Bajaj Corp IPO Allotment Status is declared and can be checked online at the link given below:

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QIB: 20.19 times
Non-Institutional Investors: 53.49 times
Retail: 6.62 times
Overall: 19.29 times

QIB: 1.32 times
Non-Institutional Investors: 0.02 times
Retail: 0.14 times
Overall: 0.73 times

Bajaj Corp IPO has received good response on its opening day, especially from the QIB Category and the IPO is bid 0.40 times on an overall basis with the QIB Category getting subscribed 75% on Day 1

Bajaj Corp Ltd., a part of Shishir Bajaj Group of Companies and the second largest in the group. Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair Care category. Bajaj Corp is one of India’s leading producers of hair oils and its main product is Bajaj Almond Drops

Stay tuned for more on Bajaj Corp IPO!


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- Bajaj Corp IPO Bidding Status on Day 1
- Bajaj Corp IPO opens from August 02, 2010
- Bajaj Corp IPO gets a CRISIL IPO Grade 4

QIB: 0.75 times
Non-Institutional Investors: 0.01 times
Retail: 0.03 times
Overall: 0.40 times

Bajaj Corp Ltd., a part of Shishir Bajaj Group of Companies and the second largest in the group, is coming up with an IPO consisting of 4,500,000 Equity Shares, having a Face Value of Rs.5/- each

The objects of the issue are:
1. To promote future products;
2. For acquisitions and other strategic initiatives; and
3. Other general corporate purposes

Kotak Mahindra Capital Co. Ltd. is the Book Running Lead Manager to the Issue while Karvy Computershare Pvt. Ltd. is the registrar

Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair Care category. Bajaj Corp is one of India’s leading producers of hair oils and its main product is Bajaj Almond Drops

Bajaj Corp IPO has been assigned a CRISIL IPO Grade 4. (Click here for more on Bajaj Corp IPO Rating from CRISIL)

The Credit Rating Agency CRISIL has assigned an IPO Grade 4/5 to the proposed IPO of Bajaj Corp Ltd. A CRISIL IPO Grade 4/5 indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India. However, this grade is not an opinion on whether the issue price is appropriate in relation to the issue fundamentals. The grade is not a recommendation to buy, sell or hold the graded instrument, or a comment on the graded instrument's future market price or its suitability for a particular investor

Bajaj Corp Ltd is part of Shishir Bajaj Group of Companies and the second largest in the group. Bajaj Corp Ltd is one of India’s leading FMCG company with major brands in Hair Care category

Stay tuned for more on Bajaj Corp IPO!