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Bajaj Housing Finance IPO is a book built issue of Rs 7,000.00 crores. The issue is a combination of fresh issue of Rs 4,000.00 crores and offer for sale of Rs 3,000.00 crores.
Bajaj Housing Finance IPO dates are yet to be announced.
Bajaj Housing Finance IPO price bands are yet to be announced.
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.
Refer to Bajaj Housing Finance IPO DRHP for detailed information.
| IPO Date | to |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price | [.] to [.] per share |
| Lot Size | |
| Total Issue Size | [.] shares (aggregating up to ₹7,000.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹4,000.00 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹3,000.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 7,819,575,273 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the Net offer |
| Retail Shares Offered | Not less than 35.00% of the Offer |
| NII (HNI) Shares Offered | Not less than 15.00% of the Offer |
| Share Holding Pre Issue | 100.00% |
| Share Holding Post Issue |
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.
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 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |||||||||||||||||||||||||||
| Assets | 81,827.09 | 64,654.14 | 48,527.08 | |||||||||||||||||||||||||||
| Revenue | 7,617.71 | 5,665.44 | 3,767.13 | |||||||||||||||||||||||||||
| Profit After Tax | 1,731.22 | 1,257.8 | 709.62 | |||||||||||||||||||||||||||
| Net Worth | 12,233.5 | 10,503.19 | 6,741.36 | |||||||||||||||||||||||||||
| Reserves and Surplus | 5,520.81 | 3,791.03 | 1,858.03 | |||||||||||||||||||||||||||
| Total Borrowing | 69,129.32 | 53,745.39 | 41,492.32 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
The company intends to utilize the net proceeds towards the following objective:
Bajaj Housing Finance Limited
Bajaj Auto Limited Complex,
Mumbai-Pune Road,
Akurdi, Pune - 411035
Phone: +91 20 7187806
Email: bhflinvestor.service@bajajfinserv.in
Website: https://www.bajajhousingfinance.in/
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bhfl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Lead Manager Reports
Bajaj Housing Finance IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹7,000.00 Crores. The issue is priced at [.] to [.] per share. The minimum order quantity is .
The Bajaj Housing Finance IPO open and close dates are not available as of now.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Bajaj Housing Finance IPO using UPI as a payment gateway. Zerodha customers can apply in Bajaj Housing Finance IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Bajaj Housing Finance IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Bajaj Housing Finance IPO dates are not announced. Please check back again after some time.
Bajaj Housing Finance IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Bajaj Housing Finance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Bajaj Housing Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bajaj Housing Finance IPO allotment status.
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