Bajaj Housing Finance IPO is scheduled to open on Monday, September 9, 2024 and will close on Wednesday, September 11, 2024 with plans to raise Rs 6,560 crore.
Bajaj Housing Finance Limited is a leading non-banking financial company (NBFC) in India, specializing in housing finance. It is a subsidiary of Bajaj Finance Limited, a renowned financial services conglomerate.
Bajaj Housing Finance IPO Price Band is Rs. 66 – Rs. 70 per share with lot size of 214 shares. The minimum investment required is Rs. 14,940 (at the lower price band)
Bajaj Housing Finance IPO Structure is to generate Rs. 6560 crore with fresh issue of 50.86 crore shares worth ₹3560 crore and offer for sale (OFS) of 42.86 crore shares worth ₹3000 crore
Bajaj Housing Finance Ltd. is a wholly-owned subsidiary of Bajaj Finance Limited, offering a range of housing finance products and services.
The major focus area of of Bajaj Housing Finance is at residential and commercial property loans, loans against property, and working capital loans.
The strengths of Bajaj Housing Finance is strong brand recognition, diversified product portfolio, and robust financial performance.
Bajaj Housing Finance Ltd Growth Potential is high as the Indian housing finance market is expected to grow significantly, presenting opportunities for Bajaj Housing Finance.
Bajaj Housing Finance Ltd financial stability shows a strong financial track record and is backed by the Bajaj Group. Bajaj Housing Finance has a history of paying dividends to its shareholders.
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