- By Aditya Pratap Singh
- Thu, 12 Sep 2024 05:27 PM (IST)
- Source:JND
Bajaj Housing Finance Limited's IPO received a strong response from the investors as its Rs 6,560 crore public issue was subscribed nearly 68 times in three days. According to NSE data, 72,75,75,756 shares were issued in the IPO and bids were placed for 46,27,48,43,832 shares.
The portion reserved for the most qualified institutional buyers (QIBs) was subscribed 209.36 times, while the segment of non-institutional investors was subscribed 41.50 times. However, the retail investor's quota was subscribed only 7.02 times.
The investors who have placed a bid for the Bajaj Housing Finance issue can check their allotment status on the Bombay Stock Exchange (BSE) website and the registrar's website as well.
How to check Bajaj Housing Finance IPO Allotment Status
- Visit https://www.bseindia.com/investors/appli_check.aspx.
- Under "Issue Type", select "Equity".
- In the drop-down menu under "Issue Name", select "Bajaj Housing Finance Limited".
- Enter your application number and PAN
- Click on the "I am not a robot" checkbox and submit. In a while, you will have the status
Steps to check Bajaj Finance IPO Share Allotment status using the registrar website
- Go to the KFin Technologies website.
- In the drop-down menu, select the IPO for which you want to check the allotment status.
- Select one of the three modes: application number, demat account number, or PAN ID.
- In the application type field, select "ASBA" or "non-ASBA".
- Enter the details of the mode you selected in Step 3.
- Fill in the captcha and click on the Submit tab.
Bajaj Housing Finance IPO GMP
Following the path of stellar bidding, the shares of Bajaj Housing Finance are trading a premium of Rs 78, up 112% against the issue price, in the grey market (Bajaj Housing Finance Grey Market Premium).
Bajaj Housing Finance IPO Details
The issue was oversubscribed within hours after it opened on September 9. Earlier, The company raised Rs 1,758 crore from anchor investors ahead of the issue opening on Friday. The company had set a price band of Rs 66–70 per share. The IPO was a combination of up to Rs 3,560 crore worth of fresh shares and Rs 3,000 crore in existing shares through an offer for sale (OFS) by the parent company Bajaj Finance.
The Bajaj Housing Finance IPO is scheduled to be listed on the BSE and the NSE on September 16, 2022.
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