Bajaj Housing Finance Ltd IPO
- Status: Upcoming
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shares
Minimum Investment
IPO Listing Details
- Listing Date
16 Sep 2024
- Listing Price
₹150.00
- Listing Change
114.29%
- Last Traded Price
₹125.93
IPO Details
- Open Date
TBA
- Close Date
TBA
- IPO
Price Range
TBA
- IPO
Size
TBA
- Listing Exchange
TBA
- Listing Date
TBA
IPO Timeline
Initial public offer of up to [*] equity shares of face value of Rs. 10 each (Equity Shares) of Bajaj Housing Finance Limited (Company) for cash at a price of Rs. [*] per equity share (including a share premium of Rs. [*] per equity share) (Offer Price) aggregating up to Rs. 7000.00 crores (the Offer) comprising a fresh issue of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 4000.00 crores (Fresh Issue) and an offer for sale (the Offer for Sale) of up to [*] equity shares of face value of Rs. 10 each aggregating up to Rs. 3000.00 crores by Bajaj Finance Limited (Promoter Selling Shareholder) (Offered Shares). The offer shall constitute [*]% of the post-offer paid-up equity share capital of the company. The offer includes a reservation of up to [*] equity shares of face value of Rs. 10 each, aggregating up to Rs. [*] crores (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible employees (Employee Reservation Portion) and a reservation of up to [*] equity shares of face value of Rs. 10 each, aggregating up to Rs. [*] crores (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible shareholders (Shareholders Reservation Portion). The offer less the employee reservation portion and the shareholders reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively. The company, in consultation with the brlms, may consider an issue of specified securities, as may be permitted under applicable law, at its discretion, the roc (pre-ipo placement). The pre-ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (regulation) rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken) shall be appropriately made in the relevant sections of the red herring prospectus and the prospectus. The face value of the equity shares is Rs. 10 each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot shall be decided by the company.
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