Bajaj Housing Finance
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 08-09-2024 | 10-09-2024 | 10 per share | 70 | 214 Shares | BSE, NSE | 937,142,858 shares (aggregating up to ₹6,560.00 Cr) | 2024-09-11 18:30:00 | 2024-09-12 18:30:00 | 2024-09-12 18:30:00 | 15-09-2024 |
About The 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 and has been offering mortgage loans since the financial year 2018.
The company is part of the Bajaj Group, a diversified group of companies with interests in various sectors. Bajaj Housing Finance provides customized financial solutions to individuals and corporates for the purchase and renovation of homes and commercial spaces. The company's mortgage product range is comprehensive and includes (i) home loans, (ii) loan against property (LAP), (iii) rent concessions, and (iv) developer finance.
As of March 31, 2024, the company had 308,693 active customers, of which 81.7% were home loan customers.
The Company has a network of 215 branches in 174 locations across 20 states and three union territories, overseen by six centralized retail loan review centers and seven centralized loan processing centers.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 48527 | 3767 | 710 | 6741.36 | 1858.03 | 41492.32 |
| 30-03-2023 | 64654 | 5665 | 1258 | 10503.19 | 3791.03 | 53745.39 |
| 30-03-2024 | 81827 | 7618 | 1731 | 12233.5 | 5520.81 | 5520.81 |
| 29-06-2024 | 88539 | 2209 | 483 | 14719.91 | 4252.83 | 73347.06 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Total | 67.43 |
| Non-Institutional Buyers | 43.98 |
| Retail Investors | 7.41 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 214 | 14980 |
| Retail (Max) | 13 | 2782 | 194740 |
| S-HNI (Min) | 14 | 2996 | 209720 |
| S-HNI (Max) | 66 | 14124 | 988680 |
| B-HNI (Min) | 67 | 14338 | 10003660 |
IPO Listing Details
| Listing Date | 15-09-2024 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | |
| Final Issue Price | 70 |
Promoter holdings
Bajaj Finserv Limited are the company promoters.
Contact Information of the Company
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/
IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: bhfl.ipo@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
IPO Lead Manager
Kotak Mahindra Capital Company Limited (Past IPO Performance) Bofa Securities India Limited (Past IPO Performance) Axis Capital Limited (Past IPO Performance) Goldman Sachs (India) Securities Private Limited (Past IPO Performance) SBI Capital Markets Limi