Bajaj Housing Finance IPO
Bajaj Housing Finance is a non-deposit-taking Housing Finance Company, registered with the National Housing Bank. It offers a comprehensive mortgage product suite, focusing on individual retail housing loans, lease rental discounting, and developer financing, catering to diverse customer segments. It has achieved an AUM of Rs. 97000/- crore in 7 years of operation.
The 2nd biggest housing finance company will use the proceeds to increase their capital base to meet future business requirements towards onward lending. It is listing at a post-diluted price to book (P/B) multiple of 3.8 times.
BAJAJ HOUSING IPO DETAILS
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Issue Size | ₹ 6,560 Crore |
Price Band | ₹66-70 |
Lot Size | 214 |
Retail Portion | 35% |
Face Value | ₹ 10 |
Shareholder Quota: Up to 10% of Issue | Record Date for Shareholder : 30 Aug | |
Investors who bought BAJAJ Finance or Bajaj Finserv till 29 August will be considered |
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