Date: 16th September 2024IPO Size: ₹6,560 croreGet ready to invest in a strong housing finance company!
– Fresh Issue: ₹3,560 crore– Offer for Sale: ₹3,000 croreBajaj Housing Finance is offering a mix of fresh shares and an offer for sale.
– Expected Price: ₹70 per shareThe price band offers great value for investors looking for solid returns.
– Loan Book Growth: 31% annually (FY22-FY24)– Capital Adequacy Ratio: 24% as of June 2024Strong financial growth and stability make this IPO attractive.
– Minimum Investment: ₹14,980 (1 lot = 214 shares)– Maximum Investment: ₹1,94,740 (13 lots = 2,782 shares)
– GMP: ₹65 as of 11th September 2024Strong demand in the grey market signals investor confidence.
While the financials are promising, always perform your own research before investing!