Bajaj Housing Finance IPO Allotment status check: Bajaj Housing Finance shares are likely to be allotted to successful IPO bidders today (Thursday, 12 September) after the record-high subscription, topping Rs 3 lakh crore, for the Rs 6,560-crore issue -- a first in India.
The record subscription for Bajaj Housing Finance IPO came amid strong demand from institutional and non-institutional investors. Before this, Coal India Ltd (2008) and Mundra Port (2007) IPOs had topped Rs 2 lakh crore in subscription amounts.
Bajaj Housing Finance’s initial public offering was subscribed over 63.61 times at the close of the last day of bidding 11 September. The public issue got bids for over 4,628 crore shares against 72.75 crore shares on offer, across both BSE and NSE, as of 7 pm.
The portion meant for non-institutional investors in Bajaj Housing Finance IPO got subscribed 41.51 times. The Qualified Institutional Buyers (QIBs) quota received over 209 times subscription. The quota for Retail Individual Investors (RIIs) has garnered over 7 times subscription.
Those who bid to the IPO issue can check their allotment status on the official website of the registrar or on the BSE.
How to check Bajaj Housing Finance IPO allotment status on KFin Technologies
Step 1: Open the direct link to the registrar on this URL (https://evault.kfintech.com/ipostatus/).
Step 2: Select the company from the dropdown menu.
Step 3: Investors can check the allotment status by filling in details like PAN, Application number or DP client ID.
Step 4: Press the Submit button
Step 5: The allotment status will be shown in the window.
Bajaj Housing Finance Subscription Status Full Data
How to check Bajaj Housing Finance IPO allotment status on BSE
Step 1: Open the website of Bombay Stock Exchange (BSE).
Step 2: Click on 'Investors' option.
Step 3: On the 'Investor Services' dropdown, click on 'Status of Issue Application'.
Step 4: Click on 'Application Status Check'.
Step 5: Select Equity in the issue type.
Step 6: Fill in the required details including the 'Issue Name'.
Step 7: Enter PAN number and click on Search to view the status
Bajaj Housing Finance IPO GMP jumps further
Bajaj Housing Finance IPO GMP (grey market premium) has risen to about Rs 72 in the unlisted market on the day of allotment today, reflecting a premium of over 100 percent due to strong demand for the company's shares, according to a few platforms that track grey market activity.
Bajaj Housing Finance shares will be listed on BSE and NSE on 12 September.
The funds from the fresh issue will be used to strengthen the company’s capital base to meet future capital needs. The IPO included a fresh issue of equity shares worth up to Rs 3,560 crore, along with an offer-for-sale (OFS) of equity shares amounting to Rs 3,000 crore by its parent company, Bajaj Finance.
The share sale was carried out to meet the Reserve Bank of India's (RBI) rule, which mandates that upper-layer non-banking finance companies must be listed on stock exchanges by September 2025.
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