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Bajaj Housing Finance IPO Set to Raise Rs 6,560 Crore in September

Bajaj Housing Finance IPO Set to Raise Rs 6,560 Crore in September

Bajaj Housing Finance's IPO, the first from the Bajaj group in years, will open between September 9 and September 11, 2024. The company aims to raise Rs 6,560 crore, comprising a primary issue of Rs 3,560 crore and a secondary offering of Rs 3,000 crore.

The price band will be announced on September 3, with the anchor investor portion on September 6. Bajaj Housing Finance is targeting a valuation of Rs 56,000-59,000 crore. The IPO size was reduced from the initially planned Rs 7,000 crore. SEBI approved the IPO earlier this month.



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