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15 Days Price Change

Bajaj Housing Financ IPO

Closing In

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Profile
Issue Size --
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Price Range 66  to  70 per share
Profile
Min Investment ₹70
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Bajaj Housing Finance Limited is a prominent financial services company specializing in providing housing finance solutions. As a part of the Bajaj Finserv Group, the company focuses on offering a range of products related to home loans, including loans for purchasing, constructing, and renovating residential properties. They also provide loans against property and other related financial services. Bajaj Housing Finance Limited aims to cater to the diverse needs of individuals seeking financial support for real estate investments, offering competitive interest rates, flexible repayment options, and personalized customer service. The company leverages its extensive network and expertise in the financial sector to deliver efficient and accessible housing finance solutions to a broad customer base. Read More

Basic Info

Face Value 10 per share

Price 66  to  70 per share

P/E (x) 25.9

Sales( Cr.) 9576

PAT( Cr.) 2163

EPS 2.7

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

Bajaj Finance Limited Bajaj Finserv Limited

Pre Issue Share Holding 79.96%

Post Issue Share Holding 53.31%

Listing Details:

Listing Price: 150

Listing Gain: 53.33%

Current Price: 84.9

Gain On Issue: 84.9 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Sep 09, 2024
Closing Date Sep 11, 2024
Allotment Sep 12, 2024
Refund Sep 13, 2024
Delivery of Shares Sep 13, 2024
Listing Date Sep 16, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 214 14,980
Retail (Max) 13 2782 194,740
S-HNI (Min) 14 2996 209,720
S-HNI (Max) 66 14124 988,680
B-HNI (Min) 67 14338 1,003,660

Objective of the Issue

1. Augment capital base to meet future business requirements of the company towards onward lending.

Issue

Category Nos Bid Bid (x)
QIB 468571429 104046285809 222x
NII 140571429 6182331447 44x
Retail 328000000 2430480000 7.4x
EMP 0 0 0x
Total 937142858 63191542915 67.4x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Bajaj Housing Financ Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 0 0 3 106 1149 2646 3155 3767 5665 7617 9576
Other Income 0 0 0 0 0 0 1 0 1 0 0
Total Income 0 0 3 106 1149 2646 3155 3767 5665 7618 9576
Total Expenditure 0 0 3 48 315 438 553 624 719 722 783
Operating Profit 0 0 0 58 835 2208 2602 3143 4947 6896 8793
Interest Expense 0 0 0 47 685 1618 1968 2157 3213 4695 5981
Depreciation 0 0 0 0 7 23 22 26 33 40 41
Profit Before Tax 0 0 0 11 149 567 613 960 1700 2161 2770
Provision for Tax 0 0 0 1 39 146 160 250 442 430 607
Profit After Tax 0 0 0 10 110 421 453 710 1258 1731 2163
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 10 110 421 453 710 1258 1731 2163
Adjusted Earnings Per Share 0 0 0 0.1 0.3 0.9 0.9 1.5 1.9 2.6 2.6

Bajaj Housing Financ Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 25 25 325 1550 3658 5585 6032 6741 10503 12234 19947
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 2742 11640 24087 28658 37495 53162 52725 62856
Current Liability 0 0 0 408 3956 1688 3167 4288 1771 17456 20502
Other Liabilities & Provisions 0 0 0 -4 -5 13 -14 -13 217 851 1487
Total Liabilities 25 25 325 4697 19250 31372 37843 48512 65654 83264 104792
Loans 0 0 0 3570 17332 27975 33419 46482 62114 79301 99513
Investments 12 12 12 14 0 0 0 667 1422 520 1312
Fixed Assets 0 0 2 3 38 86 79 97 113 123 141
Other Loans 0 0 0 4 8 19 11 17 199 868 1523
Other Non Current Assets 0 0 0 0 0 0 0 1 0 231 302
Current Assets 13 13 311 1106 1873 3292 4335 1246 1806 2221 2001
Total Assets 25 25 325 4697 19250 31372 37843 48512 65654 83264 104792

Bajaj Housing Financ Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 111 107 659 462 407 94 64
Cash Flow from Operating Activities -0 0 -0 -3370 -13366 -10244 -5076 -12481 -14332 -14600 -17075
Cash Flow from Investing Activities -11 0 -297 -634 -743 -694 -797 2197 -611 -555 -798
Cash Flow from Financing Activities 11 0 297 4114 14105 11490 5676 10228 14630 15125 17870
Net Cash Inflow / Outflow -0 0 0 111 -4 552 -197 -55 -313 -30 -2
Closing Cash & Cash Equivalent 0 0 0 111 107 659 462 407 94 64 62

Bajaj Housing Financ Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0.01 0 0.07 0.31 0.86 0.93 1.45 1.87 2.58 2.6
CEPS(Rs) 0 0.01 0 0.07 0.33 0.91 0.97 1.51 1.92 2.64 2.65
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 4.94 4.95 9.28 10 10.31 11.42 12.35 13.8 15.65 18.23 23.93
Net Profit Margin 0 0 3.83 9.61 9.55 15.92 14.37 18.84 22.2 22.73 22.59
Operating Margin 0 0 15.02 54.9 72.58 82.58 81.8 82.75 86.74 90.01 91.39
PBT Margin 0 0 3.83 10.27 12.94 21.45 19.44 25.48 30.01 28.37 28.93
ROA(%) 0.04 0.21 0.07 0.4 0.92 1.66 1.31 1.64 2.2 2.33 2.3
ROE(%) 0.04 0.21 0.07 1.08 4.22 9.12 7.81 11.11 14.59 15.23 13.45
ROCE(%) 0.04 0.21 0.27 2.41 7.14 8.73 7.5 7.26 8.74 9.43 9.56
Price/Earnings(x) 0 0 0 0 0 0 0 0 0 0 47.46
Price/Book(x) 0 0 0 0 0 0 0 0 0 0 5.15
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 111.74 41.34 16.25 11.27 11.34 12.2 10.65 9.92 19.28
EV/Core EBITDA(x) 2491.67 921.93 728.67 75.11 22.38 13.51 13.74 14.63 12.2 10.96 21
Interest Earned Growth(%) -100 0 0 3274.76 987.9 130.26 19.22 19.4 50.39 34.47 25.71
Net Profit Growth 107.06 571.49 126.44 8358.33 981.77 283.73 7.56 56.58 77.25 37.64 24.94
EPS Growth(%) 105.51 571.49 -67.65 1809.95 372.32 178.95 7.56 56.58 28.96 37.64 0.69
Interest Coverage(x) % 0 1993.25 1.34 1.23 1.22 1.35 1.31 1.44 1.53 1.46 1.46

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 26% 36% 29% 0%
Operating Profit CAGR 28% 41% 32% 0%
PAT CAGR 25% 45% 39% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -31% NA% NA% NA%
ROE Average 13% 14% 12% 7%
ROCE Average 10% 9% 9% 6%

Company Contact Information

Bajaj Housing Finance Ltd.

Bajaj Auto Limited Complex Mumbai - Pune Road Akurdi

IPO Lead Manager(s)

Bajaj Housing Finance Ltd.

Axis Capital Ltd.

BofA Securities India Ltd.

Goldman Sachs (India) Securities Pvt Ltd

IIFL Securities Ltd.

JM Financial Ltd.

Kotak Mahindra Capital Co Ltd

SBI Capital Markets Ltd

Registrar Info

Bajaj Housing Finance Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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