The share allotment status in the initial public offering (IPO) of Bajaj Housing Finance is set to be finalised today, September 12. The company, promoted by Bajaj Finance and Bajaj Finserv, saw a robust response to its IPO.

Bajaj Housing Finance IPO, which was open for subscription from September 9 to September 11, was a significant success.

The company aimed to raise ₹6,560 crore, with the issue attracting bids for over 4,622 crore shares against 72.75 crore shares on offer. This resulted in an oversubscription of 63.56 times, with the total subscription amount exceeding ₹3 lakh crore.

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The retail portion of the IPO was subscribed 7.3 times, while the category reserved for non-institutional investors (NIIs) was booked 44 times. The qualified institutional buyers (QIBs) category saw the highest interest, with subscriptions soaring 222 times. Given this substantial demand, the allotment process is expected to be highly competitive.

How to check Bajaj Housing Finance IPO allotment status

Once the allotment is finalised, investors can check their allotment status online through the websites of the IPO registrar, Kfin Technologies, or the stock exchanges (BSE and NSE). Here’s a step-by-step guide on how to check the allotment status online:

To check the allotment status on the BSE website:

1. Visit the IPO Allotment Status page on the BSE website.

2. Select ‘Equity’ as the issue type.

3. Choose ‘Bajaj Housing Finance’ from the drop-down menu.

4. Enter your IPO application number or PAN number.

5. Click ‘Search’ to view your allotment status.

To check allotment status on the registrar’s website (Kfin Technologies):

1. Go to the Kfin Technologies website.

2. Select ‘Bajaj Housing Finance’ from the list of IPOs.

3. Select your identifier (PAN, Application number, DP/Client ID, or Account No/IFSC).

4. Enter the required details and click ‘Submit’ to view your status.

Further, the Bajaj Housing Finance IPO allotment status can also be checked online on the NSE website.

Investors are advised to keep their application details handy to check their status quickly.

Bajaj Housing Finance shares are set to be listed on the BSE and the National Stock Exchange (NSE) on September 16.

Key details of Bajaj Housing Finance IPO

Bajaj Housing Finance aimed to raise ₹6,560 crore through its IPO, which comprised a fresh share sale of shares worth ₹3,560 crore and ₹3,000 crore via an offer-for-sale (OFS). Out of the total issue, ₹1,758 crore was already raised through anchor investors, reducing the remaining IPO size to ₹4,802 crore.

The primary objective of this IPO was to comply with the Reserve Bank of India’s (RBI) mandatory requirement for “upper layer” non-banking financial companies (NBFCs) to list within three years of being notified, which in Bajaj Housing Finance’s case is by September 2025.

The IPO was priced within a fixed range of ₹66-70 per share, with a minimum lot size of 214 equity shares. Investors were required to place bids in multiples of this lot size.

Additionally, the proceeds from the IPO will be used to augment the company’s capital base to support future business growth, including onward lending.

About Bajaj Housing Finance

Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015. The company has been offering mortgage loans since the financial year 2018 and is a part of the Bajaj Group, a diversified conglomerate with interests across various sectors.