Bajaj Housing Finance IPO Details: Bajaj Housing Finance IPO date not is fixed, the IPO is to hit the market on September [.], 2024 and will close on September [.], 2024. Bajaj Housing Finance IPO to raise around ₹7000 crores via IPO that comprises fresh issue of ₹4000 crores and offer for sale up to [.] equity shares of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
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Bajaj Housing Finance IPO Date & Price Band Details
| IPO Open: | September 2024 |
| IPO Close: | 2024 |
| IPO Size: | Approx ₹7000 Crores |
| Fresh Issue: | Approx ₹4000 Crores |
| Offer for Sale: | Approx ₹3000 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Bajaj Housing Finance IPO Market Lot
The Bajaj Housing Finance IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
Bajaj Housing Finance IPO Allotment & Listing Dates
The Bajaj Housing Finance IPO date is 2024 and the close date is 2024. The Bajaj Housing Finance IPO allotment will be finalized on 2024 and the IPO listing on 2024.
| Price Band Announcement: | 2024 |
| Anchor Investors Allotment: | 2024 |
| IPO Open Date: | 2024 |
| IPO Close Date: | 2024 |
| Basis of Allotment: | 2024 |
| Refunds: | 2024 |
| Credit to Demat Account: | 2024 |
| IPO Listing Date: | 2024 |
About Company
Bajaj Housing Finance Limited is a non-deposit-taking Housing Finance Company (“HFC”), registered with the National Housing Bank (“NHB”) since September 24, 2015, and engaged in mortgage lending since Fiscal 2018. They have been identified and categorized as an “Upper Layer” NBFC (“NBFC-UL”) in India by the RBI since September 30, 2022, as part of its “Scale Based Regulations (SBR): A Revised Regulatory Framework for NBFCs” dated October 22, 2021.
They offer financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces. Their mortgage product suite is comprehensive and comprises (i) home loans; (ii) loans against property (“LAP”); (iii) lease rental discounting; and (iv) developer financing. Furthermore, the company’s primary emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans. Consequently, their financial products cater to every customer segment, from individual homebuyers to large-scale developers.
As of March 31, 2024 (unless indicated otherwise), they were a leading HFC in India across multiple parameters, including:
- largest non-deposit-taking HFC (in terms of AUM) in India within seven years of commencing mortgage operations;
- second largest HFC and eighth largest NBFC-ULs (in terms of AUM) in India with an AUM of ₹913,704.0 million;
- second most profit-making HFC in India with a strong return on average assets and return on average equity for Fiscal 2024;
- one of the fastest growing among other HFCs/ NBFCs-UL based on AUM CAGR from Fiscal 2022 to 2024;
- most diversified HFC in India offering a full suite of mortgage lending products;
- highest salaried customer mix in home loan portfolio amongst large HFCs;
- focused on prime housing with higher average ticket size amongst large HFCs;
- lowest GNPA ratio of 0.27% and NNPA ratio of 0.10%, among large HFCs in India;
- highest possible credit ratings in India for both the long-term as well as short-term borrowing programs;
- second highest loan disbursement by HFCs in India amounting to ₹446.6 billion for Fiscal 2024; and
- second highest AUM per branch and AUM per employee amongst large HFCs in India.
Objects of the Issue
- Augmenting their capital base to meet future business requirements of the Company towards onward lending
- General corporate purposes
Bajaj Housing Finance Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹3767.13 | ₹2807.27 | ₹709.62 |
| 2023 | ₹5665.44 | ₹3965.38 | ₹1257.80 |
| 2024 | ₹7617.71 | ₹5456.39 | ₹1731.22 |
Bajaj Housing Finance Valuation – FY2024
Check Bajaj Housing Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹2.6 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 15.2% |
| Net Asset Value (NAV): | ₹18.2 per Equity Share |
Peer Group
- LIC Housing Finance Limited
- PNB Housing Finance Limited
- Can Fin Homes Limited
- Aadhar Housing Finance
- Aavas Financiers
- Aptus Value Housing Finance
- Home First Finance
Company Promoters
- Bajaj Finance Limited
- Bajaj Finserv Limited
Bajaj Housing Finance IPO Registrar
KFin Technologies Limited
Phone: +91 40 67162222/ 18003094001
Email: : [email protected]
Website: www.kfintech.com
Lead Managers aka Merchant Bankers
- 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
- IIFL Securities Limited
Company Address
Bajaj Housing Finance Limited
5th Floor, B2, Cerebrum IT Park, Kumar City, Kalyani Nagar,
Pune 411014, Maharashtra, India
Phone: 020 71878060
Email: [email protected]
Website: www.bajajhousingfinance.in
Bajaj Housing Finance IPO FAQs
What is Bajaj Housing Finance IPO?
Bajaj Housing Finance IPO is a main-board IPO. They are going to raise ₹7000 Crores via IPO. The issue is priced at ₹[.] to ₹[.] pr equity share. The IPO is to be listed on BSE & NSE.
When Bajaj Housing Finance IPO will open?
The IPO is to open on September 2024 for QIB, NII, and Retail Investors.
What is Bajaj Housing Finance IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Bajaj Housing Finance IPO Size?
Bajaj Housing Finance IPO size is ₹7000 crores.
What is Bajaj Housing Finance IPO Price Band?
Bajaj Housing Finance IPO Price Band is ₹[.] to ₹[.].
What is Bajaj Housing Finance IPO Minimum and Maximum Lot Size?
The minimum bid is [.] Shares with ₹[.] amount while the maximum bid is [.] shares with ₹[.].
What is the Bajaj Housing Finance IPO Allotment Date?
Bajaj Housing Finance IPO allotment date is 2024.
What is the Bajaj Housing Finance IPO Listing Date?
Bajaj Housing Finance IPO listing date is 2024. The IPO is to list on BSE and NSE.