The eagerly awaited Bajaj Housing Finance Initial Public Offering (IPO) share allotment will be finalized today, Thursday, September 12. Many investors who applied for this IPO are excited to find out if they have received the shares. If you are one of the investors, you can easily check the status of your application online.
How to Verify Bajaj Housing Finance IPO Allotment Status?
The allotment status for Bajaj Housing Finance IPO can be checked on the registrar’s website, Kfin Technologies Ltd. Here’s a simple guide to help you find your allotment status:
- Visit the Kfin Technologies Website: Go to the IPO allotment status page of Kfin Technologies Ltd. The direct link to check the allotment is here.
- Select the IPO: Choose “Bajaj Housing Finance IPO” from the drop-down menu on the website.
- Enter Your Details: You have three options to check your status:
- Enter your application number and captcha code.
- Enter your Demat account number and captcha code.
- Enter your PAN number and captcha code.
- Submit the Information: Click on the “Submit” button after filling in the required details. You will be able to see your allotment status, indicating whether you have received the shares or not.
How to Check Allotment Status on BSE and NSE?
You can also check the IPO allotment status on the Bombay Stock Exchange (BSE) or National Stock Exchange (NSE) websites:
For BSE:
- Visit the BSE IPO allotment page: BSE Allotment Page.
- Choose ‘Equity’ under the ‘Issue Type’ section.
- Select ‘Bajaj Housing Finance IPO’ from the ‘Issue Name’ dropdown.
- Please enter your application number or PAN and select ‘Search’ to continue.
For NSE:
- Visit the NSE IPO allotment page: NSE Allotment Page.
- Register using your PAN, password, and username.
- Log in and follow the instructions to check the status of your allotment.
The Bajaj Housing Finance IPO was open for subscription from Monday, September 9, to Wednesday, September 11. The IPO received a strong response, with the overall subscription reaching 63.55 times. Here is an overview of the subscription details:
- Qualified Institutional Buyers (QIBs): 209.36 times
- Non-Institutional Investors (NIIs): 41.44 times
- Retail Investors: 6.95 times
Due to this high demand, there is a good chance that some investors may not receive the shares they applied for. If you do not get any shares, the refund process will begin on Friday, September 13. For those who receive shares, they will be credited to their Demat accounts on the same day.
The Grey Market Premium (GMP) for Bajaj Housing Finance IPO is currently +74. This means that the shares are trading at a premium of ₹74 in the grey market, which is an unofficial market where IPO shares are traded before they are listed on the stock exchanges. The estimated listing price of the shares is around ₹144, which is a significant increase of about 105.71% from the IPO issue price of ₹70.
The GMP has fluctuated between ₹36 and ₹74 over the past few days, but today’s premium suggests a strong potential for a good listing. However, it is important to note that GMP is a speculative figure and may change rapidly.
Important Dates to Remember:
- Allotment Date: Thursday, September 12
- Refund Initiation: Friday, September 13
- Shares Credited to Demat Account: Friday, September 13
- Listing Date: Monday, September 16
If you have applied for the Bajaj Housing Finance IPO, make sure to check your allotment status today. Whether you are successful in getting the shares or not, keep an eye on the official updates and prepare accordingly for the listing. Remember, while the Grey Market Premium offers some indication of demand, it is essential to consider other factors and consult a financial advisor before making any investment decisions.