The IPO of Bajaj Housing Finance is scheduled for listing on September 16, 2024. The public issue, valued at ₹6,560 crore, has garnered significant interest, being subscribed 67.38 times overall. The IPO consists of a fresh issue of ₹3,560 crore and an offer for sale of ₹3,000 crore. The Grey Market Premium (GMP) has steadily increased, reaching ₹65 by September 11, indicating positive market sentiment.
The shares were available for a price band of ₹70 per share. Investors can expect the credit of shares to Demat accounts by September 13, 2024, and refunds will also begin the same day. The IPO has been particularly popular with institutional investors, with the Qualified Institutional Buyers (QIBs) portion subscribed 222.05 times, while the retail segment saw a subscription of 7.33 times
For more detailed information on the listing, you can follow up on financial news sources such as LiveMint and Finology.