Bajaj Housing Finance company provides a variety of financial options for both individuals and businesses alike such as home loans and loans against property (LAP). They mainly concentrate on offering home loans to customers while also extending services, like lease rental discounting and developer financing to cater to diverse clients ranging from homebuyers to large real estate developers.
Bajaj Housing Finance’s diversified mortgage product offerings and focus on prime housing have led to the following achievements :
– Largest non-deposit-taking HFC in terms of AUM within seven years of starting mortgage operations.
– Second largest HFC and eighth largest NBFC-UL in India by AUM.
– Second highest loan disbursement by HFCs in India, with ₹446.6 billion in disbursements for Fiscal 2024.
– Lowest GNPA and NNPA ratios among large HFCs, at 0.27% and 0.10%, respectively.
The company runs a network of 215 branches in 174 locations spread across 20 states and three union territories utilizing both indirect loan sourcing methods. Their hybrid approach coupled with an emphasis, on acquiring self-owned properties for LAP allows them to reduce risk exposure while broadening their loan portfolio.
Bajaj Housing Finance has achieved the highest possible credit ratings in India (CRISIL AAA/stable and IND AAA/stable for long-term ratings; CRISIL A /+/ and IND A /+/, for short-term ratings). The company’s growth and solid credit quality are sustained by risk management practices and strong portfolio performance.
Bajaj Housing Finance IPO Complete Details:
Bajaj Housing Finance IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Bajaj Housing Finance is Around 53 Rs.
Objects Of Issue:
They are augmenting their capital base to meet the future business requirements of the company for onward lending.
Promoters:
- BAJAJ FINANCE LIMITED
- BAJAJ FINSERV
FAQs:
When Bajaj Housing Finance IPO is Opening?
Bajaj Housing Finance IPO is Opening on 09 September 2024.
When is the Bajaj Housing Finance IPO Closing?
Bajaj Housing Finance IPO is Closing on 11 September 2024.
What is the Issue Size of the Bajaj Housing Finance IPO?
The IPO Issue Size of Bajaj Housing Finance is 6,560.00 Crore.
Price Band of Bajaj Housing Finance IPO?
The price Band of the Bajaj Housing Finance IPO is 66 to 70 rupees per share.
What is the minimum investment for a Bajaj Housing Finance IPO?
The minimum investment for the Bajaj Housing Finance IPO is 14,980 rupees.
Allotment Date of Bajaj Housing Finance IPO?
The Allotment of Bajaj Housing Finance IPO is on 12 September 2024.
Listing Date of Bajaj Housing Finance IPO?
The Listing Of Bajaj Housing Finance is Scheduled on 16 September 2024.
Who is the Lead Manager of Bajaj Housing Finance?
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. are the Lead Managers of Bajaj Housing Finance
Where To Check the Allotment of Bajaj Housing Finance IPO?
The allotment status for the Bajaj Housing Finance IPO will be accessible on the Kfin Technologies Limited website,
Bajaj Housing Finance IPO is going to be listed at?
Bajaj Housing Finance IPO is going to be listed at BSE & NSE.
What is the Lot Size of the Bajaj Housing Finance IPO?
The lot size of the Bajaj Housing Finance IPO is 214 Shares.
What is the P/E Ratio of Bajaj Housing Finance?
The P/E Ratio of the Bajaj Housing Finance is 31.62.
What is the EPS of the Bajaj Housing Finance?
The EPS of the Bajaj Housing Finance is 2.21.