Key Points
The Street is eagerly awaiting the listing of Bajaj Housing Finance, which saw a record response to its IPO last week..
Since the IPO was announced, Bajaj Housing Finance shares have been in high demand in the grey market, with the GMP continually rising..
The Rs 6,560-crore IPO of Bajaj Housing Finance is the largest of the year so far and received a subscription rate of nearly 67 times the shares on offer...
"Investors can bet with a medium-to-long-term view in Bajaj Housing financing because of its superior growth, widespread presence in the housing financing industry, group and management heritage, and competitive valuation compared to peers," said Master Capital Services...
The combination of strong financials, a reputable brand, and immense investor interest positions Bajaj Housing Finance for a potentially successful listing," said Shivani Nyati, Head of Wealth, Swastika Investmart...
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