Recently Viewed
Clear AllBidding Date
09-Sep-2024 to
11-Sep-2024
Issue Size
₹6560 Cr
Price Band
₹66 to ₹70
Allotment date
12-Sep-2024
Listing date
16-Sep-2024
Lot size
214
No. of shares
93,71,42,858
Fresh issue/OFS
₹3560 Cr/₹3000 Cr
The company is a non-deposit taking Housing Finance Company (HFC) that has been registered with the National Housing Bank (NHB) since September 24, 2015. They began their mortgage lending operations in Fiscal 2018. In 2022, they were categorized as an "Upper Layer" NBFC (NBFC-UL) by the Reserve Bank of India (RBI). Bajaj Housing Finance Ltd is dedicated to providing tailored financial solutions for individuals and corporate entities, particularly for the purchase and renovation of homes and commercial spaces. They offer a comprehensive suite of mortgage products, including home loans, loans against property (LAP), lease rental discounting, and developer financing. Their primary focus is on individual retail housing loans, supported by a diversified portfolio of lease rental discounting and developer loans. Their diversified network of 215 branches across 174 locations supports their extensive reach, enabling them to cater to various customer needs across different geographies.
Read our in-depth analysis of the Bajaj Housing Finance Ltd IPO Here
Category
Status
QIBs
209.4x
NIIs
41.4x
Retail
6.9x
Others
19.4x
Total
63.5x
The issue size of Bajaj Housing Finance is ₹6,560.00 Cr.
Bajaj Housing Finance falls into Non-banking Financial Services industry.
The Bajaj Housing Finance IPO will be listed on both NSE and BSE.
The open and close dates for the Bajaj Housing Finance are 09-Sep-2024 & 11-Sep-2024.
The price band for the Bajaj Housing Finance ipo is ₹66 to ₹70
The listing date of Bajaj Housing Finance IPO is 16-Sep-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Bajaj Housing Finance total subscription ratio is 63.5X.
Key financial of the Bajaj Housing Finance are:
| Bajaj Housing Finance | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 7617.31 | 5664.73 | 3766.71 |
| EBIT (₹ Cr) | 6855.63 | 4912.65 | 3116.68 |
| Proft after Tax (₹ Cr) | 1731.22 | 1257.8 | 709.62 |
| Debt (₹ Cr) | 68945.06 | 53745.39 | 41492.32 |
| Net Worth (₹ Cr) | 12233.5 | 10503.19 | 6741.36 |
| RoE (%) | 14.15 | 11.98 | 10.53 |