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Bagmane REIT IPO

Mainline5 May 20267 May 2026
Open
5 May 2026
Close
7 May 2026
3
Allotment
Listing
Thu, May 14, 2026
Price Band
₹95.00 to ₹100.00
Issue Size
34,05,00,000 shares (agg. up to ₹3,405 Cr)
Listing Date
Thu, May 14, 2026
Latest GMP
₹4
Est. Gain
4%
✦ AI Insight

GMP Trend

14-05-20264Est. ₹104+4%
13-05-20264Est. ₹104+4%
12-05-20263.5Est. ₹103.5+3.5%

Live Subscription

CategorySubscription (times)
Total10.64x

Restated Financials (₹ Cr.)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets7,674.827,238.486,816.046,296.89
Total Income1,959.792,390.882,237.332,002.52
Profit After Tax829.02897.10809.36758.70
Reserves and Surplus2,677.351,579.711,224.271,288.74
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Property Share Investment Trust-Propshare CelestiaMainboard₹244.65 Cr₹1050000null₹10,35,000.00-1.43%₹10,09,000.00 (+0.00%)
Knowledge Realty TrustMainboard₹4,800.00 Cr₹100null₹106.24+6.24%₹114.97 (-0.35%)
Property Share Investment Trust-PropShare TitaniaMainboard₹472.97 Cr₹1060000null₹10,61,100.00+0.10%₹10,90,000.00 (+0.00%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park1,420.00
2Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL820.00
3General purposes71.70
4Issue Expenses100.10
Total2,411.80

About Bagmane REIT

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 c

Contact Details

Bagmane Prime Office REIT Address5th Floor, ‘B’ Block,Laurel Building, C.V. Raman Nagar,Bagmane Tech Park,Bengaluru, Karnataka, 560093+91 80 4032 9901reitcompliance@bagmanereit.comVisit Website