Bajaj Housing Finance IPO: Key Dates
The IPO will be opened for public subscription on Monday, September 9. It will be concluded on Wednesday, September 11. The share allotment of the Bajaj Housing Finance IPO will likely be finalised on September 12, while its shares will be listed on both BSE and NSE on September 16.
Bajaj Housing Finance IPO: Quota
A total of 50 per cent of the IPO has been reserved for qualified institutional buyers (QIB), 35 per cent for retail investors, and 15 per cent for high-networth individuals.
Apart from this, Bajaj Housing Finance has also reserved Rs 500 crore worth of shares under shareholder quota. Eligible shareholders of Bajaj Finance Limited and Bajaj Finserv Limited as of the Red Herring Prospectus date, i.e. August 30, 2024, would be eligible to apply for this Offer under the Shareholder’s Reservation Portion. Only bids received at or above the Offer Price will be considered in this category.
Bajaj Housing Finance IPO: Price Band
The price band of the Rs 6,560-crore much-awaited IPO has been fixed at Rs 66 to Rs 70 per share for the public issue.
Bajaj Housing Finance IPO: GMP Today
According to market observers, unlisted shares of Bajaj Housing Finance Ltd are trading Rs 50 higher in the grey market than its issue price. The Rs 50 grey market premium or GMP means the grey market is expecting a 71.43 per cent listing gain from the public issue. The GMP is based on market sentiments and keeps changing.
Posted By: Riya News Portal
Copyright © Riya News Portal 2024