IPO

Bajaj Housing Finance Ltd. IPO

Bajaj Housing Finance Ltd., established in 2008, operates in the Finance - Housing sector. The company's IPO opened on September 9, 2024 and closed on September 11, 2024, with an issue price of ₹70. ... Read more

Min Investment
₹ 14,980 / 214 shares
Price Range
₹66 - ₹ 70
Bidding Dates
9 Sep '24 - 11 Sep '24
Total Issue Value
6,851.03 Cr
Lot Size
214
Total Issue Size
6,851.03 Cr
Listing At
BSE, NSE
Subscription
49.97 times
BSE Price
127.45 (82.07%)
NSE Price
127.42 (82.03%)

IPO Timeline

  • 9 Sep 2024
    Bidding Starts
  • 11 Sep 2024
    Bidding Ends
  • 12 Sep 2024
    Allotment Finalization
  • 16 Sep 2024
    Listing

About Bajaj Housing Finance Ltd.

We are a non-deposit taking Housing Finance Company registered with the National Housing Bank since September 24, 2015, offering tailored financial solutions for purchasing and renovating residential and commercial properties. We have also been identified and categorized as an “Upper ... Read more

Parent organisation
Founded
Bajaj Housing Finance Ltd.
2008

Bajaj Housing Finance Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 25,11,42,856 (25.66%)
Employee Reserved 3,03,03,030 (3.1%)
Non Institutional Investors 13,31,81,819 (13.61%)
Qualified Institutional Buyers (QIBs) 17,75,75,756 (18.14%)
Retail Individual Investors (RIIs) 31,07,57,576 (31.75%)
Shareholder Reservation 7,57,57,575 (7.74%)

Bajaj Housing Finance Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 7,617.71 Cr 1,731.22 Cr 5,521.34 Cr
31 Mar 2023 5,665.44 Cr 1,257.80 Cr 3,791.03 Cr
31 Mar 2022 3,767.13 Cr 709.62 Cr 1,858.03 Cr

Bajaj Housing Finance Ltd. Background

Major Events And Milestones
  • 2018
    • Our Company commenced lending operations with a focus on salaried home loans
  • 2019
    • The total value of assets under our management reached ?150,000 million
    • We adopted a hub-based model for underwriting salaried credit
    • We raised ?20,000 million through two rounds of fund-raising by way of rights issue
  • 2020
    • The total value of assets under our management reached ?300,000 million
    • We raised ?15,000 million by way of rights issue
  • 2021
    • We began offering repo rate-linked home loans
    • We began intermediary sourcing for retail products
    • We developed B2C mobility app for digital sourcing
  • 2022
    • The total value of assets under our management reached ?500,000 million
    • We introduced the ‘e-home loan sanction’ functionality
  • 2023
    • We were classified as an “NBFC-Upper Layer” by the RBI
    • We introduced ‘e-agreement’ functionality
  • 2024
    • The total value of assets under our management reached ?910,000 million
    • We launched facility for online onboarding of customers
    • We expanded our operations to focus on self-employed home loans
    • We launched “Sambhav Home Loans” product in the affordable home loan segment.
Bajaj Housing Finance Ltd. Object of Issues

1. Augmenting our capital base to meet future business requirements of our Company towards onward lending

Bajaj Housing Finance Ltd. IPO Listing Details
Listing Date
16 Sep 2024
BSE Script Code
BAJAJHFL
NSE Symbol
BAJAJHFL
ISIN
INE377Y01014
Final Issue Price
₹ 70
Bajaj Housing Finance Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 70.00 ₹ 70.00
Open ₹ 150.00 ₹ 150.00
Low ₹ 147.00 ₹ 146.00
High ₹ 164.99 ₹ 165.00
Last Trade ₹ 164.99 ₹ 165.00
Bajaj Housing Finance Ltd. Company Promoters

1. Bajaj Finserv Limited

Industry Overview

According to the CRISIL MI&A Report (pages 117 and 185 of this Red Herring Prospectus), India has very low penetration in terms of housing finance as compared to other economies which shows a high potential for expansion of Indian housing finance companies. The Indian housing finance market ... Read more

Bajaj Housing Finance Ltd. Contact Details
Address: Bajaj Auto Limited Complex, Mumbai-Pune Road, Akurdi, Pune Maharashtra - 411035
Phone no:71878060
71878060
|
Bajaj Housing Finance Ltd. IPO Registrar
KFin Technologies Ltd.
Karvy Selenium, Tower B, Plot No. 31 & 31, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad, Ranga Reddy District Telangana - 500032
67162222
Bajaj Housing Finance Ltd. IPO Lead Manager(s)
SBI Capital Markets Ltd.
1501, 15th floor, A&B Wing Parinee Crescenzo, G Block, Bandra Kurla Complex, Bandra (East), Mumbai Maharashtra - 400051
40069807

FAQs

When does Bajaj Housing Finance Ltd. IPO opens and closes?

Bajaj Housing Finance Ltd. IPO opens from 9th September to 11th September 2024.

What is the size of Bajaj Housing Finance Ltd. IPO?

The size of the Bajaj Housing Finance Ltd. IPO is ₹6,851.03 Cr.

What is the price range of Bajaj Housing Finance Ltd. IPO?

The price range of Bajaj Housing Finance Ltd. IPO is at ₹66 to ₹70 per share.

What is the minimum investment and lot size required for the Bajaj Housing Finance Ltd. IPO?

The minimum investment required is ₹14,980 and minimum lot size is 214 shares.

When is Bajaj Housing Finance Ltd. IPO listing date?

The Bajaj Housing Finance Ltd. IPO will be listed on 16th September 2024.

What is the objective of Bajaj Housing Finance Ltd. IPO?

1. Augmenting our capital base to meet future business requirements of our Company towards onward lending

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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