Key Objective
Initial public offer of 937,142,856* equity shares of face value of Re. 10 each ("Equity Shares") of Bajaj Housing Finance Limited ("Company") for cash at a price of Rs. 70 per equity share (including a share premium of Rs. 60 per equity share) ("Offer Price") aggregating to Rs. 6560.00 crores (the "Offer") comprising a fresh issue of 508,571,428* equity shares of face value of Rs. 10 each aggregating to Rs. 3560.00 crores ("Fresh Issue") and an offer for sale (the "Offer for Sale") of 428,571,428* equity shares of face value of Rs. 10 each aggregating to Rs. 3000.00 crores by Bajaj Finance Limited ("Promoter Selling Shareholder") ("Offered Shares"). The offer constituted 11.3% of the post-offer paid-up equity share capital of the company. the offer included a reservation of 28,571,428* equity shares of face value of Rs. 10 each, aggregating to Rs. 200.00 crores (constituting 0.3% of the post-offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion") and a reservation of 71,428,571* equity shares of face value of Rs. 10 each, aggregating to
Rs. 500.00 crores (constituting 0.9% of the post-offer paid-up equity share capital) for subscription by eligible shareholders ("Shareholders Reservation Portion"). The offer less the employee reservation portion and the shareholders reservation portion is hereinafter referred to as the "Net Offer". The offerand the net offer constituted 11.3% and 10.1% of the post-offer paid-up equity share capital of the company, respectively.
The face value of the equity shares is Rs. 10 each. The offer price is 7 times the face value of the equity shares.
*Subject to finalisation of basis of allotment