Bajaj Housing Finance IPO Share Allotment Set to Be Completed Today
The share allotment for Bajaj Housing Finance’s IPO is expected to be finalized today. Investors eagerly await the outcome to see how many shares they will receive, as the allotment is based on a lottery system. The IPO, which garnered significant interest, saw the company raise ₹1,758 crore from marquee anchor investors like JP Morgan, Morgan Stanley, Nomura, and HDFC Mutual Fund.
How to Check Bajaj Housing Finance IPO Allotment Status
Once the share allotment is finalized, investors can check their allotment status through the BSE website or via the registrar’s website, which in this case is Link Intime India. Here’s how to check the status:
Via BSE:
- Visit the BSE Website.
- Select Bajaj Housing Finance from the dropdown menu.
- Enter your application number or PAN number to view the allotment status.
Via Registrar’s Website (Link Intime India):
- Visit the Link Intime India Website.
- Select Bajaj Housing Finance IPO from the dropdown.
- Enter your PAN details and click on search.
Bajaj Housing Finance IPO GMP and Listing Date
The company’s shares are set to be listed on September 16. In the grey market, Bajaj Housing Finance shares are trading at a ₹69 premium, translating to a 96% gain over the issue price.
Bajaj Housing Finance Overview
Bajaj Housing Finance, a non-deposit-taking housing finance company registered with the National Housing Bank since 2015, offers tailored solutions for purchasing and renovating residential and commercial properties. It primarily focuses on retail housing loans and also provides commercial and developer loans. For the fiscal year 2023-24, the company posted a net profit of ₹1,731 crore, a 38% increase from the previous fiscal year.
The net proceeds from this IPO will be used to boost the company’s capital base and fund its future lending needs.
Stay tuned for the final allotment results and upcoming listing on September 16.
