPO Close Date | May 7, 2026 |
| Allotment Date | May 12, 2026 |
| Refund Date | May 13, 2026 |
| Credit to Demat | May 13, 2026 |
| Listing Date | May 15, 2026 |
📌 About Bagmane REIT
Bagmane Prime Office REIT is a Real Estate Investment Trust (REIT) backed by the Bagmane Group and global investor Blackstone.
The REIT owns premium Grade A+ office parks in Bengaluru, catering mainly to multinational corporations (MNCs) and Global Capability Centres (GCCs).
- Portfolio: 6 major business parks(Ipo updates)
- Occupancy: ~98%
- Key tenants: Google, Amazon, Nvidia (Univest)
👉 REITs generate income through rent and distribute regular dividends to investors.(Zerodha)
💰 IPO Price Band & Issue Size
| Particular | Details |
|---|---|
| Price Band | ₹95 to ₹100 per unit |
| Issue Size | ₹3,405 Crores |
| Fresh Issue | ₹2,390 Crores |
| Offer for Sale | ₹1,015 Crores |
| Issue Type | Book Build REIT |
(Groww)
📦 Lot Size & Investment
| Particular | Details |
|---|---|
| Lot Size | 150 Units |
| Minimum Investment | ₹15,000 |
📊 IPO Reservation
| Category | Allocation |
|---|---|
| QIB | ~56% |
| NII | ~19% |
| Strategic Investors | ~25% |
🏢 Portfolio & Business Details
| Particular | Details |
|---|---|
| Sector | Commercial Real Estate (REIT) |
| City Focus | Bengaluru |
| Total Area | ~20 million sq ft |
| Occupancy | ~98.8% |
| Tenant Type | MNCs & GCCs |
(Univest)
🧮 Objects of the Issue
| Purpose |
|---|
| Acquisition of new office assets |
| Expansion of business parks |
| Debt repayment |
| General corporate purposes |
(Univest)
📊 Key Highlights
| Factor | Details |
|---|---|
| Strong Tenant Base | Google, Amazon, Nvidia |
| Rental Yield Model | Regular income distribution |
| High Occupancy | ~98% |
| Backed By | Blackstone |
🔥 Bagmane REIT IPO GMP
| Detail | Value |
|---|---|
| GMP | Not Available (Yet) |
| Trend | To be updated |
👉 REIT GMP generally stays low compared to equity IPOs.
⭐ Bagmane REIT IPO Review
| Factor | Rating |
|---|---|
| Overall Review | ⭐⭐⭐⭐ (Good) |
| Risk Level | Moderate |
| Investor Type | Income + Long-Term |
✔ Pros
- Stable rental income model
- High-quality tenants (MNCs)
- Near full occupancy
- Backed by strong investors
❌ Cons
- No high growth like stocks
- Returns depend on rental yield
- Concentration in one city (Bengaluru)
📥 How to Apply
- ASBA via net banking
- UPI via brokers (Zerodha, Groww, Upstox)
- Through stock brokers
❓ FAQs
❓ What is Bagmane REIT IPO?
It is a REIT IPO investing in commercial office properties.
❓ What is price band?
₹95 to ₹100 per unit.
❓ What is minimum investment?
₹15,000 (150 units).
❓ When is allotment?
May 12, 2026.
❓ When is listing?
May 15, 2026.
Disclaimer
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
