Bagmane Prime Office REIT IPO Update: Allotment Date Announced, Status Check Process Revealed

Bagmane Prime Office REIT IPO Allotment Finalized on May 12

The allotment status for the Bagmane Prime Office REIT Initial Public Offering (IPO) has been finalized on Tuesday, May 12. Investors who applied for the Bagmane Prime Office REIT IPO can check their allotment status on the registrar's portal, Kfin Technologies Ltd.

The grey market premium (GMP) for the Bagmane Prime Office REIT IPO is currently at +4.3. Considering the upper end of the price band and the current premium in the grey market, the estimated listing price of the Bagmane Prime Office REIT share price is ₹104.3 apiece, which is 4.30% higher than the IPO price of ₹100. The GMP has been showing an upward trend in the last 15 sessions of grey-market activity, with a minimum of ₹0.00 and a maximum of ₹5.

Investors can check their share allocations and corresponding quantities by reviewing the allocation guidelines. The total number of shares made available is a key factor in assessing the IPO allotment status. For applicants who were not allotted any shares, the company will initiate the refund procedure. Shares that have been successfully allocated will be credited to the person's demat account.

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The refund procedure for individuals who were not allocated shares will begin on Wednesday, May 13. Individuals who were allocated shares will receive them in their demat accounts on the same day. The Bagmane Prime Office REIT IPO listing date is scheduled for Friday, May 15.

Bagmane Prime Office REIT IPO Subscription Status

The IPO subscription status for Bagmane Prime Office REIT was 23.71 times on the final day of bidding on Thursday, May 7, driven by strong investor interest. The IPO, valued at ₹3,405 crore, attracted bids totaling 3,50,77,38,150 units against the 14,79,21,000 units on offer, according to NSE data.

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The offering received over 2 lakh applications, exceeding the total applications for all previous REITs, including Knowledge Realty Trust, Nexus Select Trust, Mindspace Business Parks REIT, Brookfield India REIT, and Embassy Office Parks REIT.

How to Check Bagmane Prime Office REIT IPO Allotment Status

To check the allotment status on the registrar's portal:

1. Visit the Kfin Technologies Ltd website: https://ipostatus.kfintech.com/
2. Select "Bagmane Prime Office REIT IPO" from the dropdown menu titled "Select IPO"
3. Input your PAN, demat account number, or application number
4. Submit the required information

To check the allotment status on BSE:

1. Visit the allotment section on the official BSE site at https://www.bseindia.com/investors/appli_check.aspx
2. Select 'Equity' from the options listed under 'Issue Type'
3. Select the 'Issue Name' from the dropdown list and indicate the specific IPO
4. Enter your application number or PAN

To check the allotment status on NSE:

1. Visit the official NSE website at https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp
2. Sign up using your PAN by clicking on the 'Click here to sign up' link found on the NSE website
3. Input your username, password, and the captcha verification code
4. Check the status of your IPO allocation on the following page