Bajaj Housing Finance IPO Allotment Date: The net public offer was at Rs 4,802 crore and anchor investor quota at Rs 1,758 crore. The issue was oversubscribed 63.61 times.
Highest amount received for any IPO at the upper end of price band.
Bajaj Housing Finance IPO: The Rs 6,560-crore initial public offering (IPO) of Bajaj Housing Finance Ltd, which closed on Wednesday, received a huge investor response with 88.94 lakh applications from investors worth Rs. 3.24 lakh crore, the highest amount received for any IPO at the upper end of the price band.
The net public offer was at Rs 4,802 crore and anchor investor quota at Rs 1,758 crore. The issue was oversubscribed 63.61 times.
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The qualified institutional buyers (QIB) portion subscribed 209.36 times at the lower end of price band and subscribed 222 times at upper end of price band. Subscription in the QIB category was Rs 260,239 crore at upper end of price band.
The HNI-NII portion subscribed 43.97 at the upper end of price band. Subscription in HNI-NII category was Rs. 38,605 crore at the upper end of price band. Retail portion subscribed 6.98 times at lower end of price band and 7.32 times at upper end of price band. Subscription in the retail category was Rs 15,011 crore.
After listing, Bajaj Housing Finance could possibly have market capitalisation of over Rs 1 lakh crore and could possibly become the most valued housing finance company and upper layer housing finance NBFC on the Indian stock market, said an investment banker.
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Nearly a dozen companies are set to raise approximately Rs 20,000 crore through initial public offerings from the market in September.
According to a note by Pantomath Capital Advisors, the outlook for the Indian IPO market remains promising, with domestic companies projected to raise over Rs 1.50 lakh crore through primary issuances in the next 12 months, signaling continued activity and strong investor interest ahead.
The IPO fund raising in August hit an all-time high since May 2022, the note said. In the past few months, IPOs in the small and medium enterprises (SME) space have seen a lot of traction.
Highest amount received for any IPO at the upper end of price band. 
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