Download the app
← Latest news

Bagmane Prime Office REIT IPO hits 83% subscription on day two with modest GMP buzz

Business
Published on 6 May 2026
Bagmane Prime Office REIT IPO hits 83% subscription on day two with modest GMP buzz

Day two shows strong demand despite modest grey market premium

Bagmane Prime Office REIT IPO has reached 83% subscription by Day 2, supported by steady institutional and investor interest. The offer seeks to raise Rs 3,405 crore and is seeing a modest grey market premium. With assets backed by high occupancy and strong tenant stability, the REIT is positioned to deliver clearer yield visibility for investors tracking the listing prospects.

  • IPO subscription stands at 83% on Day 2
  • The issue plans to raise Rs 3,405 crore
  • Grey market premium remains modest so far
  • High occupancy and strong tenants support yield visibility
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.