The share allotment for the Bajaj Housing Finance IPO is expected to be finalized today, September 12. This IPO, backed by Bajaj Finance and Bajaj Finserv, attracted a strong response from investors.
The IPO, which was open from September 9 to 11, aimed to raise ₹6,560 crore. It saw bids for over 4,622 crore shares against 72.75 crore shares on offer, leading to an oversubscription of 63.56 times. The total subscription amount exceeded ₹3 lakh crore.
- The retail portion was subscribed 7.3 times.
- Non-institutional investors (NIIs) subscribed 44 times.
- Qualified institutional buyers (QIBs) led the demand, with a subscription of 222 times.
With such high demand, the allotment process is expected to be competitive.
How to Check Bajaj Housing Finance IPO Allotment Status
Investors can check their allotment status online via the websites of the IPO registrar, Kfin Technologies, or the stock exchanges (BSE and NSE). Here’s how:
On the BSE Website:
- Visit the IPO Allotment Status page on the BSE website.
- Select ‘Equity’ as the issue type.
- Choose ‘Bajaj Housing Finance’ from the dropdown.
- Enter your IPO application number or PAN number.
- Click ‘Search’ to view the allotment status.
On Kfin Technologies:
- Go to the Kfin Technologies website.
- Select ‘Bajaj Housing Finance’ from the IPO list.
- Choose your identifier (PAN, Application number, DP/Client ID, or Account No/IFSC).
- Enter the required details and click ‘Submit’ to view your status.
Investors are advised to keep their details handy to check the status quickly.
Key Details of the Bajaj Housing Finance IPO
- The IPO raised ₹6,560 crore, including ₹3,560 crore from fresh share sales and ₹3,000 crore via an offer-for-sale (OFS).
- ₹1,758 crore was raised from anchor investors, reducing the remaining IPO size to ₹4,802 crore.
- The IPO was priced at ₹66-70 per share, with a minimum lot size of 214 shares.
Bajaj Housing Finance shares are expected to be listed on the BSE and NSE on September 16.
