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Bajaj Housing Finance IPO to Open Between September 9-11; Aims to Raise Rs 6,560 Crore

  • Bajaj Housing Finance's IPO, the first from the Bajaj group in years, will open from September 9 to 11, as per the RHP.
  • The total issue size is Rs 6,560 crore, with a primary portion of Rs 3,560 crore and a secondary portion of Rs 3,000 crore.
  • The price band will be announced on September 3, and the anchor portion will be on September 6, according to the RHP filing.
  • Moneycontrol reported on August 16 that Bajaj Housing Finance is targeting an IPO valuation of Rs 56k cr-Rs 59k and may trim its issue size from Rs 7,000 crore as per the draft papers.
  • The IPO launch is set for the first half of September.

Source: Moneycontrol

11mo ago
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