Bajaj Housing Finance Ltd. share price target

Bajaj Housing Finance (BHFL)’s success story is shaped by its ability to outpace industry growth (better leverage) – highlighted by BHFL’s >25% credit growth since its foray into the mortgage business in FY17, complemented by pristine asset quality.

Bajaj Housing Finance (BHFL) is the fastest-growing and the second-largest HFC in India, with a five-year AUM CAGR of ~29% over FY20-FY25. It had an AUM of INR1.2t as of Jun’25.

Issue Snapshot: Issue Open: September 09 September 11, 2024 Price Band: Rs. 66 70 *Issue Size: Up to Rs 6560.0 cr (including Fresh issue of upto Rs 3560.0 cr + Offer for sale of upto Rs. 3000.0 cr including employee reservation of upto Rs.200.0 cr and shareholder's reservation of upto Rs 500.0 cr) Reservation for: QIB upto 50% eq sh Non-Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 10 Book value: Rs 18.8 (June 30, 2024) Bid size: - 214 equity shares and in multiples thereof 100% Book built Issue IPO Note Bajaj Housing Finance Limited