1.Company Information

Founded in 2008, Bajaj Housing Finance is a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since 2015 and has been offering mortgage loans since the financial year 2018. The company is part of the Bajaj Group, a diversified group of companies with interests in various sectors. Bajaj Housing Finance provides customized financial solutions to individuals and corporates for the purchase and renovation of homes and commercial spaces. The company's mortgage product range is comprehensive and includes (i) home loans, (ii) loan against property (LAP), (iii) rent concessions, and (iv) developer finance. As of March 31, 2024, the company had 308,693 active customers, of which 81.7% were home loan customers. The Company has a network of 215 branches in 174 locations across 20 states and three union territories, overseen by six centralized retail loan review centers and seven centralized loan processing centers.

2. Objects of the Issue

Distinguished heritage of the “Bajaj” brand, which enjoys widespread recognition as a reliable retail brand with strong brand equity: The Bajaj group was founded in 1926. It is a prominent Indian conglomerate known for its diverse business interests across various sectors.Our Company is a wholly-owned subsidiary of Bajaj Finance Limited, which is among India’s largest NBFCs, based on AUM, as at March 31, 2024 (Source: CRISIL Report). The “Bajaj” group of businesses are retail-focused enterprises that have gained recognition among Indian consumers through the two and three-wheelers of Bajaj Auto Limited, financing products of BajajFinance Limited including our Company, insurance products of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited, mutual fund products of Bajaj Finserv Asset Management Limitedand broking services of Bajaj Financial Securities Limited. The “Bajaj” brand has consequently evolved into a recognized retail brand, which has contributed to the recognition and growth of our business. Furthermore, our market position is reflected in our strong credit ratings, underscoring our financial stability and investor confidence.
Second largest HFC in India (in termsof AUM) with a track record of strong growth driven by a diversified portfolio: We have demonstrated a consistent growth trajectory over our seven-year operational history, even amid challenging events such as the NBFC crisis, the downturn of key industry players and the unprecedented impacts of COVID-19. Our business modeland strong risk management policies have been crucial in sustaining this growth momentum. Consequently, we have grown to be the second largest HFC and were the eighthlargest NBFC-UL in India (in terms of AUM) as at March 31, 2024 (Source: CRISIL Report).We achieved thiswithin a short period of time since the commencement of our operations in Fiscal 2018. Our AUM has grown at a CAGR of 30.9% from Fiscal 2022 to Fiscal 2024 and were ₹913,704.0 million as at March 31, 2024, making us the fourth fastest growing HFC/NBFC as compared to other “Upper Layer” NBFCs in India for which data is available(Source: CRISIL Report). Strategic presence with omni-channel sourcing strategy, driven by customer-focused digitization initiatives and technology: We have a strategic presence across mortgage-centric markets with the following key components: branches, centralized hubs and active channel partners. According to CRISIL MI&A, as atDecember 31, 2023, Maharashtra accounted for the largest share of housing finance credit in India, at approximately 22%. As at March 31, 2024, Maharashtra also accounted for 31.5% of our total AUM and 32.0% of our total disbursements, the highest among the states where we operate. For details in relation to our state-wise mix of AUM, disbursements, see “Selected Statistical Information –State-wise Mix of AUM, Disbursements and Branches”on page264.As at March 31, 2024, our distribution network included 215 branches, six centralized hubs for retail underwriting and seven centralized processing hubs for loan processing) and 1,784 active channel partners, that is, partners with whom we have conducted at least one transaction in the last 12 months. Our diversified reach helps us meet the specific needs of our target customers across geographies, in urban as well as upcountry locations.

3. Bajaj Housing Finance IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Email:bhfl.ipo@kfintech.com

Website:https://kosmic.kfintech.com/ipostatus/