IPO Listed — 15 May 2026
Listing Price: ₹103.50
Bagmane Prime Office REIT IPO GMP History | Listing Price ₹103.50 & Kostak Rate
Bagmane Prime Office REIT IPO has been listed on May 15, 2026 at a listing price of ₹103.50, against the issue price of ₹100 — a gain of ₹3.5 (+3.5%). The GMP peaked at ₹4.9 on 8 May 2026 and reached a low of ₹4 on 14 May 2026. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Bagmane Prime Office REIT IPO raised ₹3405 Cr. through its IPO at a price band of ₹95 to ₹100 per share, with a lot size of TBA shares. The IPO was open for subscription from 05 May 2026 to 07 May 2026.
GMP Trend Chart
Day-wise GMP Trend
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 May 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 | |
| 13 May 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 | |
| 12 May 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 | |
| 11 May 2026 | ₹ 4.3 | 4% | ₹ 0 | ₹ 0 | |
| 10 May 2026 | ₹ 4.3 | 4% | ₹ 0 | ₹ 0 | |
| 09 May 2026 | ₹ 4.3 | 4% | ₹ 0 | ₹ 0 | |
| 08 May 2026 | ₹ 4.9 | 5% | ₹ 0 | ₹ 0 | |
| 07 May 2026 | ₹ 4.6 | 5% | ₹ 0 | ₹ 0 | |
| 06 May 2026 | ₹ 4.2 | 4% | ₹ 0 | ₹ 0 | |
| 05 May 2026 | ₹ 4.25 | 4% | ₹ 0 | ₹ 0 | |
| 04 May 2026 | ₹ 4.25 | 4% | ₹ 0 | ₹ 0 | |
| 03 May 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 | |
| 02 May 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 | |
| 01 May 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 | |
| 30 Apr 2026 | ₹ 4.5 | 5% | ₹ 0 | ₹ 0 | |
| 29 Apr 2026 | ₹ 4 | 4% | ₹ 0 | ₹ 0 |
Bagmane Prime Office REIT IPO Dates
| Event | Date |
|---|---|
| Open Date | 05 May, 2026 |
| Close Date | 07 May, 2026 |
| Allotment Date | 12 May, 2026 |
| Refund Date | 13 Jun, 2026 |
| Credit to Demat | 13 May, 2026 |
| Listing Date | 15 May, 2026 |
Bagmane Prime Office REIT IPO Actual Listing Price
| Basis | Value |
|---|---|
| Issue Price | ₹100 |
| GMP-Based Estimate (Pre-Listing) | ₹104 (+4%) |
| Actual Listing Price | ₹103.50 (+3.5%) |
| Listing Gain / Loss | +₹3.5 per share |
| Listing Date | 15 May, 2026 |
Is Bagmane Prime Office REIT IPO GMP Reliable?
Grey market premium for Bagmane Prime Office REIT IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- Cross-check before acting: Review the Bagmane Prime Office REIT IPO full review for a fundamentals-based assessment before making any grey market trades.
Bagmane Prime Office REIT IPO IPO Kostak Rate Explained
The Kostak rate for Bagmane Prime Office REIT IPO was not active during the subscription period, as no grey market premium was established. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not active for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Bagmane Prime Office REIT IPO
The REIT’s business model focuses on owning and leasing premium office spaces to multinational corporations and global capability centres, generating stable rental income and periodic distributions to unitholders. The portfolio comprises around 20 million sq. ft. of Grade A+ office space with high committed occupancy, along with supporting assets such as hotels under development and solar power projects for diversification. The tenant base is largely global technology and multinational companies, providing long-term lease visibility and steady cash flows.
Strengths & Risks
Strengths
- ✓ Micro-market dominance in Bengaluru's hottest corridors
- ✓ Blackstone backing + marquee global tenant base
- ✓ Strong financials with consistent profit growth
- ✓ Large pipeline of future development assets
- ✓ 43% of your portfolio is purpose-built for the occupant
Risks
- ⚠ Extreme geographic concentration — single city, two corridors
- ⚠ 58% of growth depends on buildings not yet built — high execution risk
- ⚠ Overdependence on foreign multinationals (GCC tenants)
- ⚠ Limited yield upside at current pricing
Frequently Asked Questions about Bagmane Prime Office REIT IPO
What is the GMP of Bagmane Prime Office REIT IPO?
The current Grey Market Premium (GMP) of Bagmane Prime Office REIT IPO is ₹ 4.
What is the Kostak Price of Bagmane Prime Office REIT IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Bagmane Prime Office REIT IPO is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What is the Subject to Sauda Price of Bagmane Prime Office REIT IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is : Retail: ₹ 0, SHNI: ₹ 0, BHNI: ₹ 0.
What was the actual listing price of Bagmane Prime Office REIT IPO?
Bagmane Prime Office REIT IPO listed on May 15, 2026 at ₹103.50, against the issue price of ₹100 — a gain of +3.5%.
How did the GMP of Bagmane Prime Office REIT IPO trend before listing?
The GMP of Bagmane Prime Office REIT IPO was stable in its final days before listing. The GMP peaked at ₹4.9 on 8 May 2026. View the day-wise table above for the complete GMP history.
Explore Bagmane Prime Office REIT IPO Further
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