Bajaj Housing Finance more than doubles in market debut on September 16
3 months, 1 week ago

Bajaj Housing Finance more than doubles in market debut on September 16

The Hindu  

Shares of Bajaj Housing Finance more-than-doubled in their trading debut on Monday, giving the company a market capitalisation of 1.34 trillion Rupees and making it most valuable listed home loan financier. The second-biggest home loan financier by Assets Under Management, Bajaj Housing Finance's $782 million IPO had attracted bids worth about $38.60 billion last week, making it the most sought-after public listing this year in a red-hot IPO market. Backed by the 100-year-old Bajaj group, the offering drew investors due to its pedigree, an ongoing IPO euphoria and booming demand for luxury homes, that is set to push home prices higher in the country. A rally in the Indian stock market has resulted in more than 200 companies raising more than $7 billion this year, more than double the amount raised during the same period last year, London Stock Exchange Group data showed.

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History of this topic

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today
1 week, 5 days ago

Bajaj Housing Finance share price tumbles 6% as 3-month IPO lock-in period ends today

Live Mint  

Shares of Bajaj Housing Finance tumbled 6% in intraday trade on Thursday, December 12 to a two-week low of ₹132.80 apiece. This decline comes as the three-month shareholder lock-in period ended today, releasing 12.5 crore shares, or 2% of the outstanding equity of Bajaj Housing Finance, which is now available for sale in the secondary market. Bajaj Housing Finance is …

Explained: Why Bajaj Housing Finance shares fell 5% in early trade
1 week, 5 days ago

Explained: Why Bajaj Housing Finance shares fell 5% in early trade

India Today  

Shares of Bajaj Housing Finance fell nearly 5% in early trade on Thursday. The shares of Bajaj Housing Finance are currently trading at Rs 141, which is over 100% above their issue price of Rs 70. The one-month lock-in period for anchor investors of the Bajaj group’s housing finance arm ended on October 6, making 2% of the equity available …

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?
3 weeks, 4 days ago

Bajaj Auto stock plummets to 4-month low, slides 29% from recent peak. Can it fall more?

Live Mint  

Shares of Bajaj Auto, one of the leading manufacturers of two-wheelers, fell nearly 2% in trade on Thursday, November 28 to hit a 4-month low of ₹9,013 per share. Further contributing to the negative sentiment, Bajaj Auto reported weak domestic sales for October, with a year-on-year decline of 8%, dropping from 3.29 lakh units to 3.03 lakh units. Bajaj Auto …

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors
2 months ago

Stocks to Watch: Strong Performance in the Banking and Real Estate Sectors

Live Mint  

The news article focuses on several Indian stocks, highlighting positive financial performances and potential gains. While some companies like Bajaj Housing Finance, Cyient DLM, and Union Bank of India saw significant increases in their net profits, others like Mahindra Logistics and Aurum PropTech reported net losses. Ola Electric's IPO is expected to be a major highlight in the Indian stock …

Bajaj Housing to Grow Construction Finance to 16% of AUM
2 months ago

Bajaj Housing to Grow Construction Finance to 16% of AUM

Live Mint  

Bajaj Housing Finance aims to increase its construction finance business to 16% of its AUM, with a focus on taking this share to around 16% of the product mix. The lender is bullish on the lease rental discounting (LRD) business and plans to continue to grow it at a steady pace. The bulk of Bajaj Housing's loan against property (LAP) …

Bajaj Housing Finance Soars 21% in Net Profit, First Quarterly Earnings After IPO
Top News
2 months ago

Bajaj Housing Finance Soars 21% in Net Profit, First Quarterly Earnings After IPO

News 18  

Bajaj Housing Finance reports a significant increase in its net profit to Rs 546 crore for the Q2 FY25, compared to Rs 451 crore a year ago. The company raised Rs 6,560 crore through an IPO in September 2024, which helped boost its AUM to Rs 1.03 lakh crore. Despite a slight decline in the net profit margin, the company's …

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore
2 months ago

Bajaj Housing Finance's Net Income Soars 21% to Rs 546 Crore

New Indian Express  

Bajaj Housing Finance reports a 21 percent increase in net income to Rs 546 crore in the September quarter. The company's net interest income grew 13 percent to Rs 713 crore, while assets under management surged 26 percent to Rs 1.03 trillion. However, the net profit margin declined to 22.64 percent from 23.6 percent. The company's capital adequacy ratio has …

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing
2 months ago

Bajaj Housing Finance Soars 21% in Net Profit, First Earnings Since Listing

India Today  

Bajaj Housing Finance reports a significant increase in its net profit and revenue for the quarter ending September 2024. The company's net profit jumped by 21%, reaching Rs 546 crore, compared to Rs 451 crore in the same period last year. The revenue from operations also saw a rise of 26%, reaching Rs 2,410 crore. The company's net interest income …

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut
3 months ago

Bajaj Housing Finance shares hit 10% upper circuit limit after blockbuster debut

The Hindu  

Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10% to hit the upper circuit limit, extending the listing day gains. Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with a huge premium of nearly 136% against the issue price of ₹70. The ₹6,560-crore initial public offer of Bajaj Housing Finance Ltd …

Bajaj Housing Finance shares hit 10 pc upper circuit limit after blockbuster debut
3 months, 1 week ago

Bajaj Housing Finance shares hit 10 pc upper circuit limit after blockbuster debut

New Indian Express  

NEW DELHI: Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10 per cent to hit the upper circuit limit, extending the listing day gains. The stock jumped 10 per cent to hit the upper circuit limit of Rs 181.48 on the BSE. Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with …

Bajaj Housing shares double after India’s biggest IPO of 2024: Latest updates
3 months, 1 week ago

Bajaj Housing shares double after India’s biggest IPO of 2024: Latest updates

Hindustan Times  

Bajaj Housing Finance Ltd.’s shares more than doubled in their trading debut after India’s biggest new listing of the year. Bajaj Housing’s IPO debut is benefiting from its parent’s strong brand recall and a history of stellar returns. Bajaj Housing’s IPO debut is also benefiting from its parent’s strong brand recall and a history of stellar returns. Bajaj Housing’s IPO …

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?
3 months, 1 week ago

Bajaj Housing Finance lists with a bang: Should investors hold it long term or book profits?

Hindustan Times  

Bajaj Housing Finance made a remarkable debut on the BSE with its shares listing at ₹150, a premium of 114.2 per cent over the issue price of ₹70. Bajaj Housing Finance shares opened at ₹ 150, a significant premium over its IPO price. Shriram Subramanian, Founder and MD, InGovern Research Services, said, “As expected the Bajaj Housing Finance stock listed …

Business News: Bajaj Housing Finance Experiences Massive Surge in Share Market Performance | ABP News
3 months, 1 week ago

Business News: Bajaj Housing Finance Experiences Massive Surge in Share Market Performance | ABP News

ABP News  

Tirupati Balaji Agro Trading, a company specializing in industrial packaging products, has delivered impressive returns to its IPO investors. The company’s stock listed at ₹90 on the Bombay Stock Exchange, representing an 8.4% premium over the IPO’s upper price band of ₹83. Founded in 2001, Tirupati Balaji Agro Trading manufactures a range of industrial packaging products, including flexible intermediate bulk …

Bajaj Housing Finance ₹6,560-crore IPO fully booked hours after opening for subscription
3 months, 2 weeks ago

Bajaj Housing Finance ₹6,560-crore IPO fully booked hours after opening for subscription

The Hindu  

The ₹6,560-crore initial public offer of Bajaj Housing Finance got fully subscribed within hours of opening for bidding on Monday and ended the day with 2 times subscription. The initial share sale received bids for 1,46,58,24,030 shares against 72,75,75,756 shares on offer, reflecting 2.01 times subscription, as per NSE data. Bajaj Housing Finance on Friday said it has collected ₹1,758 …

Bajaj Housing Finance IPO: Firm Reveals Price Band For Upcoming Issue, Check Details Here
3 months, 2 weeks ago

Bajaj Housing Finance IPO: Firm Reveals Price Band For Upcoming Issue, Check Details Here

ABP News  

Bajaj Housing Finance has announced the price band for its much-awaited IPO, scheduled to be available for subscription from Monday. The company’s public listing will comprise a fresh issue of equity shares worth Rs 3,560 crore and an offer-for-sale of shares worth Rs 3,000 crore. The issue’s book-running lead managers include BofA Securities Pvt Ltd, Axis Capital Ltd, Kotak Mahindra …

Bajaj Housing Finance IPO: All you need to know about the ₹6,560 crore issue
3 months, 2 weeks ago

Bajaj Housing Finance IPO: All you need to know about the ₹6,560 crore issue

Hindustan Times  

Bajaj Housing Finance' initial public offering will open for bidding on Monday, September 9. Bajaj Housing Finance aims to raise ₹ 6,560 crore through its IPO, including a fresh share sale of ₹ 3,560 crore and an offer-for-sale of ₹ 3,000 crore. Bajaj Housing Finance IPO details The company is looking to raise a total of ₹6,560 crore from its …

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said
4 months, 4 weeks ago

Bajaj Finance shares fall as Q1 results disappoint brokerage firms; here’s what they said

Live Mint  

Shares of Bajaj Finance dropped nearly 3 percent in intra-day trading on Wednesday after the non-banking financial company released its Q1 earnings report. Q1 Results Bajaj Finance reported a 14 percent increase in net profit for the June 2024 quarter, reaching ₹3,912 crore compared to ₹3,437 crore in the same quarter of 2023. Brokerage views Bajaj Finance reported a solid …

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY
5 months, 1 week ago

Bajaj Auto Q1 Results Live : profit rise by 18.1% YOY

Live Mint  

Bajaj Auto Q1 Results Live : Bajaj Auto declared their Q1 results on 16 Jul, 2024, with the topline increasing by 15.71% and the profit increasing by 18.1% YoY. Bajaj Auto delivered 1.93% return in the last week, 33.24% return in the last 6 months, and 42.97% YTD return. As of 17 Jul, 2024, out of 39 analysts covering the …

Chart Beat: It is back to action for Bajaj Finance in Q1FY25
5 months, 2 weeks ago

Chart Beat: It is back to action for Bajaj Finance in Q1FY25

Live Mint  

Bajaj Finance Ltd reported a significant uptick in its June quarter performance following the Reserve Bank of India's decision on 2 May to lift restrictions on the company’s 'eCOM' and 'Insta EMI Card' loan sanctioning and disbursal operations. In Q1FY25, Bajaj Finance added 4.47 million new customers, marking a healthy 16% year-on-year increase and a multi-quarter high. “The trend of …

Bajaj Housing Finance' ₹7,000 crore IPO to be launched soon, DRHP filed: Key things to know
6 months, 1 week ago

Bajaj Housing Finance' ₹7,000 crore IPO to be launched soon, DRHP filed: Key things to know

Hindustan Times  

Bajaj Housing Finance filed the DRHP with capital markets regulator Sebi for its proposed IPO. Bajaj Housing Finance IPO registrar The book-running lead managers of the IPO are Kotak Mahindra Capital Company Ltd, BofA Securities India Ltd, Axis Capital Ltd, Goldman Sachs Securities Pvt Ltd, SBI Capital Markets Ltd, JM Financial Ltd, and IIFL Securities Ltd. KFin Technologies Ltd is …

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate
6 months, 2 weeks ago

Bajaj Housing Finance files for Rs.7000 crore IPO following RBI mandate

Hindustan Times  

Bajaj Housing Finance is launching a Rs.7,000 crore IPO. Bajaj Housing Finance managed Rs.91,370 crore worth of assets as of March 31st this year. Bajaj Housing Finance was till now, a wholly-owned subsidiary of Bajaj Finance. The lead book-runners are Kotak Mahindra Capital Company Limited, BofA Securities India Limited, Axis Capital Limited, Goldman Sachs Securities Private Limited, SBI Capital Markets …

Bajaj Housing Finance picks five investment banks as advisors for proposed IPO: Report
8 months, 2 weeks ago

Bajaj Housing Finance picks five investment banks as advisors for proposed IPO: Report

Hindustan Times  

Bajaj Housing Finance has picked five investment banks as advisors for its proposed initial public offering, according to a Moneycontrol report. The work on the proposed Bajaj Housing Finance IPO is believed to have commenced “Kotak Mahindra Capital, Axis Capital, BofA Securities, JM Financial, and SBI Capital have been shortlisted for this IPO,” the report said, quoting a person aware …

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6
9 months, 2 weeks ago

Bajaj Auto buyback for raising up to ₹4,000 crore to open on March 6

Live Mint  

Bajaj Auto buyback: Bajaj Auto share buyback for raising up to ₹4,000 crore will open on March 6 and close on March 13. Bajaj Auto buyback price is set at ₹10,000 per share, which is around 24% higher than its Monday’s closing price of ₹8,042.75 apiece. The company’s board had approved to buyback up to 40,00,000 fully paid-up equity shares …

Bajaj Finance Q2 FY24 results: profit rise by 27.7% YOY
1 year, 2 months ago

Bajaj Finance Q2 FY24 results: profit rise by 27.7% YOY

Live Mint  

Bajaj Finance, the leading financial services company, has declared their Q2 FY24 results on 17 Oct, 2023. In addition, when compared to the previous quarter, Bajaj Finance reported a growth of 7.04% in revenue and 3.31% in profit. In terms of stock performance, Bajaj Finance has delivered a return of 0.12% in the last 1 week, 36.81% in the last …

Bajaj Finance share price drops over 2% post Q2 results; what should you do?
1 year, 2 months ago

Bajaj Finance share price drops over 2% post Q2 results; what should you do?

Live Mint  

Bajaj Finance share price: Bajaj Finance share price fell over 2 per cent in early trade on BSE on Wednesday, October 18, a day after the company reported its current fiscal's July-September quarter scorecard. Bajaj Finance share price opened at ₹8,080.95 against the previous close of ₹8,091.35 and dropped 2.05 per cent to the level of ₹7,925 quickly. From its …

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY
1 year, 2 months ago

Bajaj Auto Q2 Results Preview: Net profit may rise 13%; revenue seen up 5% YoY

Live Mint  

Bajaj Auto, the two and three-wheeler manufacturer, will announce its financial results for the second quarter of FY24 on Wednesday, 18 October 2023. For Bajaj Auto, net profit in Q2FY24 is expected to rise 13.6% to ₹1,738 crore from ₹1,530 crore in the same quarter last year, as per average estimates of analysts. Analysts expect earnings before interest, tax, depreciation …

Bajaj Finance shares gain as Nomura sees 22% upside
1 year, 3 months ago

Bajaj Finance shares gain as Nomura sees 22% upside

Live Mint  

Bajaj Finance share price gained 2% in the early trade on Friday after global brokerage firm Nomura initiated coverage on the stock with a ‘Buy’ rating. Nomura has set a target of ₹8,700 for Bajaj Finance shares, which implies an upside of nearly 22% from Thursday’s closing price. The brokerage house believes that the exit of Housing Finance Development Corporation …

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?
1 year, 4 months ago

Bajaj Finance share price rises over 2% after Q1 results; should you buy it?

Live Mint  

Shares of Bajaj Finance climbed over 2 per cent in early deals on BSE on Thursday a day after the company reported its June quarter scorecard. Brokerage firm Motilal Oswal Financial Services maintained a buy call on Bajaj Finance stock with a target price of ₹8,800, implying an 18 per cent upside. "Bajaj Finance’s Q1FY24 reported PAT jumped 32 per …

Bajaj Finance Q1FY24 Update: Loan book up 34%, AUM up 32% to ₹2.7 lakh crore
1 year, 5 months ago

Bajaj Finance Q1FY24 Update: Loan book up 34%, AUM up 32% to ₹2.7 lakh crore

Live Mint  

Bajaj Finance's loan book grew 34 per cent to 9.9 MM in the April-June quarter of the current fiscal, compared to 7.2 MM in the corresponding period last year. The company recorded highest ever quarterly increase in its customer franchise of 3.84 MM in Q1 FY24, said Bajaj Finance in a regulatory filing to the stock exchanges on July 3. …

Bajaj Finance target price raised by Jefferies, 18% upside expected
1 year, 6 months ago

Bajaj Finance target price raised by Jefferies, 18% upside expected

Live Mint  

Bajaj Finance, the non-banking finance company, has received a boost from global research house Jeffries. Jefferies has raised its target price on Bajaj Finance citing its strong loan book growth, robust new customer acquisition and stable margins and asset quality. Jefferies highlighted a presentation made by Bajaj Finance CEO Rajeev Jain who spoke about the company’s strong presence in consumer …

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales
1 year, 7 months ago

Bajaj Auto reports 2.5% drop in Q4 PAT to ₹1,433 cr on lower sales

Live Mint  

Two-wheelers and commercial vehicles maker, Bajaj Auto despite witnessing a single-digit drop in PAT due to lower sales, beats Street's estimates for the quarter ending March 31, 2023. From December 2022 quarter where PAT stood much higher at ₹1,491 crore, Bajaj Auto's net profit dipped by nearly 4% in Q4FY23. In its financial report, Bajaj Auto said, domestic motorcycle sales …

Markets rally for 2nd day, climb nearly 2%
2 years, 4 months ago

Markets rally for 2nd day, climb nearly 2%

The Hindu  

Benchmark indices rallied on July 29 with the Sensex and Nifty climbing nearly 2%, helped by heavy buying in Bajaj Finance shares amid a mixed trend in the global equity markets. "Positive cues from global markets following the Fed policy outcome, as well as domestic large caps’ upbeat earnings, drove the market rally. The Fed's decision was as expected, while …

Bajaj Finance's Profit More Than Doubles to Rs 2,596 Crore in June Quarter
2 years, 4 months ago

Bajaj Finance's Profit More Than Doubles to Rs 2,596 Crore in June Quarter

News 18  

Bajaj Finance Ltd on Wednesday reported its highest-ever consolidated quarterly net profit at Rs 2,596 crore for the June quarter, helped by robust income due to brisk loan growth. Total income rose by 38 per cent to Rs 9,283 crore during the June quarter as against Rs 6,743 crore in corresponding quarter last year, Bajaj Finance said in a regulatory …

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