Bajaj Housing Finance IPO: Bajaj Housing Finance’s IPO has received a strong response from investors. After subscription, now the listing of the company’s shares is going to happen tomorrow i.e. on 16th September. The charm of IPO is still intact in the grey market and under this, investors’ money can double on listing. On the other hand, experts are also very bullish about this IPO and they say that investors’ money can double on listing itself.
Bajaj Housing Finance IPO: What should be the strategy after listing?
Apart from listing gains, analysts also have high expectations from this company from a long term perspective. Prashant Tapase of Mehta Equities advised conservative investors to opt for profit booking if listing gains exceed market expectations.
However, Tapase suggested that long-term investors can hold the stock for long-term growth, as the outlook for the sector remains very optimistic given the company’s superior business model. “We believe the housing sector will continue to perform well in the next 3-4 years and Bajaj Housing can take advantage of the opportunity to lead this sector,” Tapase said.
Bajaj Housing Finance IPO: Money can double on listing itself
According to Shivani Nyati of Swastika Investmart, Bajaj Housing Finance’s listing could potentially be successful due to its strong financial position, reputed brand and huge investor interest. Prathamesh Masdekar of Stoxbox expects a strong listing on the stock exchanges on Monday. He expects a premium of 107% over the upper price band.
Bajaj Housing Finance IPO: Latest update from gray market
Bajaj Housing Finance’s IPO is getting a strong response from the unlisted market. Today, on 15 September, this issue is trading at a premium of Rs 69. According to this, the company’s shares are likely to be listed at a price of Rs 139. If this happens, investors will get a huge profit of 98.57 percent. That is, the investors’ money will almost double.
Bajaj Housing Finance IPO has received tremendous response
Bajaj Housing Finance, a Bajaj Group company, has received bids worth ₹ 3.24 lakh crore for its ₹ 6560 crore IPO. This IPO has been subscribed almost 64 times. Under this, the portion reserved for retail investors (RII) has been subscribed 7.04 times, the portion reserved for qualified institutional buyers has been subscribed 209.36 times and the portion reserved for NII has been subscribed 41.51 times.
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