Bagmane REIT IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
| Metric | 2023 | 2024 | 2025 | Dec 2025 |
|---|---|---|---|---|
| Revenue | 2,002.52 | 2,237.33 | 2,390.88 | 1,959.79 |
| Expense | 859.78 | 1,011.80 | 1,047.06 | 717.21 |
| Profit (PAT) | 758.70 | 809.36 | 897.10 | 829.02 |
| Total Assets | 6,296.89 | 6,816.04 | 7,238.48 | 7,674.82 |
Promoters: To be updated soon
Strengths & Risks
- Heavily oversubscribed — 25.0x overall (so far).
- Strong institutional (QIB) demand — 26.6x.
- Solid profit margin — 37.5%.
- Mostly fresh capital — proceeds fund the company's growth, not an exit.
Our metrics didn't flag a major concern for Bagmane REIT from the disclosed data — but this isn't a clean bill of health. Read the risk-factors section of the RHP, which lists company-specific risks our data can't capture.
Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.
Company Information
Bagmane Prime Office REIT is one of the growing Commercial real estate investment trusts, with 30 years of experience in managing and developing large-format Grade A office assets. This Bengaluru-based company owns and manages large Grade A commercial buildings, located mainly in important areas of the city, and earns money by renting out to big international companies. Bagmane Prime Office REIT has a total leasable area of 19.6 million sq. ft. across 6 business parks, with 98.8% committed occupancy and over 60 tenants. The company manages various types of properties, such as under-construction developments, future development projects, hotels, and solar power projects. So far, its properties are leased to big global companies like Google, Amazon, Nvidia, and other multinational companies.
| Purpose | Amount (Cr) |
|---|---|
| Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park | 1,77,50,00,000.00 |
| Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL | 1,02,50,00,000.00 |
| General purposes | - |
Resources & Documents
Bagmane Prime Office REIT, 5th Floor, ‘B’ Block,, Laurel Building, C.V. Raman Nagar,, Bagmane Tech Park,, Bengaluru, Karnataka, 560093
Bagmane REIT has set a price band of Rs 95–Rs 100 per share for an issue size of Rs 3,405 crore. The stock listed with a 3.50% gain versus its issue price on May 15, 2026.
Bagmane Prime Office REIT is one of the growing Commercial real estate investment trusts, with 30 years of experience in managing and developing large-format Grade A office assets. This Bengaluru-based company owns and manages large Grade A commercial buildings, located mainly in important areas of the city, and earns money by renting out to big international companies.
The issue is promoted by To be updated soon with JM Financial Ltd., Kotak Mahindra Capital Co.Ltd., Axis Capital Ltd., IIFL Capital Services Ltd., SBI Capital Markets Ltd., 360 One WAM Ltd., HDFC Bank Ltd. acting as lead manager. Net proceeds will primarily be used towards Acquisition by BDPL of Luxor @ Bagmane Capital Tech Park (Rs 1,77,50,00,000 crore) and Part funding of acquisition by BDPL of 93.00% of the issued and paid-up equity share capital of BRPL (Rs 1,02,50,00,000 crore).
Grey market is quoting a premium of +Rs 5 (+5.0% over issue price), up Rs 1 from the previous session. Final subscription data records overall subscription at 24.96x, QIB at 26.58x, NII at 23.02x.
On fundamentals, the company is posting revenue growth of 6.9%, a profit margin of 37.5% in its most recent reported period.
Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Bagmane REIT IPO GMP — What It Means
The latest grey market premium for Bagmane REIT IPO is ₹5 (+5.0%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Bagmane REIT it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.
See the full Bagmane REIT GMP history and trend, or learn how grey market premium works and how reliable it is.
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