The Bajaj Housing Finance IPO is one of the most anticipated initial public offerings (IPOs) in the market. Scheduled to open on September 9, 2024, this IPO aims to raise ₹7,000 crores. With a price band set between ₹65 and ₹70 per share, the IPO has garnered significant attention. In this blog post, we’ll explore the latest updates on the Bajaj Housing Finance IPO GMP (Grey Market Premium), including live rates, trends, and frequently asked questions.
Bajaj Housing Finance IPO Details
- IPO Opening Date: September 9, 2024
- Price Band: ₹65 to ₹70 per share
- Market Lot: [Number of Shares]
- Objective: To raise ₹7,000 crores
- Company Type: Non-deposit-taking Housing Finance Company (HFC)
- Regulatory Status: Registered with the National Housing Bank (NHB) and categorized as an “Upper Layer” NBFC (NBFC-UL) by the RBI.
Understanding IPO GMP (Grey Market Premium)
IPO GMP, or Grey Market Premium, reflects the unofficial market price at which shares of an IPO are traded before their official listing. It gives investors an indication of the potential listing gains.
Current Bajaj Housing Finance IPO GMP Rates
Here’s a snapshot of the Bajaj Housing Finance IPO GMP and other related rates:
| Date | GMP | Kostak | Subject to |
| Today | ₹60 | ₹3,000 | ₹8,000 |
| 9 Sept | ₹55 | ₹2,500 | ₹6,000 |
| 8 Sept | ₹50 | ₹2,500 | ₹6,000 |
| 5 Sept | ₹50 | ₹2,500 | ₹6,000 |
| 4 Sept | ₹50 | ₹2,500 | ₹6,000 |
| 3 Sept | ₹55 | ₹2,500 | ₹6,000 |
| 2 Sept | ₹60 | ₹2000 | ₹7,000 |
| 31 Aug | ₹55 | ₹1500 | ₹5,000 |
| 30 Aug | ₹40 | ₹- | ₹- |
| 29 Aug | ₹40 | ₹- | ₹- |
| 28 Aug | ₹40 | ₹- | ₹- |
| 27 Aug | ₹40 | ₹- | ₹- |
| 26 Aug | ₹36 | ₹- | ₹1,500 |
| 24 Aug | ₹36 | ₹- | ₹1,500 |
| 23 Aug | ₹36 | ₹- | ₹1,500 |
| 22 Aug | ₹20 | ₹- | ₹1,250 |
| 21 Aug | ₹20 | ₹- | ₹1,250 |
Bajaj Housing Finance IPO GMP FAQs
What is Bajaj Housing Finance IPO GMP Today?
The Bajaj Housing Finance IPO GMP today is ₹50. This indicates the premium at which the IPO shares are trading in the grey market before their official listing.
What is Bajaj Housing Finance IPO Kostak Rate Today?
The Kostak Rate for the Bajaj Housing Finance IPO today is ₹2,500. This rate reflects the premium you can earn by selling your IPO application in the grey market before allotment.
What is Bajaj Housing Finance IPO Subject to Sauda Today?
The Subject to Sauda rate for today is ₹6,000. This represents the premium for the IPO shares that can be exchanged in an off-market transaction before listing.
What is Bajaj Housing Finance IPO Expected Returns?
The Bajaj Housing Finance IPO is expected to yield a return of approximately 71%. This projection is based on the current GMP and market conditions.
What Does the Bajaj Housing Finance IPO GMP Trend Indicate?
The GMP Trend shows some fluctuations over the past days. The premium peaked at ₹60 on September 2 but has slightly decreased since then. This trend can help investors gauge the potential performance of the IPO.
What Are the Bajaj Housing Finance IPO GMP Predictions?
Forecasts suggest that the Bajaj Housing Finance IPO GMP may experience further fluctuations leading up to the IPO date. Investors should keep an eye on daily updates for the most accurate information.
How Can Investors Use the IPO GMP Information?
Investors use IPO GMP to make informed decisions about subscribing to an IPO. A higher GMP indicates strong demand and potential listing gains, but it is essential to consider other factors such as the company’s fundamentals and market conditions.
Internal Links
For more information about upcoming IPOs, visit our Upcoming IPOs page. To stay updated on IPO GMP trends, check out our IPO GMP section. For tips on IPO allotment, visit IPO Allotment Tips. You can also explore other IPO-related topics on our main site IPO Gray Market.
Conclusion
The Bajaj Housing Finance IPO GMP offers valuable insights into the grey market performance of this upcoming IPO. By monitoring the GMP, Kostak rates, and Subject to Sauda, investors can better understand market sentiment and potential returns. Remember to stay updated with the latest figures and perform thorough research before making any investment decisions.
Feel free to reach out with any further questions or comments!
