Bajaj Housing Finance Limited (BHFL), part of the Bajaj Group, is preparing for its Initial Public Offering (IPO), and there are several compelling factors that make it a standout in the housing finance space:
- Second Largest HFC in India: BHFL has grown into India’s second-largest Housing Finance Company (HFC).
- Strong Growth: With a Compound Annual Growth Rate (CAGR) of 29.3% over the last five years, BHFL is one of the fastest-growing HFCs in the country, maintaining momentum in an increasingly competitive industry.
- Diverse Loan Portfolio: BHFL offers a wide range of financial products including home loans, loans against property (LAP), lease rental discounting, and developer financing, ensuring diversification and risk management across its loan book.
- Geographic Reach: The company operates with 215 branches across 174 locations in 20 states and 3 union territories, providing it with significant reach and access to customers across the country.
- Credit Rating: BHFL has been awarded the highest possible credit rating of IND AAA/Stable, highlighting its strong financial position, robust risk management practices, and ability to meet debt obligations.
- Low NPA Levels: The company boasts the lowest non-performing assets (NPA) in the industry, marking it as a leader in asset quality compared to its peers. The strong focus on salaried customers, which make up 87.5% of its assets under management (AUM) in the home loan segment, reduces risk and bolsters asset quality.
The upcoming IPO is expected to attract significant investor interest given BHFL’s leadership position in the housing finance sector, low risk profile, and growth trajectory.
Home Finance, Loan Against Property & More (bajajhousingfinance.in)
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