Bajaj Housing Finance IPO a big IPO total size is 93.71 Crores Equity shares value ₹6,560.00 Crores. Fresh issue 508,571,429 Equity Shares Valued at ₹3,560.00 Crores and offer for sale ( OFS ) is 428,571,429 Equity Shares Valued at ₹3,000.00 Crores.
This IPO opened for bidding on September 9, 2024, Monday, closed on September 11, 2024, Wednesday and the IPO list NSE and BSE both stock exchanges on September 16, 2024, Monday. The company-set IPO price range is ₹66 to ₹70 rupees per equity share, face value of Rs 10. One lot 214 Equity Shares. Retail investor’s minimum investment required for applying this IPO is 1 lot ₹14,980 rupees and retail investors’ maximum invest 13 Lots of 2,782 equity Shares ₹194,740 rupees.
508,571,429 Equity Shares Valued at ₹3,560.00 Crores
Offer For Sale ( OFS )
428,571,429 Equity Shares Valued at ₹3,000.00 Crores
Total Issue Size
93.71 Crores Equity shares value (₹6,560.00 Crores)
Face Value
₹10
One Lot Size
214 Equity Shares
Price Range
₹66/- to ₹70/- per share
Listing Platform
NSE & BSE
Book Running Lead Manager
Kotak Mahindra Capital Company Limited, Axis Capital Limited, BofA Securities India Limited, Goldman Sachs (India) Securities PVT. Ltd, SBI Capital Markets Limited, JM Financial Limited, IIFL Securities Limited
Bajaj Housing Finance IPO today GMP rate is ₹50. The company declared that apply IPO price range is ₹66 to ₹70 rupees per share. So Bajaj Housing Finance’s current rate trade on the grey market 71% premium on the issue price. For the latest update on Bajaj Housing Finance IPO GMP Check here.
Bajaj Housing Finance IPO Chairman & MD LIVE Commentary Video
Bajaj Housing Finance Business Details
Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since September 24, 2015. The company is part of the Bajaj group. As of June 30, 2024, it had 323,881 active customers, 83.2% of whom were home loan customers. The company operates a network of 215 branches across 174 locations in 20 states and three union territories in India. This company has maintained a low Gross Non-Performing Assets (GNPA) ratio of 0.28% and a Net Non-Performing Assets (NNPA) ratio of 0.11% as of June 30, 2024.
Bajaj Housing Finance offers financial solutions for individuals and corporate entities to purchase and renovate homes and commercial property. This company mainly offer 1> home loans 2> lease rental discounting,3> loans against property (LAP) and 4> developer financing etc.
Bajaj Housing Finance Financial Performance
Particulars
30 June 2024
31 March, 2024
31 March, 2023
31 March 2022
Sales/Revenue
2,208.73
7,617.71
5,665.44
3,767.13
Total Expenses
1,578.85
5,456.39
3,965.38
2,807.27
Net Profit After Tax
482.61
1,731.22
1,257.8
709.62
Net Worth
14,719.91
12,233.5
10,503.19
6,741.36
Cash & Cash Equivalents
56.72
63.86
93.88
407.03
Total Assets
88,538.83
81,827.09
64,654.14
48,527.08
Reserves and Surplus
4,252.83
5,520.81
3,791.03
1,858.03
Total Borrowing
73,347.06
69,129.32
53,745.39
41,492.32
Equity Share capital
7819.58
6712.16
6712.16
4883.33
Basic EPS in Rupees ₹
₹0.6
₹2.6
₹1.9
₹1.5
All Value In INR ( Crores )
Bajaj Housing Finance Board of Directors & Promoters
Bajaj Finance and Bajaj Finserv are promoters of Bajaj Housing Finance Limited.
Name
Designation
Sanjivnayan Bajaj
Chairman and Non-Executive Director
Rajeev Jain
Vice Chairman and Non-Executive Director
Anami Narayan Roy
Independent Director
Dr. Arindam Kumar Bhattacharya
Independent Director
Jasmine Arish Chaney
Independent Director
Sriram Madakasira Narasimha Swamy
Independent Director
Atul Jain
Managing Director
Check IPO Allotment Status From Issue Registrar
Registrar
KFin Technologies Limited
Address:
Selenium Tower B, Plot No. 31 and 32, Financial District, Nanakramguda, Serilingampally Hyderabad-500 032, Telangana, India
