Bajaj Housing Finance IPO: Cash in on listing day or wait for long-term gain?

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Key Points

Brokerages tracking the IPO have already indicated that the IPO is set for a positive listing, with the grey market premium (GMP) indicating that investors will see their money double on listing day...

The buzz around Bajaj Housing Finances IPO feels much like a blockbuster movie release, with retail investors playing the role of eager producers, pouring in their money and then waiting anxiously for the final verdict the allotment of shares...

As the much-anticipated market debut approaches, the IPO has sparked a frenzy among investors, with industry experts like Shivani Nyati, Head of Wealth at Swastika Investmart, predicting a strong stock market performance thanks to the company's solid fundamentals and trusted Bajaj Group backing...

Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd said that Bajaj Housing Finance Ltd IPO gives allotted investors an opportunity to invest in one of Indias leading players in the housing finance sector...

"Considering companys strong parentage brand BAJAJ along with its solid position in the housing finance space with Rs 97071 cr AUM which is well-positioned itself to capitalise the industry demand and assuming to deliver impressive growth in future, like historical CAGR growth of 30.9% in AUM from Fiscal 2022 to 2024, we expect the IPO to make a robust debut and price of the company may double allotted investors' wealth or even do more than on the listing day," he further said.. Post listing, we recommend conservative investors to choose profit booking, if the listing gain is over and above our expectations, while long term investors can continue holding for long term growth as the sector outlook remains very optimistic given the company's well-positioned business model..

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