Bajaj Housing Finance IPO: Largest IPO Of The Year Set To List Today

Описание к видео Bajaj Housing Finance IPO: Largest IPO Of The Year Set To List Today

Bajaj Housing Finance Ltd., which sought to raise Rs 6,560 crore ($781 million) in the nation’s biggest public offering of 2024, attracted bids for about $39 billion on the last day of the sale on Wednesday. That’s more than 1% of the country’s gross domestic product for the fiscal year ended 2024. 


Institutional investors drove the demand, with bids exceeding 200 times the shares set aside for them. The retail category was over-subscribed by seven times. The response was similar to that seen for Tata Technologies Ltd.’s IPO last year.


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