The highly anticipated Bajaj Housing Finance IPO allotment is set to be finalized today, Thursday, September 12, 2024. Investors who applied for this IPO can check their allotment status online through the registrar’s portal, Kfin Technologies Ltd. Successful applicants will see their shares credited to their Demat accounts by September 16, 2024, while refunds for those who weren’t allotted shares will start on September 13, 2024.
The IPO received an overwhelming response, with the issue being oversubscribed 63.61 times by the end of the subscription period on September 11, 2024. Here’s everything you need to know, including a guide on how to check your allotment status and important dates.
Bajaj Housing Finance IPO Overview
The Bajaj Housing Finance IPO opened for subscription on Monday, September 9, 2024, and closed on Wednesday, September 11, 2024. The IPO attracted strong interest from different investor categories, with the following subscription rates:
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Non-Institutional Investors (NIIs): 41.51 times
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Qualified Institutional Buyers (QIBs): 209.36 times
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Retail Investors: 7.04 times
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Employee Portion: 2.05 times
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Shareholder Portion: 17.53 times
The strong response shows high demand for shares in this non-deposit-taking housing finance company. The company is set to be listed on the stock exchange on Monday, September 16, 2024.
Key Dates:
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Refund Process Begins: September 13, 2024
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Shares Credited to Demat Accounts: September 16, 2024
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Bajaj Housing Finance IPO Listing Date: September 16, 2024
How to Check Bajaj Housing Finance IPO Allotment Status
Investors can check the allotment status on the registrar’s website, Kfin Technologies Ltd. Follow the step-by-step guide below to check if you have been allotted shares:
Step-by-Step Guide to Check IPO Allotment on Kfin Technologies:
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Visit the Official Website:
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Go to the Kfin Technologies IPO allotment page at Kfin Technologies IPO Status Portal.
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Select IPO: In the dropdown menu, choose Bajaj Housing Finance IPO from the list of available IPOs.
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Input Required Details:
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Enter one of the following: Application Number: Your application number from your IPO application.
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DPID/Client ID: Enter your DPID (Depository Participant ID) and Client ID if checking through your demat account.
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PAN Number: You can also check using your PAN.
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Submit the Information: After entering the required details, click Submit.
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View Allotment Status:
The status of your IPO allotment will be displayed on the screen. If shares have been allotted, it will show the number of shares allocated. If not, the screen will display a message regarding the refund process.
What Happens Next?
If shares are allotted, they will be credited to your demat account by September 16, 2024. If you weren’t allotted shares, the refund process will begin on September 13, 2024. The Bajaj Housing Finance IPO is scheduled to be listed on the stock exchanges on Monday, September 16, 2024, when trading will commence.
The Bajaj Housing Finance IPO received a strong response across various investor categories. Investors can now check their allotment status through Kfin Technologies Ltd’s portal. Make sure to follow the guide above to check if you’ve been allotted shares.