Bajaj Housing Finance Limited
Bajaj Housing Finance IPO is a book built issue of ₹6560.00 Cr (65,60,00,00,060). The issue is a combination of fresh issue of 50.86 Cr (50,85,71,429) shares aggregating to ₹3560.00 Cr (35,60,00,00,030) and offer for sale of 42.86 Cr (42,85,71,429) shares aggregating to ₹3000.00 Cr (30,00,00,00,030).
Bajaj Housing Finance IPO bidding started from Sep 09, 2024 and ended on Sep 11, 2024. The allotment for Bajaj Housing Finance IPO was finalized on Sep 12, 2024. The shares got listed on BSE on Sep 16, 2024.
Bajaj Housing Finance IPO price band is set at ₹66 to ₹70 per share. The minimum lot size for an application is 214 Shares. The minimum amount of investment required by retail investors is ₹14,124.
Refer to Bajaj Housing Finance IPO RHP for detailed information.
IPO date
Sep 09,2024 - Sep 11,2024
Listing Date
Sep 16,2024
Face value
₹10
Price Band
₹66 to ₹70 per share
Lot
₹214 Shares
Total Issue Size
93.71 Cr (93,71,42,858)
aggregating up to ₹6560.00 Cr (65,60,00,00,060)
Fresh Issue
50.86 Cr (50,85,71,429)
aggregating up to ₹3560.00 Cr (35,60,00,00,030)
Offer for sale
42.86 Cr (42,85,71,429)
aggregating up to ₹3000.00 Cr (30,00,00,00,030)
Issue Type
Book Building
IPO Type
Listing At
BSE
Mon, Sep 09, 2024
IPO Open
Wed, Sep 11, 2024
IPO Close
Thu, Sep 12, 2024
Basis of Allotment
Fri, Sep 13, 2024
Initiation of Refunds
Fri, Sep 13, 2024
Credit of Shares to Demat
Mon, Sep 16, 2024
Listing
Bajaj Housing Finance IPO last GMP is ₹77, last updated Sep 15,2024. With the price band of 70.00, Bajaj Housing Finance IPO's estimated listing price is ₹147 (cap price + today's GMP).The expected percentage gain/loss per share is 110.00%.
Date | IPO Price | GMP | Estimated Listing Price | Last Updated |
---|---|---|---|---|
15-Sep-24 | 70.00 | 77 | 147(110.00%) | 15-Sep-2024 15:23 |
14-Sep-24 | 70.00 | 84 | 154(120.00%) | 14-Sep-2024 23:26 |
13-Sep-24 | 70.00 | 78.50 | 148.5(112.14%) | 13-Sep-2024 23:32 |
12-Sep-24 | 70.00 | 78 | 148(111.43%) | 12-Sep-2024 23:32 |
11-Sep-24 | 70.00 | 74 | 144(105.71%) | 11-Sep-2024 23:29 |
10-Sep-24 | 70.00 | 70 | 140(100.00%) | 10-Sep-2024 23:32 |
09-Sep-24 | 70.00 | 64 | 134(91.43%) | 9-Sep-2024 23:28 |
08-Sep-24 | 70.00 | 56.70 | 126.7(81.00%) | 8-Sep-2024 23:27 |
07-Sep-24 | 70.00 | 52 | 122(74.29%) | 7-Sep-2024 23:27 |
06-Sep-24 | 70.00 | 51 | 121(72.86%) | 6-Sep-2024 23:26 |
05-Sep-24 | 70.00 | 53 | 123(75.71%) | 5-Sep-2024 23:32 |
04-Sep-24 | 70.00 | 50 | 120(71.43%) | 4-Sep-2024 23:26 |
03-Sep-24 | 70.00 | 45 | 115(64.29%) | 3-Sep-2024 23:30 |
02-Sep-24 | NA | 55.50 | 55.5(5550.00%) | 2-Sep-2024 23:25 |
01-Sep-24 | NA | 54 | 54(5400.00%) | 1-Sep-2024 23:29 |
31-Aug-24 | NA | 60 | 60(6000.00%) | 31-Aug-2024 23:28 |
30-Aug-24 | NA | 55 | 55(5500.00%) | 30-Aug-2024 23:31 |
29-Aug-24 | NA | 40 | 40(4000.00%) | 29-Aug-2024 23:28 |
28-Aug-24 | NA | 41 | 41(4100.00%) | 28-Aug-2024 23:27 |
27-Aug-24 | NA | 41 | 41(4100.00%) | 27-Aug-2024 23:24 |
26-Aug-24 | NA | 39 | 39(3900.00%) | 26-Aug-2024 23:31 |
25-Aug-24 | NA | 39 | 39(3900.00%) | 25-Aug-2024 23:28 |
24-Aug-24 | NA | 39 | 39(3900.00%) | 24-Aug-2024 23:24 |
23-Aug-24 | NA | 42 | 42(4200.00%) | 23-Aug-2024 23:30 |
22-Aug-24 | NA | 36 | 36(3600.00%) | 22-Aug-2024 23:25 |
Application | Lots | Shares | Amount |
---|---|---|---|
Retail(Min) | 1 | 214 | ₹14,980 |
Retail(Max) | 13 | 2,782 | ₹1.95 Lakh (1,94,740) |
SHNI(Min) | 14 | 2,996 | ₹2.10 Lakh (2,09,720) |
SHNI(Max) | 66 | 14,124 | ₹9.89 Lakh (9,88,680) |
BHNI(Min) | 67 | 14,338 | ₹10.04 Lakh (10,03,660) |
Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015 and has been offering mortgage loans since the financial year 2018.
The company is part of the Bajaj Group, a diversified group of companies with interests in various sectors. Bajaj Housing Finance provides customized financial solutions to individuals and corporates for the purchase and renovation of homes and commercial spaces. The company's mortgage product range is comprehensive and includes (i) home loans, (ii) loan against property (LAP), (iii) rent concessions, and (iv) developer finance.
As of March 31, 2024, the company had 308,693 active customers, of which 81.7% were home loan customers.
The Company has a network of 215 branches in 174 locations across 20 states and three union territories, overseen by six centralized retail loan review centers and seven centralized loan processing centers.
Bajaj Housing Finance Limited
Bajaj Auto Limited Complex,
Mumbai-Pune Road,
Akurdi, Pune - 411035
Phone: +91 20 7187806
Email: [email protected]
Website: https://www.bajajhousingfinance.in/
Bajaj Finance Limited and Bajaj Finserv Limited are the company promoters.