Are you eagerly waiting to check your Bajaj Housing Finance IPO allotment status? You’re not alone! The excitement surrounding this IPO has reached a fever pitch, with investors anxiously refreshing their browsers to see if they’ve secured a piece of this highly anticipated offering.
Let’s dive into the latest updates on the Bajaj Housing Finance IPO allotment status and explore some key insights about this and other recent IPOs that have caught investors’ attention.
Bajaj Housing Finance IPO Allotment Status: What You Need to Know
The allotment status for Bajaj Housing Finance IPO is expected to be released shortly on the KFin Technologies website. As of now, it hasn’t been uploaded, but keep checking – it should be available any moment now. Typically, the status is released around this time, so the anticipation is building!
Many investors, including myself, are excited about the potential outcomes. I managed to apply for one lot in the Small HNI category and another in the Retail category. How about you? How many lots did you apply for, and in which categories? Share your application details in the comments!
How do you Check Bajaj Housing Finance IPO Allotment Status on the Registrar’s Site?
Step 1: Visit the web gateway of Kfin Technologies Limited. (https://ris.kfintech.com/ipostatus/)
Step 2: From the selection menu, choose Bajaj Housing Finance IPO.
Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number
Step 4: Choose “Application Type,” then “ASBA” or “non-ASBA.”
Step 5: Enter the information relevant to the mode you have chosen.
Step 6: For security reasons, please fill out the captcha accurately.
Step 7: Click “Submit.”
Bajaj Housing Finance IPO Grey Market Premium and Subscription Details
The grey market premium (GMP) for Bajaj Housing Finance IPO has soared to impressive levels. Currently, it’s hovering around 113-114%, translating to about ₹10 per share. This remarkable GMP indicates strong investor confidence and suggests the potential for significant listing gains.
Remember the old saying about doubling your money in 21 days? Well, in this case, it looks like investors might see their investment double in just 7 days! That’s the power of a well-received IPO in a bullish market.
PNG Jewellers IPO Subscription and Grey Market Performance
While we’re on the topic of exciting IPOs, let’s not forget about PNG Jewellers. The subscription period for this IPO just concluded, and the numbers are impressive:
- Total subscription: 59 times oversubscribed
- Total amount raised: Approximately ₹8,000 crore
- QIB portion: 136 times oversubscribed (₹1,690 crore raised)
- NII portion: 56 times oversubscribed (₹9,700 crore raised)
- Retail portion: 16.28 times oversubscribed
The grey market premium for PNG Jewellers is also looking promising, currently at around ₹10 per share. This translates to a premium of about 70% over the issue price, indicating strong investor interest.
IPO Allotment Chances and Application Strategies
Now, let’s talk about the allotment chances for different categories in the PNG Jewellers IPO:
- Big HNI category: Approximately 9 out of 10 applicants may receive allotment
- Small HNI category: About 2 out of 100 applicants may get shares
- Retail category: Roughly 7 out of 100 applicants might receive allotment
These figures are estimates based on the subscription levels, but they give you an idea of what to expect. Which category did you apply in? What do you think your chances are?
For future IPOs, consider applying across multiple categories if possible. Having multiple Demat accounts can also increase your chances of securing allotment in popular IPOs.
Upcoming IPOs and Listing Day Strategies
Keep an eye out for upcoming IPOs like Western Carriers and Northern Arc. These offerings might present exciting opportunities for investors looking to diversify their portfolios.
As for listing day strategies, it’s crucial to have a plan in place. Whether you’re looking to book profits on day one or hold for the long term, factors to consider include:
- The overall market sentiment on listing day
- The company’s fundamentals and growth prospects
- Your investment goals and risk tolerance
Stay tuned for more detailed videos on listing day strategies for both Bajaj Housing Finance and PNG Jewellers IPOs. These will help you make informed decisions, whether you’ve received an allotment or are considering buying on the open market.
Remember, the world of IPOs is dynamic and exciting. By staying informed and adopting smart strategies, you can maximize your chances of success in this fascinating aspect of the stock market.
FAQ (Frequently Asked Questions)
When will the Bajaj Housing Finance IPO allotment status be available?
The allotment status is expected to be released shortly on the KFin Technologies website. Keep refreshing the page as it should be available any moment now.
The grey market premium for Bajaj Housing Finance IPO is currently around 113-114%, which translates to about ₹10 per share.
How oversubscribed was the PNG Jewellers IPO?
The PNG Jewellers IPO was oversubscribed by 59 times, with the QIB portion being oversubscribed by 136 times.
What are the estimated allotment chances for the retail category in the PNG Jewellers IPO?
For the retail category in the PNG Jewellers IPO, it’s estimated that roughly 7 out of 100 applicants might receive an allotment.
Are there any upcoming IPOs to watch out for?
Yes, keep an eye on upcoming IPOs like Western Carriers and Northern Arc, which could present interesting investment opportunities.