Bajaj Housing Finance IPO Subscription Status: Bajaj Housing Finance IPO is Open on 9 September 2024 and Close on 11 September 2024. Bajaj Housing Finance IPO to Raise 937,142,858 shares (Approx ₹6,560.00 Cr) via IPO. The Fresh Issue is 508,571,429 shares (Approx ₹3,560.00 Cr) and The Offer For Sale is 428,571,429 shares of ₹10 (Approx ₹3,000.00 Cr).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
The Bajaj Housing Finance IPO is an Mainline IPO and Listed on NSE & BSE. Bajaj Housing Finance IPO Price Band is Fixed at ₹70 Equity Share. Bajaj Housing Finance IPO Lot Size is 214 Shares.
Also Read: Bajaj Housing Finance IPO GMP, Price, Date, Latest IPO Details
Bajaj Housing Finance IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 167,428,580 | 37,17,70,59,692 | 222.05 |
| Non Institutional Buyers (NIIs) | 125,571,430 | 5,52,27,78,678 | 43.98 |
| BNII | 83,714,286 | 4,23,02,57,840 | 50.53 |
| SNII | 41,857,143 | 1,29,25,20,838 | 30.88 |
| Retail Individual Buyers (RIIs) | 293,000,000 | 2,17,07,65,924 | 7.41 |
| Employee | 28,571,428 | 6,09,28,368 | 2.13 |
| Others | 71,428,571 | 1,32,42,38,420 | 18.54 |
| Total | 68,60,00,009 | 46,25,57,71,082 | 67.43 |
Bajaj Housing Finance IPO Subscription Status day-by-day-
| Categories | 9 Sep | 10 Sep | 11 Sep |
|---|---|---|---|
| QIB | 1.14 | 7.91 | 222.05 |
| NII | 4.71 | 17.57 | 43.98 |
| RII | 1.79 | 4.25 | 7.41 |
| Employee | 0.38 | 1.14 | 2.13 |
| Other | 3.29 | 10.31 | 18.54 |
| Total | 2.26 | 8.08 | 67.43 |
About IPO :
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
- Home Loans.
- Loans against Property (“LAP”).
- Lease rental Discounting.
- Developer Financing Furthermore.
Our primary emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans. 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 3 Union Territories. We use direct and indirect channels for origination of loans.
Bajaj Housing Finance holdings Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets.
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.”
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