Bagmane Prime Office REIT, backed by the Bagmane Group, has filed a draft paper with SEBI to launch an Initial Public Offering (IPO) aiming to raise up to Rs 4,000 crore. The IPO includes a fresh issue of units up to Rs 3,000 crore and an Offer For Sale (OFS) up to Rs 1,000 crore. Proceeds will fund acquisitions of Luxor at Bagmane Capital Tech Park and a stake in Bagmane Rio Business Park. The REIT's portfolio comprises six Grade A business parks with high occupancy and a Gross Asset Value of Rs 38,790 crore.