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Bajaj Housing Finance Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Bajaj Housing Finance Ltd IPO

Registered Office: Bajaj Auto Ltd Complex,Mumbai Pune Road Akurdi , Pune - 411035 , Maharashtra , India.
Phone : 020 7187 8060   Fax:
Email :  bhflinvestor.service@bajajfinserv.in  
Website :  www.bajajhousingfinance.in
Initial public offer of 937,142,856* equity shares of face value of Re. 10 each ("Equity Shares") of Bajaj Housing Finance Limited ("Company") for cash at a price of (Rs)70 per equity share (including a share premium of (Rs)60 per equity share) ("Offer Price") aggregating to (Rs)6560.00 crores (the "Offer") comprising a fresh issue of 508,571,428* equity shares of face value of (Rs)10 each aggregating to (Rs)3560.00 crores ("Fresh Issue") and an offer for sale (the "Offer for Sale") of 428,571,428* equity shares of face value of (Rs)10 each aggregating to (Rs)3000.00 crores by Bajaj Finance Limited ("Promoter Selling Shareholder") ("Offered Shares"). The offer constituted 11.3% of the post-offer paid-up equity share capital of the company. the offer included a reservation of 28,571,428* equity shares of face value of (Rs)10 each, aggregating to (Rs)200.00 crores (constituting 0.3% of the post-offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion") and a reservation of 71,428,571* equity shares of face value of (Rs)10 each, aggregating to (Rs)500.00 crores (constituting 0.9% 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 offerand the net offer constituted 11.3% and 10.1% of the post-offer paid-up equity share capital of the company, respectively. The face value of the equity shares is (Rs)10 each. The offer price is 7 times the face value of the equity shares. *Subject to finalisation of basis of allotment

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-24 11-Sep-24 (Rs)70.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :214  Further Multiples of :214

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
Axis Capital Ltd
Project Financed through Current Offer 6560.00  
Post Issue Equity Share Capital 8328.15  
Issue Price (Rs)70.00  
 
Projects
Listing of the Equity Shares on the Stock Exchanges
Promoted By
Bajaj Finance Ltd  
Bajaj Finserv Ltd  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd