Bajaj Housing Finance IPO Shareholder Quota Eligibility
The Bajaj Housing Finance IPO will have a special shareholders quota of Bajaj Finserv and Bajaj Finance. Bajaj Housing Finance’s IPO will comprise ₹3,000 crore share sale by promoters. The record date for the share holders of Bajaj Finserv and Bajaj Finance to apply under the shareholders quota is August 30, 2024 as the RHP filed and IPO dates announced on August 30, 2024.
Bajaj Housing Finance IPO Shareholder Quota Math
The latest update on Bajaj Housing Finance IPO, the shareholder’s quota math is as below. The shareholders of Bajaj Finserv and Bajaj Finance can apply with ₹2 lakh with the combination as follows:
- Shareholder Quota + Retail
- Shareholder Quota + SHNI
- Shareholder Quota + BHNI
Note: The investors will not be able to apply more than ₹2 lakh in shareholder quota. (As per online sources)
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Bajaj Housing Finance IPO Details
IPO Open: | September 9, 2024 |
IPO Close: | September 11, 2024 |
IPO Size: | Approx ₹6,560 Crores |
Fresh Issue: | Approx ₹3,560 Crores |
Offer for Sale: | Approx ₹3,000 Crores, 428,571,429 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹66 to ₹70 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 35% Retail – 13,69,159 Forms |
QIB Quota: | 50% |
HNI Quota: | 15% SHNI – 13,971 Forms Big HNI – 27,942 Forms |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Bajaj Housing Finance IPO Market Lot (Final)
The Bajaj Housing Finance IPO minimum market lot is 214 shares with ₹14,980 application amount. The retail investors can apply up-to 13 lots with 2,782 shares or ₹194,740 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 214 | ₹14,980 |
Retail Maximum | 13 | 2,785 | ₹194,740 |
S-HNI Minimum | 14 | 2,996 | ₹209,720 |
B-HNI Minimum | 67 | 14,338 | ₹10,03,660 |
Bajaj Housing Finance IPO Dates
The Bajaj Housing Finance IPO date is September 9 and the close date is September 11. The Bajaj Housing Finance IPO allotment will be finalized on September 12 and the IPO listing on September 16.
IPO Open Date: | September 9, 2024 |
IPO Close Date: | September 11, 2024 |
Basis of Allotment: | September 12, 2024 |
Refunds: | September 13, 2024 |
Credit to Demat Account: | September 13, 2024 |
IPO Listing Date: | September 16, 2024 |
About Company
Bajaj Housing Finance Limited is a non-deposit-taking Housing Finance Company (“HFC”), registered with the National Housing Bank (“NHB”) since September 24, 2015, and engaged in mortgage lending since Fiscal 2018. They have been identified and categorized as an “Upper Layer” NBFC (“NBFC-UL”) in India by the RBI since September 30, 2022, as part of its “Scale Based Regulations (SBR): A Revised Regulatory Framework for NBFCs” dated October 22, 2021.
They offer financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces. Their mortgage product suite is comprehensive and comprises (i) home loans; (ii) loans against property (“LAP”); (iii) lease rental discounting; and (iv) developer financing. Furthermore, the company’s primary emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans. Consequently, their financial products cater to every customer segment, from individual homebuyers to large-scale developers.
As of March 31, 2024 (unless indicated otherwise), they were a leading HFC in India across multiple parameters, including:
- largest non-deposit-taking HFC (in terms of AUM) in India within seven years of commencing mortgage operations;
- second largest HFC and eighth largest NBFC-ULs (in terms of AUM) in India with an AUM of ₹913,704.0 million;
- second most profit-making HFC in India with a strong return on average assets and return on average equity for Fiscal 2024;
- one of the fastest growing among other HFCs/ NBFCs-UL based on AUM CAGR from Fiscal 2022 to 2024;
- most diversified HFC in India offering a full suite of mortgage lending products;
- highest salaried customer mix in home loan portfolio amongst large HFCs;
- focused on prime housing with higher average ticket size amongst large HFCs;
- lowest GNPA ratio of 0.27% and NNPA ratio of 0.10%, among large HFCs in India;
- highest possible credit ratings in India for both the long-term as well as short-term borrowing programs;
- second highest loan disbursement by HFCs in India amounting to ₹446.6 billion for Fiscal 2024; and
- second highest AUM per branch and AUM per employee amongst large HFCs in India.
Objects of the Issue
- Augmenting their capital base to meet future business requirements of the Company towards onward lending
- General corporate purposes
Bajaj Housing Finance IPO Form
How to apply for the Bajaj Housing Finance IPO? You can apply for Bajaj Housing Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bajaj Housing Finance IPO in the Invest section. The other option is you can apply for Bajaj Housing Finance IPO via IPO forms downloaded via NSE and BSE. Check out the Bajaj Housing Finance forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Bajaj Housing Finance Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2022 | ₹3767.13 | ₹2807.27 | ₹709.62 |
2023 | ₹5665.44 | ₹3965.38 | ₹1257.80 |
2024 | ₹7617.71 | ₹5456.39 | ₹1731.22 |
June 2024 | ₹2208.73 | ₹1578.85 | ₹482.61 |
Bajaj Housing Finance Valuation – FY2024
Check Bajaj Housing Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | ₹2.6 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | 15.2% |
Net Asset Value (NAV): | ₹18.2 per Equity Share |
Peer Group
- LIC Housing Finance Limited
- PNB Housing Finance Limited
- Can Fin Homes Limited
- Aadhar Housing Finance
- Aavas Financiers
- Aptus Value Housing Finance
- Home First Finance
Company Promoters
- Bajaj Finance Limited
- Bajaj Finserv Limited
Bajaj Housing Finance IPO Registrar
KFin Technologies Limited
Phone: +91 40 67162222/ 18003094001
Email: : [email protected]
Website: www.kfintech.com
Lead Managers aka Merchant Bankers
- 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 Limited
Company Address
Bajaj Housing Finance Limited
5th Floor, B2, Cerebrum IT Park, Kumar City, Kalyani Nagar,
Pune 411014, Maharashtra, India
Phone: 020 71878060
Email: [email protected]
Website: www.bajajhousingfinance.in
Bajaj Housing Finance IPO FAQs
What is Bajaj Housing Finance IPO?
When Bajaj Housing Finance IPO will open?
What is Bajaj Housing Finance IPO Investors Portion?
How to Apply the Bajaj Housing Finance IPO?
How to Apply the Bajaj Housing Finance IPO through Zerodha?
How to Apply the Bajaj Housing Finance IPO through Upstox?
How to Apply the Bajaj Housing Finance IPO through Paytm Money?
What is Bajaj Housing Finance IPO Size?
What is Bajaj Housing Finance IPO Price Band?
What is Bajaj Housing Finance IPO Minimum and Maximum Lot Size?
What is the Bajaj Housing Finance IPO Allotment Date?
What is the Bajaj Housing Finance IPO Listing Date?
Note: The Bajaj Housing Finance IPO price band and date are officially announced. The IPO grey market premium (Bajaj Housing Finance IPO Premium) will be added to the IPO grey market page as it will start).
37 Responses
Hi You can download online.
Hi Prakash,
You can.
Hi Aravind,
You need to apply with same demat account.
I have two different demat accounts with the same PAN number and I have Bajaj Finance shares in one demat account… Can I apply under shareholder category in one demat account and under retail category in the other?
Hi Ravi,
You will get the option in the ipo section when you select the bajaj finance ipo.
Hi Annu,
We will get good numbers in both the categories.
Is there any employee quotation in BHFL ipo?
No, There is no employee quota
On What basis allotment of shareholders will be decided
I hold shares of Bajaj Finserv and also for Bajaj Finance. Can I make three applications —> (1) Shareholder category of Bajaj Finserv for Rs. 2,00,000 (2) Shareholder category of Bajaj Finance for Rs. 2,00,000 (3) HNI Rs. 10,00,000.
My online application screen also show where I can place three bids while applying for IPO. Does this mean I can place three bids for all three applications above (3 X 3 = 9, total applications)
Hi Jignesh,
You can Apply 2 categories 1> Shareholder Quota (Bajaj Finance or Bajaj Finserv) and 2> Retail
CONFIRM REJECTION
I have shares of both Bajaj finserve and bajaj Finance. Can I apply under share holder category of both the company. Whether I have to made two different applications ie one for each company?
Hi Raman,
You can apply 1 application under share holder quota even if you have both companies shares.
Hello, Agar main retail main 1 lot apply kar raha hu, to Shareholder main maximum 12 lots hi apply kar sakta ya 13 ?
Hi Nimit,
You can apply as per your choice, you can apply 1 lot in retail and 13 lot in share holder quota.
I am a share holder of both companies i.e Bajaj Finserve and Bajaj Finance. In IPO of Bajaj Housing Finance under shareholder quota can I put one application or two ? Along with shareholder quota can I put application under retail quota with same PAN No. & name.
Please guider me.
Thank you
Hi Surinder,
You can apply IPO in both the categories with same PAN Number.
i have purchase the Bajaj Finserve shares on 30 Aug can i eligible to apply under shareholder quota in BAJAJ housing IPO
I am a shareholder of bajaj finance. Can I apply for both retail and bajaj finance shareholder quota also
.
Thanks
Yes Alex,
You can apply in both the categories, in retail and share holder quota with same pan number.
HI , can I apply in Shareholders quota along with SHNi/Bhni? If yes How many lots I can apply in Shareholders?
Thnaks
Hi Nimit,
When you apply the Bajaj Housing Finance IPO please select share holders instead of retail category.
Okay, is there a limit of 2 lakh rupees in Shareholders quota while applying with SHNI and Bhni ? Or is it only applicable to retails quota ? thanks
Yes Anish,
You can apply Bajaj Housing Finance IPO in both categories. You can submit 2 Application with same Pan Number.
You can buy now, and you will be eligible.
Hi Rajendra,
You will be eligible.
I hold 70 shares of Bajaj Finserve and 17 shares of Bajaj Finance, how many ipo shares I am entitled.?
Daniel
My wife holds 60 Bajaj Finserve and 10 Bajaj Finance. How many ipo shares are she entitled?
Hi Daniel,
If you have shares of Bajaj Finance and Bajaj Finserve you will be eligible for the shareholders quota. You will able to apply in the shareholder category.
I have bought 1 share of Bajaj finserv on 30 aug 24 through zeroda account,am I eligible for share holder quota ,pls clarify.
Yes Rakesh,
the record date is 30 August.
What is record date to be eligible to apply under shareholders category in the Bajaj housing finance IPO opening in September 2042
Hi Sajjan,
29 last date for buying Bajaj finserve share. Approximately 2 sep rhp filing will be there. Still no official annoucement yet. We will have in coming days for sure.
I am a Share holder in Bajaj Fin Serv. What is the procedure to apply for Shares of Bajaj House Finance IPO? Please inform the procedure
Thank you
Hello Ganesh,
When you apply Bajaj Housing Finance IPO, select Share Holders instead of Retail Quota.
Super
Thanks Venkat for your comment.