Bajaj Housing Finance IPO Details, Date, Price, Review

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)

Bajaj Housing Finance IPO Review

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Bajaj Housing Finance IPO Details

Bajaj Housing Finance IPO Market Lot Details

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.

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.

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

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.

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