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Bagmane Prime Office REIT

Bagmane Prime Office REIT

Open Date

May 5, 2026

Close Date

May 7, 2026

listed

Min Investment

₹15,000

Lot Size

150 Shares

Issue Size

₹3405 Cr

Price Range

₹95 - ₹95

Listing Date

May 14, 2026

IPO Doc

RHP PDF

About Bagmane Prime Office REIT

Bagmane Prime Office is the owner and manager of top-quality Grade A+ office parks situated in Bengaluru, Karnataka. It has six Grade A+ office parks with a total built-up area of 20.3 million square feet (msf), having 19.6 msf of leasable space, with 98.8% committed occupancy as on 31 December 2025. Some of its occupiers include global MNCs like Google, Amazon, and Nvidia. On June 30, 2025, the REIT had 6 Grade A+ office business parks in its portfolio with a total size of 20.3 million sq. ft. and leasable space of 19.6 million sq. ft., with an occupancy rate of 97.9%. This includes office properties that have been completed, office properties under construction, office properties planned for future development, hotels, and solar power generation plants. The tenants of the REIT include international companies such as Google, Amazon, Nvidia, among others. The portfolio operates under a lease strategy which emphasizes tenant retention, built-to-suit office space, and expansion within existing business parks. Bagmane Prime Office REIT is backed by the Bagmane Group, which is a Grade A+ office developer and owner in Bengaluru. It has a large project pipeline across many Indian cities.

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Bagmane Prime Office REIT IPO - Issue Objectives

Net IPO proceeds of ₹1,420 crore to part-fund BDPL’s Luxor @ Bagmane Tech Park acquisition ₹820 cr to part-fund BDPL’s 93% stake buy in BRPL, boosting ownership & control of assets Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Funds for acquisition

59.4%

Equity stake acquisition

34.3%

General corporate purposes

6.2%

1

Funds for acquisition

Net IPO proceeds of ₹1,420 crore to part-fund BDPL’s Luxor @ Bagmane Tech Park acquisition

59.40%
2

Equity stake acquisition

₹820 cr to part-fund BDPL’s 93% stake buy in BRPL, boosting ownership & control of assets

34.30%
3

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

6.20%

IPO Subscription Status

Financials of Bagmane Prime Office REIT

In Cr.

About Strength & Risks

Contact Details

Bagmane Prime Office REIT

5th Floor, 'B' Block, Laurel Building, C.V. Raman Nagar, Bagmane Tech Park, Bengaluru, Karnataka - 560093.

Bagmane Prime Office REIT IPO - FAQs

Bagmane Prime Office REIT IPO is a Mainboard IPO. The issue is priced at 95-₹100. The minimum order quantity is 150 Shares. The IPO opens on 5 May, and closes on 7 May. TBA is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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