Bajaj Housing Finance IPO: Boost Your Allotment Chances Using Bajaj Finance Shareholder Quota

The Bajaj Housing Finance IPO has seen strong demand from investors, with the issue fully subscribed on the first day of bidding. As more people try to invest, it may become harder to get an allotment under the retail category.

However, investors can improve their chances of getting shares by applying under a special category for shareholders of Bajaj Finance and Bajaj Finserv.

Eligibility for Shareholders

Bajaj Housing Finance has reserved ₹500 crore in shares for shareholders of Bajaj Finance and Bajaj Finserv. To be eligible, investors must have owned shares of these companies as of August 30, the date when Bajaj Housing Finance filed its RHP.

How to Increase Allotment Chances

If you are only applying under the retail category, your chances of getting an allotment might be lower. But if you are a shareholder of Bajaj Finance or Bajaj Finserv, you can apply under both the retail and shareholder categories, increasing your chances of getting shares.

Eligible shareholders can choose from three options based on their available funds:

1. Apply in both the shareholder and retail categories.
2. Apply in the shareholder and small HNI categories.
3. Apply in the shareholder and big HNI categories.

If you can only afford to apply for one lot, it is better to apply under the shareholder category, as the retail category will likely be in higher demand.

Minimum Bid Details

To be considered under the shareholder category, bids must meet or exceed the offer price. In this category, investors can bid for over 2,000 shares in up to 13 lots worth ₹2 lakh. Retail investors, on the other hand, can only bid for one lot of 270 shares worth up to ₹14,980.