Bajaj Housing IPO Details, GMP, Price Band, Timing

Bajaj is a group where multiple companies are doing different businesses. If we discussed about particularly Bajaj Housing it is a non deposit taking housing finance company which is registered with National Housing Bank. As of March 31, 2024, the company serves 208,693 active customers, with 81.7% utilizing home loans. The company operates total 215 branches across 174 locations in 20 states. We are going to understand Bajaj Housing IPO details, GMP in this blow below. Keep reading, it will definitely help.

Bajaj Housing Products:

  • Home Loan
  • Home Loan Balance Transfer
  • Loan against Property
  • Lease Rental Discounting
  • Developer Finance

Bajaj Housing IPO Details:

NarrationRemarks
Bajaj Housing Open Date09 Sep, 2024
Bajaj Housing Close Date11th Sept, 2024
Bajaj Housing Allotment Date12th Sept 2024
Bajaj Housing Listing Date16th Sept 2024
Demate Transfer13th Sept 2024
Refund Initiation13th Sept 2024
Lot Size214 Shares
Issue PriceRs.66 to Rs.70
Face ValueRs.10/share
Issue SizeApprox 6560 Crore(Fresh Issue Rs.3560 Crore, OFS Rs.3000 Crore)
Listing AtBSE, NSE

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Bajaj Housing Fundamental Details:

NarrationRemarks
Earning Per ShareRs.2.6
Return on Net Worth15.2%
Net Asset ValueRs.18.2

Bajaj Housing Financial Details:

DateAssetsRevenueProfit
Mar 2022Rs.48527 CroreRs.3767 CroreRs.709 Crore
Mar 2023Rs.64654 CroreRs.5665 CroreRs.1257 Crore
Mar 2024Rs.81827 CroreRs.7617 CroreRs.1731 Crore
June 2024Rs.88538 CroreRs.2208 CroreRs.482 Crore

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Bajaj Housing Grey Market Premium

DateBajaj Housing Expected GMP
05/09/2024Rs.Rs.51(72%)

Bajaj Housing Peers Group

  • LIC Housing Finance Limited
  • PNB Housing Finance Limited
  • Aadhar Housing Finance
  • Aptus Value Housing Finance

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