June, 10 2025 Tuesday 10:27 Hrs
Ifin-logo
  • SENSEX :   82,509.59

  • Commodity broking firm in India64.38( 0.08%) 10-Jun-2025
Login for
FundBoss
Trade Online
Open Account

IPO Synopsis

Bajaj Housing Finance Ltd
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
Issue
Opens On Closes On
09-Sep-24 11-Sep-24
Money Payable On
Application Allotment
70.00 0.00
Minimum Application for shares in Nos : 214 Further Multiples of : 214
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 Axis Capital Ltd
Project Financed through Current Offer (.Cr) 6560.00  
Post Issue Equity Share Capital (.Cr) 8328.15
Issue Price () 70.00
Projects
Listing of the Equity Shares on the Stock Exchanges
Promoted By
Bajaj Finance Ltd
Bajaj Finserv Ltd
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd
Top
Attention Investor:
Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers/Depository Participant.     KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, ,Mutual ).    No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.