Bajaj Housing Finance IPO Details

1. Company Overview:

• Name: Bajaj Housing Finance Ltd.
• Industry: Housing Finance
• Parent Company: Bajaj Finserv Ltd.

2. IPO Details:

• Issue Size: This includes the total number of shares being offered and the monetary amount being raised. This could be a combination of fresh issue of shares and offer for sale (OFS) by existing shareholders.
• Price Band: The range within which the shares will be offered. For example, this might be ₹X to ₹Y per share.
• Lot Size: The minimum number of shares that can be applied for in one bid. For instance, this might be 10 shares per lot.

3. Subscription Dates:

• Start Date: [Date] (For example, September 9th, as mentioned)
• End Date: [Date] (The last day to submit bids for the IPO)

4. Objectives of the IPO:

• Fund Usage: Funds raised may be used for expanding operations, capital expenditure, repaying debt, or other corporate purposes.

5. Eligibility for Investment:

• Retail Investors: Individual investors who apply for shares within a specified limit.
• Qualified Institutional Buyers (QIBs): Institutional investors like mutual funds, insurance companies, and foreign investors.
• Non-Institutional Investors (NIIs): High-net-worth individuals and others who do not fall under retail or institutional categories.

6. Application Process:

• Online and Offline: Investors can apply through online trading platforms or by filling out physical application forms at designated locations.
• Demat Account: A demat account is required to hold shares electronically.

7. Allotment and Listing:

• Allotment Process: Shares are allotted based on demand. If the IPO is oversubscribed, allotment may be done through a lottery system.
• Listing: Shares will be listed on major stock exchanges such as NSE (National Stock Exchange) and BSE (Bombay Stock Exchange).

8. Prospectus and Additional Information:

• Draft Red Herring Prospectus (DRHP): Detailed document including financials, business model, risk factors, and management details.
• Final Prospectus: Updated version of the DRHP with final issue price and allotment details.

Summary:

The Bajaj Housing Finance IPO will offer shares within a specified price band and is open for subscription from [Start Date] to [End Date]. The funds raised are intended for corporate purposes such as expansion and debt repayment. Investors can apply through online or offline methods, and shares will be listed on major stock exchanges.

For the most accurate and current details, check the official IPO prospectus available on financial news websites, the company’s official website, or the stock exchanges where the IPO will be listed.