News that fits you

Highlights

  • Bajaj Housing Finance gave 114% returns on listing day to its investors
  • It listed at a price of ₹150 over its issue price of ₹70
  • The ₹6,560 crore IPO got bids worth over ₹3.23 lakh crore

Latest news

Dell Launches New Pro Precision AI Workstations In India, Introduces Deskside Agentic AI Platform

Dell Launches New Pro Precision AI Workstations In India, Introduces Deskside Agentic AI Platform

Oppo Enco Air5 Review: Incredible Value at ₹3,099

Oppo Enco Air5 Review: Incredible Value at ₹3,099

Samsung Galaxy A27 5G Goes On Sale In India With Cashback Offers, Zero Down Payment Schemes

Samsung Galaxy A27 5G Goes On Sale In India With Cashback Offers, Zero Down Payment Schemes

Nothing Phone (4b) First Impressions: A Strong Debut For The New 'b' Series 

Nothing Phone (4b) First Impressions: A Strong Debut For The New 'b' Series 

Samsung Galaxy A27 Review: A Dependable Mid-Ranger With Few Surprises

Samsung Galaxy A27 Review: A Dependable Mid-Ranger With Few Surprises

Union Finance Minister Nirmala Sitharaman Inaugurates Muzhiyan Kulam, Restored by Lumina Datamatics and Community Stakeholders in Puducherry

Union Finance Minister Nirmala Sitharaman Inaugurates Muzhiyan Kulam, Restored by Lumina Datamatics and Community Stakeholders in Puducherry

"Don't think anyone will be able to break his track record": Annu Kapoor hails Big B's unmatched legacy

"Don't think anyone will be able to break his track record": Annu Kapoor hails Big B's unmatched legacy

Rewriting the Rules of Business Education: Stride School of Business Unveils Its AI-First Campus Infrastructure

Rewriting the Rules of Business Education: Stride School of Business Unveils Its AI-First Campus Infrastructure

Bajaj Housing Finance Delivers 114% Listing Gains – Did You Invest?

Bajaj Housing Finance made a remarkable debut on NSE and BSE with a 114% premium, listing at ₹150 over its issue price of ₹70. The ₹6,560 crore IPO got bids worth ₹3.23 lakh crore, with 63.61 times subscription, marking it one of the hottest IPOs of 2024.

Updated: Sep 02, 2022 10:53
|

Editorji News Desk

Bajaj Housing Finance Delivers 114% Listing Gains – Did You Invest?

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?

What's your take on the IPO frenzy in India? Let us know in the comments. And don't forget to subscribe for more market news that matters to you!

Also Read: Wipro's Strict Return-to-Office Policy: Employees Face Leave Cuts for Non-Compliance

ADVERTISEMENT

Up Next

Bajaj Housing Finance Delivers 114% Listing Gains – Did You Invest?

Bajaj Housing Finance Delivers 114% Listing Gains – Did You Invest?

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Step-by-step guide to apply for a mortgage loan online with minimal documentation

Honda Activa 6G: Everything You Need to Know Before Buying

Honda Activa 6G: Everything You Need to Know Before Buying

How much does a ULIP plan really cost? A break-down of all charges

How much does a ULIP plan really cost? A break-down of all charges

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Centre plans to borrow Rs 8.20 lakh cr from market in first half of FY27

Reliance denies buying Iranian oil amid US sanctions waiver

Reliance denies buying Iranian oil amid US sanctions waiver

ADVERTISEMENT

editorji-whatsApp

More videos

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

Premium petrol price up Rs 2, industrial diesel up Rs 22; no change in normal petrol, diesel rates

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

India's GDP expected to register over 8 pc growth in Sep-Dec: Report

Govt announces seven measures to help boost exports

Govt announces seven measures to help boost exports

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI keeps interest rates on hold after US trade deal boosts outlook

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI proposes to compensate customers up to Rs 25,000 loss due to fraud

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI raises GDP growth projection of Q1, Q2 of FY27

RBI pauses rate cuts, retains interest rate at 5.25 pc

RBI pauses rate cuts, retains interest rate at 5.25 pc

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Rupee jumps 122 paise to close at 90.27 against US dollar on India-US trade deal

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

Stock markets cheer India-US trade deal: Sensex, Nifty surge 2.5 pc

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

UPI transactions hit record high of Rs 230 lakh crore in 2025-26 till Dec: Govt

Categories

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.