Bajaj Housing Finance Limited
Sep 9, 2024 - Sep 11, 2024
Bajaj Housing Finance Limited IPO Details
Mainline
Status
listed
Issue Price
₹66.00 - ₹70.00
Lot Size
210 Shares
Subscription
67.43 times
Listing Price
₹150 (114.28%)
Face Value
₹10 Per share
Issue Size
Approx ₹6560 Cr
Fresh Issue
Approx ₹3560 Cr
Total Shares Offered
Approx ₹3000 Cr
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Kfin Technologies Limited
NSE Code
BAJAJHFL
BSE Code
544252
IPO Tentative Timetable
Open Date
Mon Sep 09 2024
Close Date
Wed Sep 11 2024
Allotment Date
Thu Sep 12 2024
Refunds Initiation
Fri Sep 13 2024
Demat Transfer
Fri Sep 13 2024
Listing Date
Mon Sep 16 2024
Valuation
Earning Per Share (EPS)
₹2.6
Price/Earning P/E Ratio
-
Return on Net Worth (RoNW)
15.2%
Net Asset Value (NAV)
₹18.2
Promoters
Pre issue Share Holding
100.00%
Post issue Share Holding
-
Company Promoters
- Bajaj Finance Limited
- Bajaj Finserv Limited
Lead Managers
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 Ltd
Live Subscription
| Date | QIB | NII | Retail | EMP | Other | Total |
|---|---|---|---|---|---|---|
| Sep 9, 2024 | 1.14 | 4.71 | 1.79 | 0.38 | 3.29 | 2.26 |
| Sep 10, 2024 | 7.91 | 17.57 | 4.25 | 1.14 | 10.31 | 8.08 |
| Sep 11, 2024 | 222.05 | 43.98 | 7.41 | 2.13 | 18.54 | 67.43 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 210 | ₹14,980 |
| Retail (Max) | 13 | 2,785 | ₹194,740 |
| S-HNI (Min) | 14 | 2,996 | ₹209,720 |
| B-HNI (Min) | 67 | 14,338 | ₹10,03,660 |
Key Performance Indicator
| KPI | Values |
|---|---|
| RoNW | 3.6% |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 25,11,42,856 (26.8%) | NA |
| QIB Shares Offered | 16,74,28,580 (17.87%) | NA |
| NII (HNI) Shares Offered | 12,55,71,430 (13.4%) | |
| bNII > ₹10L | 8,37,14,286 (8.93%) | 27,942 |
| sNII < ₹10L | 4,18,57,143 (4.47%) | 13,971 |
| Retail Shares Offered | 29,30,00,000 (31.27%) | 13,69,158 |
| Employee Shares Offered | 2,85,71,428 (3.05%) | NA |
| Other Shares Offered | 7,14,28,571 (7.62%) | NA |
| Total Shares Offered | 93,71,42,865 (100%) |
Company Financial
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 88,538.83 | 81,827.09 | 64,654.14 | 48,527.08 |
| Revenue | 2,208.73 | 7,617.71 | 5,665.44 | 3,767.13 |
| Profit After Tax | 482.61 | 1,731.22 | 1,257.8 | 709.62 |
| Net Worth | 14,719.91 | 12,233.5 | 10,503.19 | 6,741.36 |
| Reserves and Surplus | 4,252.83 | 5,520.81 | 3,791.03 | 1,858.03 |
| Total Borrowing | 73,347.06 | 69,129.32 | 53,745.39 | 41,492.32 |
About Company
Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015. The company, a part of the diversified Bajaj Group, has been providing mortgage loans since the financial year 2018. Bajaj Housing Finance offers tailored financial solutions to both individuals and corporates for purchasing and renovating residential and commercial properties. Their extensive mortgage product lineup includes (i) home loans, (ii) loans against property (LAP), (iii) rent concessions, and (iv) developer finance.
As of March 31, 2024, the company served 308,693 active customers, with 81.7% being home loan customers. Bajaj Housing Finance operates through a network of 215 branches across 174 locations in 20 states and three union territories, supported by six centralized retail loan review centers and seven centralized loan processing centers.
As of March 31, 2024, the company served 308,693 active customers, with 81.7% being home loan customers. Bajaj Housing Finance operates through a network of 215 branches across 174 locations in 20 states and three union territories, supported by six centralized retail loan review centers and seven centralized loan processing centers.
Company Contact
bajaj housing finance limited bajaj auto limited complex, mumbai-pune road, akurdi, pune - 411035
Phone: +91 20 7187806
Email: bhflinvestor.service@bajajfinserv.in
Website: https://www.bajajhousingfinance.in/
Registrar Contact
kfin technologies limited
Phone: 04067162222, 04079611000
Email: bhfl.ipo@kfintech.com