Bajaj Housing Finance IPO share allotment status declared: The initial public offering of Bajaj Housing Finance contained ₹3,560 crore worth of fresh share issue while the remaining part was an offer-for-sale or OFS by its parent company Bajaj Finance thus making it a blend of both these processes.
The shares have been finalized in the IPO of Bajaj Housing Finance. Investors who submitted their bids can check whether or not they have received shares at the official portal maintained by registrars, Kfin Technologies Ltd also known as Kfintech and National Stock Exchange (NSE).
Bajaj Housing Finance was able to sell shares worth ₹6,560 crore for between ₹66 to ₹ 70 each during the period from September 9th to September 11th which saw a demand that amounted to 63 times the number of shares available for sale with 46,28,35,82,522 applications received compared to 72,75,75,756 offered.
| Category | Number of times subscription |
| Qualified Institutional Buyers (QIBs) | 209.36 |
| Non-institutional investors | 41.51 |
| Retail Individual Investors (RIIs) | 7.04 |
| Total | 63.61 |
The Bajaj Group company had secured ₹1,758 crore from anchor investors prior to the IPO. The IPO includes a fresh share issue of shares of up to ₹3,560 crore and an offer-for-sale or OFS of ₹3,000 crore by parent Bajaj Finance. The public offer proceeds will raise company capital in order to meet future capital requirements.
How to check on NSE the state of Bajaj Housing Finance IPO share allotment
1. Open the IPO allotment status portal of NSE and log in: www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp or https://www.bseindia.com/investors/appli_check.aspx
2. From the drop-down menu, click on ‘Bajaj Housing Finance‘
3. Fill up your PAN details
4. Provide your IPO application number
5. Hit ‘Submit’ button
6. Your allotment status will show up on the screen
Step-by-Step Process for Checking Bajaj Housing Finance IPO Share Allotment over Kfin Technologies
1. Go to https://ris.kfintech.com/ipostatus/ for Kfin Technologies IPO status homepage
2. Select ‘Bajaj Housing Finance’
3. Input application number or Demat Account / PAN
4. Type the captcha and submit
5. The screen will display the allotment status
Bajaj Housing Finance Limited is involved in providing funds to individual customers and corporations for buying and remodeling residential or business premises.