Bajaj Housing Finance IPO Allotment Status

Summary

Bajaj Housing Finance IPO has garnered a robust response from investors, closing with an impressive subscription of 67.37 times by 11th September 2024 at 5:01:08 PM (Day 3). The public issue witnessed substantial demand across various investor categories, with the Qualified Institutional Buyers (QIB) category leading the charge. The QIB segment was subscribed 222.05 times, reflecting significant interest from institutional investors.

The Non-Institutional Investors (NII) category demonstrated strong engagement, subscribing 43.92 times, with big NIIs (bids above ₹10L) subscribing 50.53 times and smaller NIIs (bids below ₹10L) subscribing 30.70 times. Retail investors showed moderate interest, with the IPO being subscribed 7.32 times in this category. The Employee portion was subscribed 2.09 times, while the Others category saw a subscription of 18.45 times. This strong response across all categories underscores the positive market sentiment towards Bajaj Housing Finance's offering and suggests optimistic investor expectations for the company's future performance.

How to Check Bajaj Housing Finance IPO Allotment Status:

How do you Check Bajaj Housing Finance IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web gateway of Kfin Technologies Limited. (https://ris.kfintech.com/ipostatus/)

Step 2: From the selection menu, choose Bajaj Housing Finance IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Bajaj Housing Finance IPO Allotment Status on BSE?

On the website of the Bombay Stock Exchange (BSE), investors who placed a bid for the Bajaj Housing Finance IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Bajaj Housing Finance Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Bajaj Housing IPO Timeline:

Bajaj Housing Finance IPO Subscription Status

The Bajaj Housing Finance IPO received 67.37 subscriptions. By 11th September 2024 at 5:01:08 PM (Day 3), the public issue had been subscribed 7.32 times in the retail category, 222.05 times in the QIB category, and 43.92 times in the NII category.

Subscription Day 3 (as of 5:01:08 PM)
Total Subscription: 67.37 times.
QIBs: 222.05 times.
Non-institutional investors: 43.92 times.
Retail investors: 7.32 times.
Employees: 2.09 times.
Others: 18.45 times.

Subscription Day 2
Total Subscription: 8.08 times.
QIBs: 7.91 times.
Non-institutional investors: 17.57 times.
Retail investors: 4.25 times.
Employees: 1.14 times.
Others: 10.31 times.

Subscription Day 1
Total Subscription: 2.26 times.
QIBs: 1.14 times.
Non-institutional investors: 4.71 times.
Retail investors: 1.79 times.
Employees: 0.38 times.
Others: 3.29 times.

Bajaj Housing Finance IPO Details 

Bajaj Housing Finance's initial public offering (IPO) is a book-built issue amounting to ₹6,560.00 crores. This offering consists of a fresh issue of 50.86 crore shares aggregating to ₹3,560.00 crores and an offer for sale of 42.86 crore shares aggregating to ₹3,000.00 crores.

The bidding process for the Bajaj Housing IPO commenced on 9th September 2024 and concluded on 11th September 2024. The allotment results for this IPO are anticipated to be finalised on 12th September 2024. Furthermore, the shares of Bajaj Housing Finance are set to be listed on the BSE and NSE, with a provisional listing date scheduled for 16th September 2024.

The Bajaj Housing Finance IPO price range has been established between ₹66 and ₹70 per share. Investors must apply for a minimum lot size of 214 shares, which requires a minimum investment of ₹14,980 for retail investors. For small non-institutional investors (sNII), the minimum investment consists of 14 lots (2,996 shares), totalling ₹209,720. In contrast, for big non-institutional investors (bNII), the minimum investment is 67 lots (14,338 shares), amounting to ₹1,003,660.

Kotak Mahindra Capital Company Limited, Bofa Securities India Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, SBI Capital Markets Limited, Jm Financial Limited and Iifl Securities Ltd serve as the book-running lead managers for the Bajaj Housing Finance IPO. Kfin Technologies Limited is designated as the registrar for this offering.

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