Bajaj Housing Finance Sets IPO Price Band at Rs 66-70 per Share
Bajaj Housing Finance has set the price band for its initial public offering (IPO) at Rs 66-70 per share, aiming to raise Rs 6,560 crore. The company plans to utilize the funds for business expansion and to meet its capital requirements.
Bajaj Housing FinanceIpoPrice BandRs 6670 Per ShareInitial Public OfferingReal Estate NewsSep 04, 2024
The IPO, which is scheduled to open on September 9, 2024, will comprise a fresh issue of shares worth Rs 4,750 crore and an offer for sale of up to 15,300,000 equity shares by the promoter, Bajaj Finance Limited.
Bajaj Housing Finance, a subsidiary of Bajaj Finance Limited, is a leading housing finance company in India, offering a range of housing loan products to its customers. The company has a strong presence in the Indian housing finance market, with a network of over 100 branches across the country.
The IPO price band has been set at Rs 66-70 per share, with a face value of Rs 10 per share. The issue will be listed on the BSE and NSE stock exchanges.
About Bajaj Housing Finance
Bajaj Housing Finance Limited is a subsidiary of Bajaj Finance Limited, a leading financial services company in India. Bajaj Housing Finance offers a range of housing loan products to its customers, including home loans, plot loans, and construction loans. The company has a strong presence in the Indian housing finance market, with a network of over 100 branches across the country.
Bajaj Finance Limited is a leading financial services company in India, offering a range of financial products and services to its customers. The company has a strong presence in the Indian financial services market, with a network of over 1,000 branches across the country.
Frequently Asked Questions
What is the price band for the Bajaj Housing Finance IPO?
The price band for the Bajaj Housing Finance IPO is Rs 66-70 per share.
What is the issue size of the Bajaj Housing Finance IPO?
The issue size of the Bajaj Housing Finance IPO is Rs 6,560 crore.
What is the purpose of the Bajaj Housing Finance IPO?
The purpose of the Bajaj Housing Finance IPO is to raise funds for business expansion, meeting capital requirements, and other corporate purposes.
Who is the promoter of Bajaj Housing Finance?
The promoter of Bajaj Housing Finance is Bajaj Finance Limited.
Where will the Bajaj Housing Finance IPO be listed?
The Bajaj Housing Finance IPO will be listed on the BSE and NSE stock exchanges.
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