
Bagmane Prime Office REIT
Open Date
May 5, 2026
Close Date
May 7, 2026
Min Investment
₹15,000
Lot Size
150 Shares
Issue Size
₹3405 Cr
Price Range
₹95 - ₹95
Listing Date
May 14, 2026
IPO Doc
RHP PDFAbout 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%
Funds for acquisition
Net IPO proceeds of ₹1,420 crore to part-fund BDPL’s Luxor @ Bagmane Tech Park acquisition
Equity stake acquisition
₹820 cr to part-fund BDPL’s 93% stake buy in BRPL, boosting ownership & control of assets
General corporate purposes
Part of the IPO proceeds will be used for general corporate purposes and issue expenses
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
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