Bajaj Housing Finance Ltd IPO Review & Analysis
Mainboard
₹66 - ₹70 per share
67.43x (Blockbuster)
Comprehensive analysis & recommendation
Key Metrics
| Metric | Value |
|---|---|
| Company | Bajaj Housing Finance Ltd |
| Category | Mainboard |
| Price Band | ₹66 - ₹70 per share |
| Lot Size | 214 Shares |
| Issue Size | ₹6,560 Cr |
| Minimum Investment | ₹14,980 |
| Subscription | 67.43x (Blockbuster) |
| GMP | Listed at ₹150 (+114%) 🎉 |
| Lead Manager | Kotak Mahindra Capital |
| Registrar | KFin Technologies Ltd |
| Open Date | Sep 09, 2024 |
| Close Date | Sep 11, 2024 |
| Allotment Date | Sep 12, 2024 |
| Listing Date | Sep 16, 2024 |
Pros & Cons
Strengths
- Strong subscription of 67.43x (Blockbuster) indicates high investor demand
- Positive GMP of Listed at ₹150 (+114%) 🎉 suggests good listing gains
- Mainboard IPO with higher regulatory scrutiny and disclosure
- Managed by reputed lead manager: Kotak Mahindra Capital
- Listed on exchanges at ₹150 per share against issue price of ₹70, doubling inves…
Risks
- Very high subscription – low allotment probability for retail
Should You Apply?
Our Verdict: Apply
Bajaj Housing Finance Ltd shows strong indicators including robust subscription demand, healthy grey market premium, and mainboard category assurance. Retail investors with moderate to high risk appetite may consider applying for listing gains.
Disclaimer: This is an auto-generated analysis based on publicly available data. This is NOT investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.
About Bajaj Housing Finance Ltd
Listed on exchanges at ₹150 per share against issue price of ₹70, doubling investor capital.
Frequently Asked Questions
Based on our analysis, Bajaj Housing Finance Ltd IPO receives a score of 9.5/10. Our recommendation: Apply. Key factors include 67.43x (Blockbuster), GMP of Listed at ₹150 (+114%) 🎉, and Mainboard category listing. Always do your own research and consult a SEBI-registered advisor.
TeleTrade rates Bajaj Housing Finance Ltd IPO at 9.5/10 based on subscription demand, grey market premium, company fundamentals, and market conditions. This is an auto-generated rating and not investment advice.
Key risks include market volatility, sector-specific challenges, general market conditions, and potential listing below issue price. Always assess your risk tolerance before applying.
Bajaj Housing Finance Ltd IPO issue size is ₹6,560 Cr with a price band of ₹66 - ₹70 per share. Minimum investment is ₹14,980 for retail investors applying for 1 lot of 214 Shares.
The lead manager for Bajaj Housing Finance Ltd IPO is Kotak Mahindra Capital and the registrar is KFin Technologies Ltd. The registrar handles allotment process and share credit to demat accounts.
Open
Sep 09, 2024
Close
Sep 11, 2024
Allotment
Sep 12, 2024
Listing
Sep 16, 2024