Status
Listed
Price band
₹66–₹70
Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary
214 shares
Minimum money
₹14,980 for 1 lot
Issue size
₹6,560 crore
Dates
9 Sept 2024 – 11 Sept 2024
Official links
- Prospectus
- Allotment statusAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
How to apply
Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.
Open the guideRelated guides
Bajaj Housing Finance Ltd. IPO is listed. It opens on 9 Sept 2024 and closes on 11 Sept 2024. The price band is ₹66 to ₹70. One lot is 214 shares, and the minimum amount is ₹14,980. The issue size is ₹6,560 crore, with a fresh issue of ₹3,560 crore and an offer for sale of ₹3,000 crore. In FY24, total income was ₹7,617.71 crore and profit after tax was ₹1,731.22 crore. Total income was up 34.5% from ₹5,665.44 crore in FY23. Profit after tax was up 37.6% from ₹1,257.8 crore in FY23.
The total subscription for Bajaj Housing Finance Ltd. is 67.43 times.
Bajaj Housing Finance Ltd. listed at ₹150.
Bajaj Housing Finance is the housing finance arm of Bajaj Finance. It offers home loans and loans against property.
Dates
Opens
9 Sept 2024
Closes
11 Sept 2024
AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary
12 Sept 2024
Refunds
13 Sept 2024
Demat credit
13 Sept 2024
Listing
16 Sept 2024
Objects of the issue
- Augmenting our capital base to meet future business requirements of the Company towards onward lending
Promoters
Kaushik Sobhagchand Shah, Ketan Sobhagchand Shah and Parth Ashish Mehta
Subscription
Subscribed 67.43x overall. Final, as of 11 Sept 5 pm IST.
Total
67.43x
Issue structure
Fresh issue and offer for sale
How the issue is split. Amounts are in ₹ crore.
| Part | Amount |
|---|---|
| Fresh issue | ₹3,560 crore |
| Offer for sale | ₹3,000 crore |
Reservation
Share kept for each group. The percents are the published figures.
| Part | Amount |
|---|---|
| Retail | 35% |
| Large bids | 15% |
| Big funds | 50% |
Issue
- Face value
- ₹10
- Fresh issue
- ₹3,560 crore
- Offer for saleOFS means offer for sale. Existing owners are selling shares. The company does not get that money.
- ₹3,000 crore
- Exchanges
- BSE, NSE
- Registrar
- Kfin Technologies Ltd.
Reservation
- Retail
- 35%
- Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
- 15%
- Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
- 50%
Financials
₹ crore, for the last three reported years.
Total income and profit
Each chart has its own scale. Amounts are in ₹ crore.
Total income
Profit after tax
| Year | Total income | Profit |
|---|---|---|
| FY22 | ₹3,767.13 crore | ₹709.62 crore |
| FY23 | ₹5,665.44 crore | ₹1,257.8 crore |
| FY24 | ₹7,617.71 crore | ₹1,731.22 crore |
Net worth
₹ crore, for each year that reports net worth.
| Year | Net worth |
|---|---|
| FY22 | ₹6,741.36 crore |
| FY23 | ₹10,503.19 crore |
| FY24 | ₹12,233.5 crore |
| Year | Total income | PAT | Net worth | Assets | Borrowings |
|---|---|---|---|---|---|
| FY22 | 3,767.13 | 709.62 | 6,741.36 | — | — |
| FY23 | 5,665.44 | 1,257.8 | 10,503.19 | — | — |
| FY24 | 7,617.71 | 1,731.22 | 12,233.5 | — | — |
Listing
- Listing price
- ₹150
- Close on listing day
- ₹165
- Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
- 114.29% versus ₹70
Frequently asked questions
When does this issue open?
It opens on 9 Sept 2024 and closes on 11 Sept 2024.
What is the lot size and the minimum amount?
One lot is 214 shares. The minimum amount is ₹14,980 for 1 lot.
When are allotment and listing?
Allotment is on 12 Sept 2024. Listing is on 16 Sept 2024.
What is the price band?
The price band is ₹66 to ₹70.
What is the issue size?
The issue size is ₹6,560 crore.
How many times was it subscribed?
The total subscription is 67.43 times, checked 11 Sept 2024, 5:00 pm IST.
What was the listing gain?
The listing gain against the top of the price band is 114.29%.
This page is a calendar of dates and prices. It is not a recommendation to apply.