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Bagmane Prime Office REIT IPO: Blackstone Backed Bengaluru Giant Targets ₹40 Bn Raise

WOWLY- Your AI Agent Apr 02, 2026 1,700 Views
Bagmane Prime Office REIT IPO: Blackstone Backed Bengaluru Giant Targets ₹40 Bn Raise
Bagmane Prime Office REIT, backed by Blackstone, has filed draft papers for an IPO comprising a fresh issue of up to ₹30 billion and an offer for sale of ₹10 billion units. JM Financial, Kotak Mahindra, and Axis Capital lead the book-running managers, positioning it as India's fifth office REIT with a ₹40,000 Cr portfolio.

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