Bagmane Prime Office REIT IPO subscribed 23.71x, sets India benchmark
NewsBytes | May 8, 2026 12:40 PM CST
Bagmane institutional investors subscribed 25.25x
Institutional investors led the charge, subscribing an impressive 25.25 times, while others weren't far behind at nearly 22 times.
The funds raised from the fresh issue will help Bagmane buy major properties like Luxor at Bagmane Capital Tech Park and part-fund the acquisition of a 93% stake in Bagmane Rio, expanding its already massive portfolio of six top-tier business parks across Bengaluru's prime locations.
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