Bagmane Prime Office – IPO

The IPO of Bagmane Prime Office REIT is structured as a book-built issue totaling Rs 3,405.00 crores. The issue consists of a combination of a fresh issue aggregating to Rs 2,390.00 crores and an offer for sale aggregating to Rs 1,015.00 crores. 

The Bagmane Prime Office REIT IPO opened for subscription on May 5, 2026, and closed on May 7, 2026. The finalization of the allotment took place on Tuesday, May 12, 2026. The shares were listed on BSE and NSE on Friday, May 15, 2026. 

The price band for the Bagmane Prime Office REIT IPO was set between ₹95 and ₹100 per unit. A minimum lot size of 150 units was required for an application. The minimum investment amount required by investors was ₹15,000. 


Bagmane Prime Office – IPO Details

IPO Date May 5, 2026 to May 7, 2026
Listing Date May 15, 2026
Face Value ₹ -- / Share
Price Band ₹ 95.0 to ₹ 100. / Share
Lot Size Shares
Total Issue Size 340500000
(Aggregating up to 3405 )
Fresh Issue 239000000
(Aggregating up to 2390 )
Offer for Sale 101500000
(Aggregating up to 1015 )
Employee Discount
Issue Type Bookbuilding REIT
Listing At BSE NSE
Share holding pre issue 3161000000
Share holding post issue 3400000000
Market Maker portion

Bagmane Prime Office Timeline (Tentative Schedule)

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

IPO Open Date May 5, 2026
IPO Close Date May 7, 2026
Basis of Allotment May 12, 2026
Initiation of Refunds May 13, 2026
Credit of Shares to Demat May 13, 2026
Listing Date May 15, 2026
Cut-off time for UPI mandate confirmation --

Bagmane Prime Office IPO Lot Size

Application Lots Shares Amount
Retail (Min)
Retail (Max)
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)
HNI (Min)

Bagmane Prime Office IPO Promoter Holding

Share Holding Pre Issue 3161000000
Share Holding Post Issue 3400000000

Bagmane Prime Office IPO Reservation

Bagmane REIT comprises a total issue size of 34,05,00,000 shares. Out of which, 19,16,25,000 (75.00%) are allocated to QIB, 6,38,75,000 (25.00%) allocated to NII .

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered 114974850
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered 76650150
NII (HNI) Shares Offered 63875000
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered
Employee Shares Offered
Total Shares Offered 340500000

Bagmane Prime Office IPO Anchor Investors Details

Bid Date 2026-05-04
Shares Offered 114974850
Anchor Portion Size (In Cr.) 1149.75
Anchor lock-in period end date for 50% shares (30 Days) June 10, 2026
Anchor lock-in period end date for remaining shares (90 Days)

About Bagmane Prime Office

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.

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 portfolio includes completed office assets, under-construction developments, future development projects, hotels, and solar power projects.

The REIT’s tenant base includes global companies such as Google, Amazon, Nvidia, and other multinational corporations operating across technology and related sectors. The portfolio follows a leasing strategy focused on long-term tenant relationships, built-to-suit office solutions, and expansion opportunities within existing business parks.

Bagmane Prime Office REIT is sponsored by the Bagmane Group, a Bengaluru-based Grade A+ office developer and owner with a significant development pipeline across multiple cities in India.

Key Performance Indicator

KPI Values
ROE
ROCE
Debt/Equity
RoNW
P/BV
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs)
P/E (x)

Objects of the Issue (Bagmane Prime Office IPO Objectives)

Bagmane Prime Office Contact Details

Bagmane Prime Office REIT Address

5th Floor, ‘B’ Block,

Laurel Building, C.V. Raman Nagar,

Bagmane Tech Park,

Bengaluru, Karnataka, 560093

Bagmane Prime Office IPO Registrar

Frequently Asked Questions


What is Bagmane Prime Office IPO?
The Bagmane Prime Office IPO is classified as an Mainline IPO. The issue price is set between ₹95.0 and ₹100. per equity share. A minimum of shares is required per order. The IPO will be open from May 5, 2026, to May 7, 2026. The shares are proposed to be listed on BSE NSE.

When does the Bagmane Prime Office IPO open and close?
The Bagmane Prime Office IPO will be opened on May 5, 2026, and closed on May 7, 2026.

What is the issue size of the Bagmane Prime Office IPO?
The size of the Bagmane Prime Office IPO is 3405 in total. A fresh issue of 239000000 shares, aggregating up to 2390 , is included.

What is the price band of the Bagmane Prime Office Limited IPO?
The price band for the IPO has been set between ₹95.0 - ₹100. per equity share.

What is the allotment date of the Bagmane Prime Office IPO?
The share allotment date for the Bagmane Prime Office IPO is set for May 12, 2026.

What is the Bagmane Prime Office listing date?
The Bagmane Prime Office IPO is scheduled to be listed on May 15, 2026.

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