Bajaj Housing Finance Limited IPO GMP

Classified as an ‘Upper-Layer NBFC’ by the RBI pursuant to Scale Based Regulations, Bajaj Housing Finance Limited (BHFL) is a 100% subsidiary of Bajaj Finance Limited — one of the most diversified NBFCs in the Indian market, catering to more than 88.11 million customers across the country. Headquartered in Pune, BHFL offers finance to individuals as well as corporate entities for the purchase and renovation of homes, or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes. BHFL also offers finance to developers engaged in the construction of residential and commercial properties as well as lease rental discounting to developers and high-net-worth individuals.

Bajaj Housing Finance, an Book Built Issue amounting to ₹6,560.00 Crores, consisting an Fresh Issue of 50.85 Lakh Shares worth ₹3,560.00 Crores and an Offer for Sale of 42.85 Lakh Shares totalling to ₹3,000.00 Crores. The subscription period for the Bajaj Housing Finance IPO opens on September 09, 2024, and closes on September 11, 2024. The allotment is expected to be finalized on or about Thursday, September 12, 2024, and the shares will be listed on the BSE NSE with a tentative listing date set on or about Monday, September 16, 2024.

The Share price band of Bajaj Housing Finance IPO is set at ₹66 to ₹70 equity per share, with a minimum lot size of 214 shares. Retail investors are required to invest a minimum of ₹14,980, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (2,996 shares), amounting to ₹209,720.

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 and IIFL Securities Limited are the book-running lead manager, KFin Technologies Limited is the registrar for the Issue. 

Bajaj Housing Finance Limited IPO GMP Today
The Grey Market Premium of Bajaj Housing Finance Limited IPO is expected in the range of ₹60 to ₹65 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Bajaj Housing Finance Limited IPO Live Subscription Status Today
As of 06:00 PM on 11 September 2024, the Bajaj Housing Finance Limited IPO live subscription status shows that the IPO subscribed 63.61 times on its final day of subscription period. Check the Bajaj Housing Finance Limited IPO Live Subscription Status Today at BSE.

Bajaj Housing Finance Limited IPO Allotment Status
Bajaj Housing Finance IPO allotment date is 12 September, 2024, Thursday. Bajaj Housing Finance IPO Allotment will be out on 12th August 2024 and will be live on Registrar Website from the allotment date. Check Bajaj Housing Finance Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Bajaj Housing Finance Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Bajaj Housing Finance Limited IPO
The Promoter Selling Shareholder shall be entitled to the proceeds of the Offer for Sale after deducting its proportion of Offer expenses and relevant taxes thereon. The Company will not receive any proceeds from the Offer for Sale and the proceeds received from the Offer for Sale will not form part of the Net Proceeds. 

Refer to Bajaj Housing Finance Limited RHP for more details about the Company.