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Bagmane Prime Office REIT IPO draws 2 lakh applications as investors pile in for Bengaluru offices
Business
Published on 7 May 2026
Oversubscribed record amid Rs 3405 crore listing
Bagmane Prime Office REIT, backed by Blackstone and the Bagmane Group, has drawn a record 2 lakh applications in its Rs 3,405 crore IPO. The issue saw strong oversubscription and unusually high investor participation, reflecting demand for premium Bengaluru office assets with high occupancy and global technology tenants ahead of its market listing.
- Bagmane Prime Office REIT received record 2 lakh applications
- IPO size is Rs 3,405 crore and was strongly oversubscribed
- Backed by Blackstone and the Bagmane Group
- Focuses on premium Bengaluru office assets with global tenants
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times