What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of Bajaj Housing Finance Limited IPO?

Bajaj Housing Finance Limited IPO has received a total subscription of 67.52 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

Bajaj Housing Finance Limited

ListedMainboard

Financial Services / BFSI · NSE / BSE

Bajaj Housing Finance Limited (BHFL), a part of Bajaj Finance Limited, has been serving customers since June 2008. Based in Pune, BHFL is a key player in India's financial sector, especially in the Non-Banking Financial Company (NBFC) category. Recognized as an 'Upper-Layer NBFC' by the Reserve Bank of India (RBI), the company offers various financial services like home loans, loans against property, and business loans. With AAA/Stable and A1+ credit ratings from CRISIL and India Ratings, BHFL is known for its strong financial health and reliability. As of March 2024, the company serves over 3 lakh customers across India with the support of 2,372 employees, making it a trusted name in the lending business.

Price Band

₹66 – ₹70

Issue Size

₹6560 Cr

Lot Size

214 shares

GMP

₹72

+102.9%

Est. Listing

₹142

at current GMP

Subscribed

67.52x

overall

Open

9 Sep 2024

11 Sep 2024

Allotment

13 Sep 2024

Refund

14 Sep 2024

Demat Credit

15 Sep 2024

Listing

16 Sep 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

67.52x

Total Demand

QIB Multiplier

222.05x

Institutions & Funds

NII / HNI

44.08x

High Net-Worth

Retail (RII)

7.54x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 67.52x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	167,428,580	37,177,059,692	222.05x
NIB	125,571,430	5,535,440,416	44.08x
HNIs(10L +)	83,714,286	4,230,257,840	50.53x
HNIs (2-10L)	41,857,143	1,305,182,576	31.18x
RETAIL	293,000,000	2,209,135,910	7.54x
EMPLOYEES	28,571,428	63,934,426	2.24x
Shareholder	71,428,571	1,331,827,074	18.65x
Total	811,571,438	51,852,837,934	67.52x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 6.43x

Category	Applications Reserved	Applications Received	Times Subscribed
HNIs(10L +)	27,942	245,538	8.79x
HNIs (2-10L)	13,971	392,498	28.09x
RETAIL	1,369,159	7,335,425	5.36x
Shareholder	—	936,447	0.00x
Employee	—	163,652	0.00x
Total Applications	1,411,072	9,073,560	6.43x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About Bajaj Housing Finance Limited Public Issue & Market Profile

Bajaj Housing Finance Limited is bringing an initial public offering (IPO) in the Financial Services / BFSI sector with an aggregate issue size of ₹6,560 Crores. The shares are offered at a price band of ₹66 to ₹70 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-09-11, the basis of allotment is scheduled to be finalized on 2024-09-13. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is Bajaj Housing Finance Limited IPO GMP today?

The latest Grey Market Premium (GMP) for Bajaj Housing Finance Limited IPO is ₹72 per equity share. Based on the upper price band of ₹66 to ₹70 per equity share, the estimated listing price is ₹142 (+102.9% expected listing gain).

What is the expected profit per lot for Bajaj Housing Finance Limited IPO?

With a lot size of 214 shares and current GMP of ₹72, the expected profit per application lot is approx ₹15,408 (+102.9% gain). Minimum application cost is approx ₹14,980.

What is the issue size and price band for Bajaj Housing Finance Limited IPO?

The Bajaj Housing Finance Limited IPO aggregate issue size is ₹6,560 Crores with an equity price band set at ₹66 to ₹70 per equity share. The retail lot size is 214 shares requiring a minimum capital outlay of approx. ₹14,980.

How can I check Bajaj Housing Finance Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 67.52x (Retail: 7.54x, QIB: 222.05x, NII: 44.08x). You can track live multiples directly on our dedicated subscription page.

Where and when will Bajaj Housing Finance Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2024-09-13. Investors can verify status using PAN card or application number.

When is the listing date for Bajaj Housing Finance Limited IPO?

Bajaj Housing Finance Limited shares are scheduled to list on NSE and BSE on 2024-09-16.