🔷Bajaj Housing Finance Limited (Official Confirmation Is Out)
▶️The company is planning to file a draft prospectus for the IPO in June and, subsequently, start marketing activities and roadshow preparation in August, the people said on the condition of anonymity.
▶️And One More Meeting on 7th June To Consider OFS Participation
▶️Expected IPO Size : 6.5k-10k cr at A Valuation of $8-10 bn
▶️For the quarter ended March 31, 2024, Bajaj Housing Finance's AUM was up 32% year-on-year to Rs 91,370 crore. Net interest income, or core income, grew 11% year-on-year to Rs 629 crore and net total income rose 14% year-on-year to Rs 717 crore.
▶️The company's PAT grew 26% year-on-year to Rs 381 crore. Its overall approvals increased 19% year-on-year to Rs 19,417 crore, and disbursements grew 26% to Rs 11,393 crore on a yearly basis.
Source: Unable to update letter published for same (might be restricted by CG to upload).