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Bajaj Housing IPO Oversubscribed, Sees Strong Response | Bajaj Housing Finance IPO News
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Bajaj Housing Finance Ltd.'s initial public offering entered its third and final day on Wednesday after the issue was subscribed 7.51 times on its second day. It was subscribed 2.02 times on the first day. The three-day offer entails a fresh issue of equity shares worth Rs 3,560 crore and an offer for sale worth Rs 3,000 crore from its owner, Bajaj Finance Ltd. The price band is set at Rs 66–70 apiece. The issue will close on Sept. 11. BHFL raised Rs 1,757 crore from anchor investors on Friday.
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