The Bajaj Housing Finance IPO concluded with an overwhelming response, receiving over ₹3 lakh crore in total subscriptions on the last day. The IPO was subscribed 63.54 times.
Record-breaking Subscription Numbers
Institutional and non-institutional investors showed massive interest. The IPO was subscribed 41.42x by non-institutional investors and 209.36x by qualified institutional buyers.
The grey market premium for Bajaj Housing Finance IPO surged by over 92%, indicating strong demand for the company’s shares even before the official listing
The IPO included a fresh issue of ₹3,560 crore and an offer-for-sale (OFS) of ₹3,000 crore, ensuring compliance with RBI regulations for listing by September 2025
Retail investors also participated heavily, with their quota being subscribed 6.92 times by the end of the IPO bidding
Bajaj Housing Finance plans to use the proceeds from the fresh issue to augment its capital base and meet future capital requirements
With over ₹3 lakh crore in subscriptions, the Bajaj Housing Finance IPO is one of the largest in Indian history, surpassing previous records set by Coal India and Mundra Port