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Bajaj Housing Finance Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- qualified institutional buyers (QIBs) are large, sophisticated investors, such as mutual funds, insurance companies, pension funds and hedge funds, which are considered to have the expertise and resources to evaluate investment opportunities ensuring -Standards need to be met, and their allow retail investors to purchase the shares at a price below the offering price of the shares.

• Non-Institutional Investors (NII) - Non-institutional investors (NIIs), other hand, generally consist of the individual investors, high net of worth individuals “HNIs”, or and companies that do not meet the financial criteria to be classified as the QIBs and allowed to participate in the IPOs at the same price as retail investors.

NII category has two subcategories:

1. sNII - "sNII" means "small non-institutional investor". This sub-category includes investors who have created shares of ₹2 lakh and ₹10 lakh in IPO.

2. bNII - "bNII" means "large non-institutional investor". This sub category includes investors who have created shares worth more than ₹10 lakhs in IPO

• Retail Individual Investors (RII) - Retail Individual Investors “RIIs” are the individual investors who apply for the shares worth up to ₹2 lakh in the IPOs, aimed at encouraging retail participation in the IPOs.

• Employee (EMP)- The employee (EMP) category in an IPO is reserved for employees, directors and associate employees of the issuing company, and the issuing company and the IPO's chief executive officer determine the allocation of shares in this category.

• Others- An eligible group of shareholders or other investors with investments in an IPO.