Check out the Grey Market Premium (GMP), Kostak rates, and Subject to Sauda rates for the Bajaj Housing Finance IPO GMP as of today. The GMP for Bajaj Housing Finance IPO is currently strong, indicating a promising subscription response. Stay updated for the latest GMP figures on the Bajaj Housing Finance IPO.
The Bajaj Housing Finance IPO is set to open on September 9, 2024. This mainline IPO aims to raise ₹7,000 crores, with a price band fixed at ₹65 to ₹70 per share and a minimum market lot of 214 shares.
Bajaj Housing Finance Limited is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since September 24, 2015, and has been involved in mortgage lending since Fiscal 2018. As of September 30, 2022, the company has been classified as an “Upper Layer” NBFC (NBFC-UL) by the RBI under the “Scale Based Regulations (SBR): A Revised Regulatory Framework for NBFCs” issued on October 22, 2021.
The latest Bajaj Housing Finance IPO GMP is ₹74, as of September 12, 2024, at 6:03 AM. With a price band of ₹70, the estimated listing price is ₹144 (cap price + today’s GMP), projecting an expected gain of 105.71% per share.
Retail Subject to Sauda: ₹12,000
Small HNI Subject to Sauda: ₹168,000
We update GMP daily, and based on the last 22 sessions of grey market activity, today’s GMP is trending upward, indicating a strong listing. The GMP has ranged from ₹36 (lowest) to ₹74 (highest). Stay tuned for daily updates on Bajaj Housing Finance IPO GMP and expected listing price.
**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.
Bajaj Housing Finance IPO GMP Day-wise Trend
GMP Date | IPO Price | GMP | Sub2 Sauda Rate | Estimated Listing Price |
12-09-2024 | 70 | ₹74 | 12000/168000 | ₹144 (105.71%) |
11-09-2024 | 70 | ₹74 | 12000/168000 | ₹144 (105.71%) |
10-09-2024 | 70 | ₹70 | 11400/159600 | ₹140 (100%) |
09-09-2024 | 70 | ₹64 | 10400/145600 | ₹134 (91.43%) |
08-09-2024 | 70 | ₹56.70 | 9200/128800 | ₹126.7 (81%) |
07-09-2024 | 70 | ₹52 | 8500/119000 | ₹122 (74.29%) |
06-09-2024 | 70 | ₹51 | 8300/116200 | ₹121 (72.86%) |
05-09-2024 | 70 | ₹53 | 8600/120400 | ₹123 (75.71%) |
04-09-2024 | 70 | ₹50 | 8100/113400 | ₹120 (71.43%) |
03-09-2024 | 70 | ₹45 | 7300/102200 | ₹115 (64.29%) |
02-09-2024 | NA | ₹55.50 | — | ₹55.5 (%) |
01-09-2024 | NA | ₹54 | — | ₹54 (%) |
31-08-2024 | NA | ₹60 | — | ₹60 (%) |
30-08-2024 | NA | ₹55 | — | ₹55 (%) |
29-08-2024 | NA | ₹40 | — | ₹40 (%) |
28-08-2024 | NA | ₹41 | — | ₹41 (%) |
27-08-2024 | NA | ₹41 | — | ₹41 (%) |
26-08-2024 | NA | ₹39 | — | ₹39 (%) |
25-08-2024 | NA | ₹39 | — | ₹39 (%) |
24-08-2024 | NA | ₹39 | — | ₹39 (%) |
23-08-2024 | NA | ₹42 | — | ₹42 (%) |
22-08-2024 | NA | ₹36 | — | ₹36 (%) |
IPO Grey Market Premium (GMP)
The Grey Market Premium (GMP) represents the price at which an IPO trades in the unofficial or unregulated grey market before its official listing. GMP provides an indication of how the IPO might perform on its listing day. A positive GMP suggests that the IPO is expected to trade at a premium, indicating potential profit, while a negative GMP implies it may be available at a discount.
It is important to remember that IPO GMP can be highly volatile. Relying solely on GMP to make investment decisions can be risky. Therefore, consider all relevant factors before deciding whether to invest in the Bajaj Housing Finance IPO.
Bajaj Housing Finance IPO Dates
Stay tuned for the latest and most updated information on Bajaj Housing Finance IPO dates as they are announced.
IPO Activity | Date |
IPO Open Date | 09-09-2024 |
IPO Close Date | 11-09-2024 |
Basis of Allotment | 12-09-2024 |
Finalisation Date* | |
Refunds Initiation* | 13-09-2024 |
Credit of Shares | 13-09-2024 |
to Demat Account* | |
IPO Listing Date* | 16-09-2024 |
DISCLAIMER: The financial information provided here is for educational and informational purposes only and should not be interpreted as an offer to buy or sell securities or as investment advice. It is not intended to be used as the basis for any investment decision. Readers are advised to consult a qualified financial advisor before making any investment decisions. Any actions taken based on the information provided here are solely at the reader’s own risk. Please note that investing in equity markets carries inherent risks due to market volatility. The author has no intention of investing in this offering.