Bagmane REIT opens today for public subscription at ₹95 to ₹100 price band
Bagmane REIT is opening for public subscription at ₹95 to ₹100 per unit, aiming to raise ₹2,390 crore through fresh units and ₹1,015 crore via offer-for-sale. The REIT has a portfolio of six grade A+ business parks in Bengaluru with 98.8% committed occupancy as of December 2025.
Bagmane REIT is opening for public subscription at a price band of ₹95 to ₹100. The REIT aims to raise ₹2,390 crore by issuing fresh units and ₹1,015 crore through offer-for-sale by selling unitholder Blackstone. The proceeds from the fresh issue will be used to fund acquisitions and strengthen the portfolio. Bagmane Prime Office REIT has a portfolio of six grade A+ business parks in Bengaluru, with a total area of 20.3 million square feet and 98.8% committed occupancy as of December 2025. The tenant base includes global technology giants such as Google, Amazon, Nvidia, and Samsung. The REIT has raised ₹1,360 crore from anchor investors, including SBI Pension, SBI Life, and White Oak. Bagmane Prime Office will be the 6th REIT to be listed in India, with Blackstone backing five out of the six REITs.
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