Bajaj Housing Finance IPO subscription starts from Monday, September 9 and ends on Wednesday, September 11, 2024. The IPO is a book built issue of Rs. 6,560 crore. The issue is a combination of fresh issue up to Rs. 3,560 crores and offer for sale of up to 42.86 crore shares aggregating Rs. 3,000 crores.
Bajaj Housing Finance IPO price band sets to Rs. 66 to Rs. 70 per equity share with a face value of Rs. 10 each. The minimum order quantity of the issue is 214 equity shares. The minimum amount required for retail investor is Rs. 14980.
The allotment for the Bajaj Housing Finance is expected to finalized on Thursday, September 12. Bajaj Housing Finance will list on BSE and NSE with tempting date fixed as Monday, September 16, 2024.
Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, SBI Capital Markets Limited, JM Financial Limited and IIFL Securities Limited are book running lead manager of the issue. Axis Bank Limited and HDFC Bank Limited is sponsor bank of the IPO. KFin Technologies Limited is registrar to the issue.
Financials
| Particulars | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Revenue | 76,173.1 | 56,647.3 | 37,667.1 |
| Net Worth | 122,335.0 | 105,031.9 | 67,413.6 |
| Profit | 17,312.2 | 12,578.0 | 7,096.2 |
| Borrowings | 691,293.2 | 537,453.9 | 414,923.2 |
About Bajaj Housing Finance (https://www.bajajhousingfinance.in/)
Classified as an ‘Upper-Layer NBFC’ by the RBI pursuant to Scale Based Regulations, Bajaj Housing Finance Limited (BHFL) is a 100% subsidiary of Bajaj Finance Limited — one of the most diversified NBFCs in the Indian market, catering to more than 88.11 million customers across the country.
Headquartered in Pune, BHFL offers finance to individuals as well as corporate entities for the purchase and renovation of homes, or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes.
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