Bajaj Housing Finance IPO Highlights: Bajaj Housing Finance IPO will likely be listed on NSE and BSE on September 16. The Initial Public Offering (IPO) opened on September 9 and continued till September 11, 2024. With shares priced between Rs 66 and Rs 70, this IPO presents an attractive opportunity for investors. The issue includes a minimum bid lot size of 214 shares and aims to raise Rs 7,000 crore, with Rs 4,000 crore from fresh equity and Rs 3,000 crore from existing shareholders’ sales. The company’s shares were fetching a premium of more than 105% in the grey market.
Bajaj Housing Finance shares are set to debut on the stock exchanges early next week after a stellar performance in the primary market, with the total subscription amount for the public issue reaching a record-breaking Rs 3.23 lakh crore. This surge was driven by strong market sentiment and high demand, particularly from the retail segment.
The impressive subscription figure of over Rs 3 lakh crore for Bajaj Housing Finance IPO is more than 1 percent of India’s estimated nominal GDP at constant prices, which stands at Rs 295.36 lakh crore for the fiscal year 2023-24.
Bajaj Housing Finance shares listing date and time
Bajaj Housing Finance shares will be listed on both BSE and NSE on Monday, 16 September at 10 am.
