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Market | Equity | Daily Market Tracker | IPO Synopsis
IPO SYNOPSIS
Bajaj Housing Finance Ltd
Registered Office:
Bajaj Auto Ltd Complex,Mumbai Pune Road Akurdi,
Pune - 411035,
Maharashtra, India.
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
70.00-0.00
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
6560.00
 
Post Issue
8328.15
 
Issue Price
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
No Data Available!!!
.
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IN-DP-CDSL-266-2004 (DEPOSITORY)
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