Bajaj Housing Finance IPO Details Today, GMP Price, Date, Review

Bajaj Housing Finance IPO Details Today, GMP Price, Date, Review

Bajaj Housing Finance IPO GMP Price Today : Bajaj Housing Finance IPO GMP Price (IPO) is Open on [.] 2024 and Close on [.] 2024. Bajaj Housing Finance IPO to Raise [.] shares (Approx ₹7,000 Cr) via IPO. The Fresh issue of [.] shares (Approx ₹4,000 Cr) and the offer for sale is [.] shares (Approx ₹3,000 Cr).

 

Bajaj Housing Finance was originally incorporated 13 June 2008 Bajaj Housing Finance LTD of Subsidiary of Bajaj Finance We offer financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces.

 

Our mortgage product suite is comprehensive and comprises

  1.  home loans.
  2.  loans against property (“LAP”).
  3.  lease rental discounting.
  4.  developer financing Furthermore.

 

Our primary emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans. Consequently. our financial products cater to every customer segment, from individual homebuyers to large-scale developers. We are a part of the Bajaj group, which was founded in 1926 and is a diversified business group with interests across various sectors. Our offerings, we had a network of 215 branches as at March 31, 2024, spread across 174 locations in 20 states and three union territories.

Bajaj Housing Finance IPO Date & Price Band Details

IPO Open Date 2024
IPO Close Date 2024
IPO Size Approx ₹7,000 Crores
Fresh Issue Approx ₹4,000 Crores
Offer For Sale Approx ₹3,000 Crores
Lot Size [.] Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹[.] Per Every Share
IPO Listing On NSE & BSE
IPO Retail Quota -%
IPO QIB Quota -%
IPO NII Quota -%
DRHP Draft Click here
Anchor Investor Click here

 

Bajaj Housing Finance IPO Market Lot Details

Application Lot Size Shares Amount
Retail Minimum - - ₹-
Retail Maximum - - ₹-
S-HNI Minimum - - ₹-
B-HNI Minimum - - ₹-

 

Object Of the Issue

The Promoter Selling Shareholder shall be entitled to the proceeds of the Offer for Sale after deducting its proportion of Offer expenses and relevant taxes thereon. Our Company will not receive any proceeds from the Offer for Sale and the proceeds received from the Offer for Sale will not form part of the Net Proceeds. Our Company proposes to utilise the Net Proceeds from the Fresh Issue towards augmenting our capital base to meet future business requirements of our Company towards onward lending (“Objects”).

Bajaj Housing Finance IPO Allotment & Listing Date (Details)

IPO Open Date 2024
IPO Close Date 2024
Basis of Allotment 2024
Refunds 2024
Credit to Demat Account 2024
IPO Listing Date 2024

 

Bajaj Housing Finance Financial Reports

₹ in Crores
Year Revenue Expense PAT
2024
2023
2022
2021

 

Our Company Promoter

  1. Bajaj Finance Limited (BFL).

 

Qualitative Factors

  •  We have a distinguished heritage of the “Bajaj” brand, which enjoys widespread recognition as a reliable retail brand with strong brand equity.
  •  We are the second largest HFC in India (in terms of AUM) with a track record of strong growth driven by a diversified portfolio.
  •  We have a strategic presence with omni-channel sourcing strategy, driven by customer-focused digitization initiatives and technology.
  •  We have well defined credit evaluation and risk management practices resulting in lowest GNPA and NNPA among our Peers in Fiscal 2024.
  •  We have access to diversified and cost-effective borrowing sources facilitated by the highest possible credit ratings from rating agencies.
  •  We have an experienced management team supported by a team of dedicated professionals and ability to attract and retain talented employees.

Bajaj Housing Finance Comparison Listed Industry Peers Group

Company Name Face Value EPS P/E Ratio Ro NW (%) NAV Per Revenue (₹ in Million)
Bajaj Housing Finance Limited 10 2.6 [.] 15.2% 18.2 76,177.1
Peer Group
LIC Housing Finance Limited 2 86.5 7.3 16.2% 572.3 272,778.0
PNB Housing Finance Limited 10 58.4 12.4 11.6% 576.6 70,570.9
Can Fin Homes Limited 2 56.4 12.9 18.8% 326.2 35,246.9
Aadhar Housing Finance 10 19.0 18.7 18.4% 104.3 25,869.8
Aavas Financiers 10 62.0 25.8 13.9% 476.8 20,206.9
Aptus Value Housing Finance 2 12.3 24.6 17.2% 75.5 14,168.4
Home First Finance 2 34.7 24.3 15.5% 239.7 11,565.5

 

Comparison with listed industry peers

  • Bajaj Housing Finance Limited.
  • LIC Housing Finance Limited.
  • PNB Housing Finance Limited.
  • Can Fin Homes Limited.
  • Aadhar Housing Finance.
  • Aavas Financiers.
  • Aptus Value Housing Finance.
  • Home First Finance.

Bajaj Housing Finance Company Contact Details

Bajaj Auto Limited Complex
Mumbai – Pune Road, Akurdi
Pune 411 035
Maharashtra, India
Contact Person: Atul Patni
Email: bhflinvestor.service@ bajajfinserv.in
Telephone: +91 2071878060
Website: www.bajajhousingfinance.in

 

Bajaj Housing Finance IPO Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna

 

bajaj housing finance ipo drhp pdf

bajaj housing finance ipo drhp pdf

 

Leave a Comment

Facebook
Twitter
WhatsApp
Telegram
LinkedIn