Bajaj Housing Finance made a Blockbuster Market Entry with 114% Premium, shares lists at ₹150!Bajaj Housing Finance made a Blockbuster Market Entry with 114% Premium, shares lists at ₹150!

Bajaj Housing Finance shares made a remarkable debut, listing at ₹150 on BSE and NSE—114% above their issue price of ₹70. This substantial premium underscores strong market enthusiasm for the IPO.

Bajaj Housing Finance Limited IPO subscription status on Day 3 showed impressive figures: QIBs at 209.36 times, Non-Institutional Investors at 41.51 times, RIIs at 7.04 times, Employees at 2.05 times, and Shareholders at 17.53 times, totaling a 63.61 times subscription rate.

Bajaj Housing Finance Limited, registered as an NBFC-UL with NHB, provides diverse mortgage services including retail housing loans and developer financing. Using a hybrid model through 215 branches across 20 states, it enhances reach and customer engagement. The firm maintains low GNPA (0.27%) and NNPA (0.10%) ratios through meticulous credit evaluations and robust risk management strategies.

The main objective of Bajaj Housing Finance Limited is to augment capital for future lending and enhance brand visibility through listing.