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Open
9 Sep 2024
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Close
11 Sep 2024
3
Allotment
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Listing
Mon, Sep 16, 2024
Price Band
₹66 to ₹70
Issue Size
93,71,42,856 shares (agg. up to ₹6,560 Cr)
Lot Size
214 Shares
Listing Date
Mon, Sep 16, 2024
Latest GMP
₹72
Est. Gain
102.86%
✦ AI Insight
GMP Trend
16-09-2024₹72Est. ₹142+102.86%
15-09-2024₹75Est. ₹145+107.14%
14-09-2024₹84Est. ₹154+120%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 49.63x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 88,538.83 | 81,827.09 | 64,654.14 | 48,527.08 |
| Total Income | 2,208.73 | 7,617.71 | 5,665.44 | 3,767.13 |
| Profit After Tax | 482.61 | 1,731.22 | 1,257.80 | 709.62 |
| NET Worth | 14,719.91 | 12,233.50 | 10,503.19 | 6,741.36 |
| Reserves and Surplus | 4,252.83 | 5,520.81 | 3,791.03 | 1,858.03 |
| Total Borrowing | 73,347.06 | 69,129.32 | 53,745.39 | 41,492.32 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Aadhar Housing Finance Ltd. | Mainboard | ₹3,000.00 Cr | ₹315 | 22.8 | ₹329.45 | +4.59% | ₹510.55 (-1.00%) |
| India Shelter Finance Corp.Ltd. | Mainboard | ₹1,200.00 Cr | ₹493 | 28.22 | ₹544.70 | +10.49% | ₹815.15 (-0.12%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting our capital base to meet future business requirements of the Company towards onward lending | 3,499.55 |
About Bajaj Housing Finance IPO
Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015 and has been offering mortgage loans since the financial year 2018. The company is part of the Bajaj Group, a diversified group of companies with interests in various sectors. Bajaj Housing Finance provides customized financial solutions to individuals and corporates for the purchase and renovation of homes and commercial spaces. The company's mortgage product range is comprehensive and includes (i) home loans, (ii) loan against property (LAP), (iii) rent concessions, and (iv) developer finance. As of March 31, 2024, the company had 308,693 active customers, of which 81.7% were home loan customers. The Company has a network of 215 branches in 174 locations across 20 states and three union territories, overseen by six centralized retail loan review centers and seven centralized loan processing centers.+ Read More
Contact Details
Bajaj Housing Finance Ltd. AddressBajaj Auto Limited ComplexPune RoadAkurdiPune, Maharashtra, 411035+91 20 7187806bhflinvestor.service@bajajfinserv.inVisit Website