Bajaj Housing Finance IPO GMP Today, Bajaj Housing Finance IPO Grey Market Premium Updates |Bajaj Housing Finance IPO, Latest target, Opening gain
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.
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 IPO Details:
| Issuer | Bajaj Housing Finance IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 09 September 2024 | |
| Issue Closes: 11 September 2024 | ||
| Price Brand | ₹66 to ₹70 per share | |
| Issue Size | ₹6,560.00 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 214 Shares | |
| Retail (Max) | ₹194,740 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual Bidders | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 937,142,858 Shares | |
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Bajaj Housing Finance IPO GMP Rates day by day
Bajaj Housing Finance IPO Market Lot:
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 214 | ₹14,980 |
| Retail (Max) | 13 | 2782 | ₹1,94,740 |
| S-HNI (Min) | 14 | 2,996 | ₹2,09,720 |
| S-HNI (Max) | 66 | 14,124 | ₹9,88,680 |
| B-HNI (Min) | 67 | 14,338 | ₹1,003,660 |
Bajaj Housing Finance IPO Date, Allotment & Listing:
| Bajaj Housing Finance IPO Opening Date: | SEPTEMBE9R 9, 2024 |
| Bajaj Housing Finance IPO Closing Date: | SEPTEMBER 11, 2024 |
| Basis of Allotment: | SEPTEMBER 12, 2024 |
| Initiation of Refunds: | SEPTEMBER 13, 2024 |
| Credit to Demat Account: | SEPTEMBER 13, 2024 |
| Listing Date: | SEPTEMBER 16, 2024 |
Bajaj Housing Finance Financial Information (Restated Consolidated)
Bajaj Housing Finance Limited’s revenue increased by 34% and profit after tax (PAT) rose by 38% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | ||||||||||||||||||||||||||||||||||||
| Assets | 88,538.83 | 81,827.09 | 64,654.14 | 48,527.08 | ||||||||||||||||||||||||||||||||||||
| Revenue | 2,208.73 | 7,617.71 | 5,665.44 | 3,767.13 | ||||||||||||||||||||||||||||||||||||
| 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 | ||||||||||||||||||||||||||||||||||||
| 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 | ||||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
The market capitalization of Bajaj Housing Finance IPO is Rs 58297.03 Cr.
KPI as of June 30, 2024.
| KPI | Values |
|---|---|
| Debt/Equity | 5.7 |
| RoNW | 3.6% |
| P/BV | 3.72 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.21 | 2.32 |
| P/E (x) | 31.62 | 30.2 |
Objects of the Issue (Bajaj Housing Finance IPO Objectives)
The company intends to utilize the net proceeds towards the following objective:
Bajaj Housing Finance IPO ALLOTMENT STATUS
How to Apply for Bajaj Housing Finance IPO?
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How to Apply Bajaj Housing Finance IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bajaj Housing Finance”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Bajaj Housing Finance IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bajaj Housing Finances”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date. 
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Frequently Asked Questions
Bajaj Housing Finance IPO is a main-board initial public offering of 937,142,858 Equity shares of the face value of ₹10 aggregating up to ₹6,560.00 Crores. The issue price of the IPO is ₹66 to ₹70 Per Equity Share. The minimum order quantity is 214 Shares per application and the offer type is Book Built Issue. The IPO opens on September 09, 2024 and closes on Sepetmber 11, 2024. Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Bajaj Housing Finance IPO opens on September 09, 2024 and closes on September 11, 2024.
You can apply in Bajaj Housing Finance IPO online using either UPI or ASBA as payment method. 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 Ltd are the book running lead managers of the Bajaj Housing Finance IPO, while Kfin Technologies Limited is the registrar for the issue.
The finalization of Basis of Allotment for Bajaj Housing Finance IPO will be done on September 12, 2024, and the allotted shares will be credited to your demat account by September 13, 2024.
Check the Bajaj Housing Finance IPO allotment status.
The Bajaj Housing Finance IPO listing date is not yet announced. The tentative date of Bajaj Housing Finance IPO listing is September 16, 2024.
Bajaj Housing Finance IPO lot size is 214 Shares and the minimum order quantity is 1 Shares.