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Bajaj Housing Finance Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

6,560.00 cr

Price Range (₹)

70

Lot Size

214

Min Investment (₹)

14,980.00

Listing Exchange

MumbaiNSE

Open Date

09-Sept-2024

Close Date

11-Sept-2024

Listing Date

16-Sept-2024

Latest IPO News

    The Shares of Bajaj Housing Finance Ltd have now been listed.

    Bajaj Housing Finance Ltd IPO Details

    Initial public offer of 937,142,856* equity shares of face value of Re. 10 each (Equity Shares) of Bajaj Housing Finance Limited (Company) for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 60 per equity share) (Offer Price) aggregating to Rs. 6560.00 crores (the Offer) comprising a fresh issue of 508,571,428* equity shares of face value of Rs. 10 each aggregating to Rs. 3560.00 crores (Fresh Issue) and an offer for sale (the Offer for Sale) of 428,571,428* equity shares of face value of Rs. 10 each aggregating to Rs. 3000.00 crores by Bajaj Finance Limited (Promoter Selling Shareholder) (Offered Shares). The offer constituted 11.3% of the post-offer paid-up equity share capital of the company. the offer included a reservation of 28,571,428* equity shares of face value of Rs. 10 each, aggregating to Rs. 200.00 crores (constituting 0.3% of the post-offer paid-up equity share capital) for subscription by eligible employees (Employee Reservation Portion) and a reservation of 71,428,571* equity shares of face value of Rs. 10 each, aggregating to Rs. 500.00 crores (constituting 0.9% of the post-offer paid-up equity share capital) for subscription by eligible shareholders (Shareholders Reservation Portion). The offer less the employee reservation portion and the shareholders reservation portion is hereinafter referred to as the Net Offer. The offerand the net offer constituted 11.3% and 10.1% of the post-offer paid-up equity share capital of the company, respectively.The face value of the equity shares is Rs. 10 each. The offer price is 7 times the face value of the equity shares.*Subject to finalisation of basis of allotment

    Objective of issue

    Listing of the Equity Shares on the Stock Exchanges.

    Bajaj Housing Finance Ltd Contact Details

    Bajaj Housing Finance Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - bhflinvestor.service@bajajfinserv.in

    Website - www.bajajhousingfinance.in