Ever dreamt of doubling your money in just a few days?
Well, some Indian investors are living that dream right now!
On Monday, Bajaj Housing Finance made a stunning debut on stock exchanges.
Shares of the company listed at 150 rupees per piece – that's a cool 114 per cent return over the initial investment of 70 rupees per share in the IPO. This instantly makes it one of the hottest IPOs of the year.
Now, these returns were not unexpected.
The company was in the market to raise 6,560 crore rupees – and it got bids worth 3.23 lakh crore rupees! Mindboggling, isn't it?
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