Bajaj Housing Finance Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

09 Sep 2024

Close Date

11 Sep 2024

Allotment

12 Sep 2024

Listing Date

16 Sep 2024

Exchange

NSE & BSE

Price Band

₹70

Listing Price

See chart

Allotment Status

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Price Band

₹70

Per share

Face Value

₹10 per share

Lot Size

214 Shares

per lot

Issue Size

93,71,42,856 shares (aggregating up to ₹6,560.00 Cr)

Total offering

Issue Type

Bookbuilding IPO

Min Investment

₹14,980

1 lot

Pre-IPO Holding

7,81,95,75,273 shares

Promoters

Post-IPO Holding

8,32,81,46,702 shares

Promoters

P/E (Pre)

31.62x

P/E (Post)

30.2x

EPS (Pre)

₹2.21

EPS (Post)

₹2.32

UPI Deadline

2024-09-11

Mandate

Anchor AllotmentFri, 06 Sep 2024

Basis of AllotmentThu, 12 Sep 2024

Refund InitiationFri, 13 Sep 2024

Demat CreditFri, 13 Sep 2024

Listing DayMon, 16 Sep 2024

UPI Mandate Deadline2024-09-11

Sale TypeFresh Capital-cum-Offer for Sale

Fresh Issue Shares50,85,71,428 shares (aggregating up to ₹3,560.00 Cr)

Offer for Sale42,85,71,428 shares of ₹10 (aggregating up to ₹3,000.00 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Bajaj Housing Finance Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 11 Sep 2024.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	937,142,856	100%	₹6,560.00

IPO Shares Offered

Bajaj Housing Finance Ltd. IPO total issue size: ₹6,560.00 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Total	937,142,856	₹6,560.00	100.00%

* Based on upper price band ₹70 per share

Lot Size & Investment

Lot Size

214

Shares per Lot

Issue Price

₹70.00

Upper Band

Min Investment

₹14,980

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	428	₹29,960
Retail (Max — 13 Lots)	13	2,782	₹194,740
S-HNI (Min — 14 Lots)	14	2,996	₹209,720
B-HNI (Min — 68 Lots)	68	14,552	₹1,018,640

* Issue Price ₹70 × Lot Size 214 shares

IPO Schedule

Anchor

06 Sep 2024

✓ Done

IPO Open

09 Sep 2024

✓ Done

IPO Close

11 Sep 2024

✓ Done

Allotment

12 Sep 2024

✓ Done

Refunds

13 Sep 2024

✓ Done

Demat Credit

13 Sep 2024

✓ Done

Listing Day

16 Sep 2024

✓ Done

₹70.00

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Issue ₹70.00 Live Price

About Bajaj Housing Finance Ltd.

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.

Objects of the Issue

Augment capital base to meet future business requirements of the company towards onward lending.

Bajaj Housing Finance Ltd. Financials (Amount in Crore)

Revenue from Operations

₹5,665.4

31 Mar 2023

₹7,617.7

31 Mar 2024

₹2,208.7

30 Jun 2024

Profit After Tax (PAT)

₹1,257.8

31 Mar 2023

₹1,731.2

31 Mar 2024

₹482.6

30 Jun 2024

Particulars	30 Jun 2024	31 Mar 2024	31 Mar 2023
Revenue from Operations	2208.73	7617.71	5665.44
EBITDA	N/A	N/A	N/A
Profit After Tax (PAT)	482.61	1731.22	1257.80
Net Worth	14719.91	12233.50	10503.19
Total Assets	88538.83	81827.09	64654.14
Reserves & Surplus	4252.83	5520.81	3791.03
Borrowings	73347.06	69129.32	53745.39
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

P/BV Ratio

3.72

RoNW

3.6%

Debt/Equity

5.70

Issue Structure & Shareholding

Total Shares Offered93,71,42,856 (100.00%)

Net Offer to PublicN/A

Reserved for Market MakerN/A

Pre-Issue Promoter Holding7,81,95,75,273 shares

Post-Issue Promoter Holding8,32,81,46,702 shares

P/BV Ratio3.72

RoEN/A

RoCEN/A

Debt / Equity5.70

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

Kfin Technologies Ltd.

04067162222, 04079611000

bhfl.ipo@kfintech.com

https://ipostatus.kfintech.com/

Check Allotment

Book Running Lead Managers

Kotak Mahindra Capital Co.Ltd.

BOFA Securities India Ltd.

Axis Capital Ltd.

Goldman Sachs (India) Securities Pvt.Ltd.

SBI Capital Markets Ltd.

JM Financial Ltd.

IIFL Capital Services Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Bajaj Housing Finance Ltd. IPO subscribed? ▲

Bajaj Housing Finance Ltd. IPO is subscribed 1.00 times by Sep 11, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Bajaj Housing Finance Ltd. IPO retail subscription status? ▼

The Bajaj Housing Finance Ltd. IPO retail category is subscribed 1.00 times as of 11 Sep 2024. The retail portion is oversubscribed.

How to subscribe Bajaj Housing Finance Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 09 Sep 2024 and closes 11 Sep 2024. Min investment: ₹14,980 (1 lot = 214 shares). UPI mandate: 2024-09-11.

How many times Bajaj Housing Finance Ltd. IPO subscribed? ▼

The Bajaj Housing Finance Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Bajaj Housing Finance Ltd. IPO allotment? ▼

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 12 Sep 2024. Refunds: on 13 Sep 2024.

When Bajaj Housing Finance Ltd. IPO will be listed? ▼

The Bajaj Housing Finance Ltd. IPO listing date is 16 Sep 2024, Monday. Listed on: NSE & BSE. Issue price: ₹70. Estimated listing: ₹70. GMP: NIL.

When Bajaj Housing Finance Ltd. IPO close? ▼

The Bajaj Housing Finance Ltd. IPO closes on 11 Sep 2024, Wednesday. UPI mandate: 2024-09-11. Allotment: 12 Sep 2024. Listing: 16 Sep 2024.

Quick Actions

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Live Price LIVE

Last Price₹70.00

Change—

Issue Price₹70.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹70

Face Value₹10

Lot Size214 Sh

Min. Amount₹14,980

GMPNIL

Est. Listing₹70

Subscribed1.00x

Open Date09 Sep 2024

Close Date11 Sep 2024

Allotment12 Sep 2024

Listing Date16 Sep 2024

ExchangeNSE & BSE

UPI Deadline2024-09-11