Bagmane REIT IPO oversubscribed by at least 2x within 10 days

The IPO will attract strong demand from institutional investors, particularly real estate and infrastructure-focused mutual funds, due to Bagmane's established portfolio of office spaces in Bengaluru. The oversubscription will exceed 200% as domestic investors seek yield alternatives in a low-interest-rate environment.

Implied probability (Yes)

70%