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Bagmane Prime REIT IPO Sees Strong Day 1 Demand

Bagmane Prime Office REIT IPO Opens, Sees Warm Early Feedback

Bengaluru-based Bagmane Prime Workplace REIT launched its 3, 405 crore IPO today, May 5, using financiers a risk in its premium workplace profile. The IPO, priced in between 95 -100 per share, closes Thursday, May 7, and shares are slated to note on May 15

Trick realities:

  • Deal: Fresh concern of 2, 390 crore, offer for sale of 1, 015 crore.
  • Use of Funds: Procurement and general business objectives.
  • Registration: As of 2 15 PM, the IPO was only 8 % subscribed.
  • GMP: Grey market premium at 4 25, recommending a potential 4 25 % listing gain.

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