Bagmane Prime Office REIT IPO

Bagmane Prime Office REIT IPO

The REIT owns and manages premium Grade A+ business parks located in the world's best performing micro-markets in terms of cumulative net absorption from CY2021 to CY2025 in Bengaluru, the Silicon Valley of India, according to the JLL Report. Its Portfolio comprises 20.3 msf of Total Area and 19.6 msf of Leasable Area, with 98.8% Committed Occupancy as of December 31, 2025, which will be the highest among Indian office REITs post-listing, according to the JLL Report. Its tenant roster includes marquee foreign-headquartered multinational tenants such as Google, Amazon, a leading technology company and Nvidia, who rank among the largest companies globally in terms of market capitalization as of December 31, 2025, according to the JLL Report.

Bagmane Prime Office REIT IPO Details

Total Shares Offered

₹ 34,05,00,000

Offer to Public

10,15,00,000

Retail Max (Shares)

TBA

Pre Issue Promoters Holding

TBA

Exchange

BSE

Issue size

₹ 3405 Cr

IPO Open Date

May 5, 2026

Close Date

May 7, 2026

Lot Size

150

Min Investment

₹ 14,250

Issue Type

Book Building-REITs

Listing Date

May 14, 2026

Bagmane Prime Office REIT IPO Dates

check-icon
May 5, 2026
Opening date
check-icon
May 7, 2026
Closing date
check-icon
May 12, 2026
Basis of Allotment
check-icon
May 13, 2026
Initiation of Refunds
check-icon
May 13, 2026
Credit of Shares
check-icon
May 14, 2026
Listing date

Details

SectorType
SectorConstruction
Sub SectorNA
Issue TypeBook Building-REITs

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Bagmane Prime Office REIT Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operationsTBATBATBA
EBITDATBATBATBA
PATTBATBATBA
Total AssetsTBATBATBA
Share CapitalTBATBATBA
Total BorrowingsTBATBATBA
Operating Activities (Net Cash)TBATBATBA
Investing Activities (Net Cash)TBATBATBA
Financing Activities (Net Cash)TBATBATBA
Net CashflowTBATBATBA

About Bagmane Prime Office REIT

Registered in the Republic of India as a contributory, determinate and irrevocable trust on May 30, 2025 at Bengaluru, Karnataka, India under the Indian Trusts Act, 1882 and as a real estate investment trust on July 15, 2025 at Mumbai, Maharashtra, India under the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014, having registration number IN/REIT/25-26/0007

The REIT owns and manages premium Grade A+ business parks located in the world's best performing micro-markets in terms of cumulative net absorption from CY2021 to CY2025 in Bengaluru, the Silicon Valley of India, according to the JLL Report. Its Portfolio comprises 20.3 msf of Total Area and 19.6 msf of Leasable Area, with 98.8% Committed Occupancy as of December 31, 2025, which will be the highest among Indian office REITs post-listing, according to the JLL Report. Its tenant roster includes marquee foreign-headquartered multinational tenants such as Google, Amazon, a leading technology company and Nvidia, who rank among the largest companies globally in terms of market capitalization as of December 31, 2025, according to the JLL Report.

Bagmane Prime Office REIT Key Points

Strengths

Difficult-to-replicate assets strategically located in the best performing micro-markets globally in terms of cumulative net absorption in Bengaluru, recording a best-in-class occupancy.

Strong tenant relationships with a leading share of GCC and multinational tenants across diversified sectors with a high tenant Retention Rate.

Located in India, the world's fastest growing major economy with the services sector serving as a pivotal driver.

Significant share of BTS assets comprising 42.8% of Completed Area (46.1% of Total Completed Development Area) across 21 buildings as of December 31, 2025, creating a stable and resilient Portfolio.

Premium assets, robust campus-style infrastructure and amenities, supported by integrated asset maintenance services.

Risk

The Formation Transactions will only be given effect to after the Bid/ Offer Closing Date and the company ability to consummate these transactions will impact the size of the Offer and the ability of the Manager to complete this Offer. Further, its will assume existing liabilities in relation to our Portfolio Assets, which if realized may impact the trading price of the Units and our profitability and ability to make distributions.

The company actual results may be materially different from the expectations expressed or implied, or the Projections, included in this Offer Document. Accordingly, investors should not place undue reliance on, or base their investment decision solely on this information.

The actual rents the comapny receive for the properties in its Portfolio may be less than the estimated Asset Market Rents for future leasing, and the company may not achieve our MTM Potential at the levels its expect, or at all, which could adversely affect its business, results of operations, financial condition and cash. flows.

Strategy

Capitalize on its Portfolio's embedded organic growth and new development opportunities.

Value-accretive acquisition strategy to support its future growth, supported by its robust balance sheet.

Proactive asset and property management to enhance value.

How To Apply for Bagmane Prime Office REIT IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Bagmane Prime Office REIT IPO?

close
Bagmane Prime Office REIT's IPO offers shares for up to 2,390 It begins on May 5, 2026 and ends on May 7, 2026.

What is the price of the Bagmane Prime Office REIT IPO?

close
The price of Bagmane Prime Office REIT IPO ranges between ₹95 to ₹100 per share.

What are the open and close dates for the Bagmane Prime Office REIT IPO?

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

When will the Bagmane Prime Office REIT IPO be allotted?

close
The allotment for the Bagmane Prime Office REIT IPO will be finalised on May 12, 2026. The shares will be listed on BSE and NSE on May 14, 2026.

What is the minimum lot size required for Bagmane Prime Office REIT IPO?

close
The minimum lot size for Bagmane Prime Office REIT IPO is 150 shares, priced between ₹95 to ₹100 per share.

What is the GMP of Bagmane Prime Office REIT IPO?

close
The GMP (Grey Market Premium) of Bagmane Prime Office REIT IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Bagmane Prime Office REIT IPO?

close
To check the allotment status of Bagmane Prime Office REIT IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Bagmane Prime Office REIT IPO getting listed?

close
The Bagmane Prime Office REIT IPO is getting listed on the BSE and NSE. Bidding opens on May 5, 2026, and closes on May 7, 2026. The allotment is finalised on May 12, 2026.

How do you apply for the Bagmane Prime Office REIT IPO?

close
To apply for the Bagmane Prime Office REIT IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions