Bajaj Energy IPO Details

Bajaj Energy Ltd (BEL), a leading name in thermal energy production in India, is a subsidiary of Bajaj Group. The company has generated an operating revenue of more than Rs. 500 crores in 2021. It holds a total authorized share capital of Rs. 2500 crores and plans on raising Rs. 5450 crores through the Bajaj Energy IPO.

The power suppliers to Uttar Pradesh Power Corporation Ltd. (UPPCL) constantly leverages innovation and technology to set new standards. It has always maintained an adequate operating margin indicating excellent profitability and cash flow. Now that Bajaj Energy aims to provide 100% electricity to villages, it is likely to increase the company's share price.

As part of the Bajaj Group of companies, the brand always has its customers' undivided trust regarding the performance of its plants. So, naturally, the Bajaj Energy IPO is a lucrative opportunity for investors to invest in a reputed company and diversify their portfolio.

... Read more

Bajaj Energy IPO Strengths

  • The company has undertaken a mission to electrify villages. Successful completion of this project will increase the power supply demand and may contribute to their profits.
  • Possesses an unrivalled and long-standing agreement with Central CoalFields Limited to acquire fossil fuels for energy. Minimal chance of experiencing coal shortage.
  • Years of experience in successfully building, operating and managing multiple thermal power plants.
  • Boasts a big market in Uttar Pradesh, with a dominant position among the state’s largest independent power producing companies.

Bajaj Energy IPO Weaknesses

  • The company relies on a heavy supply of coal. Among the nation's commitment towards renewable energy and the possibility of disrupted fuel supply, this can create issues.
  • Coal-produced thermal energy causes environmental damage and pollution. As green energy becomes more popular, it could reduce the company's market share.
  • The company is currently amidst a dispute with the Uttar Pradesh Power Corporation Limited (UPPCL) regarding payment tariffs.
  • The final tariff of power supply is decided by the Uttar Pradesh Electricity Regulatory Commission (UPERC). Sudden changes may lead to drastic impact on the profits of Bajaj Energy.

Bajaj Energy Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Thousand cr.

+1.407

+1.406

+0.898

10

8

6

4

2

0

2016
2017
2018

Bajaj Energy IPO Dates

Open DateTo be announced
Close DateTo be announced
Allotment DateTo be announced
Initiation of RefundsTo be announced
Credit of Shares to Demat AccountTo be announced
Listing DateTo be announced

Bajaj Energy IPO Lot Size

Minimum Lot SizeTo be announced
Maximum Lot SizeTo be announced

Seize the Opportunity! Apply for Bajaj Energy IPO

No AMC Charges
Free Demat Account Opening
Low DP Charges
Zero AMC Charges for First Year
Free Research Advisory
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory

Bajaj Energy IPO Subscription Breakup

QIBsTo be announced
Non-Institutional InvestorsTo be announced
Retail InvestorsTo be announced

How to Apply for Bajaj Energy IPO?

Step 1

First, you need to visit the IPO section on our website.

Step 2

Then, click on the 'IPO Listing' option to view the IPO.

Step 3

Open the Bajaj Energy IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

Next, verify your details and select the 'Subscribe' option to complete the bidding.

You have completed your bidding for the Bajaj Energy IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.

Bajaj Energy IPO FAQs

The Bajaj Energy IPO was applied for in 2019, and the launch was approved by SEBI in 2021. But the IPO is yet to be officially announced. As no notification is available for the IPO yet, investors must watch for any updates.

Since the company has not issued the IPO officially yet, there is no information on the subscription closing date and time. However, investors usually have three to six days to bid for an IPO subscription. Beyond this, the IPOs have another lock-in period of up to 180 days. So, it is vital to keep these factors in mind when investing.

It is possible to check the Bajaj Energy IPO allotment status on the portal of your broker or registrar. Information regarding the allotment status is also conveyed via email and SMS from issuing and holding authorities, like the BSE, NSE, CDSL, and NSDL.

The Bajaj Energy IPO aims to raise Rs. 5450 crores of capital to acquire 6,99,36,900 equity shares of Lalitpur Power Generation Company. However, despite getting approval from SEBI for a 2021 launch, the company is yet to issue its IPO in the market.

The IPO refunds are usually initiated based on the refund date issued by SEBI. Once the dates are finalized, your respective banks can initiate the refund if the allotment is not obtained. If the banks cannot unlock your funds within the fund initiation date, it is relieved by the mandate end date. If there is any discrepancy regarding this, investors need to reach out to the banks immediately.

The shares are credited to the investor's DEMAT account once allotment is issued successfully. This can only be viewed after the declared period is over.

Yes, it is possible to revise or cancel an IPO application if you do it within the IPO subscription closing date.

The time of applying for any IPO is usually between Monday to Friday each week, which are the normal business days for the market. Still, it is recommended to contact your registrar for any further information.