Founded in 2008, Bajaj Housing Finance offers tailored mortgage solutions with 308,693 active customers and a broad network of 215 branches.
The IPO will open for subscription on September 9, 2024, and close on September 11, 2024.
The total issue size is ₹6,560 crore, comprising a fresh issue of 50.86 crore shares worth ₹3,560 crore and an offer for sale of 42.86 crore shares worth ₹3,000 crore.
The price band is set at ₹66 to ₹70 per share, with a minimum investment of ₹14,980 for a lot of 214 shares.
Bajaj Housing Finance Limited's revenue grew by 34% and profit after tax surged by 38% in FY24, as compared to FY23.
The company plans to use the net proceeds to strengthen its capital base for future lending needs.
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