Bajaj Housing Finance IPO Listing: Investors showed a lot of enthusiasm about Bajaj Housing Finance's IPO

Bajaj Housing Finance IPO Listing:  Investors showed a lot of enthusiasm about Bajaj Housing Finance's IPO. The same enthusiasm was also expressed on the listing today. Investors' money doubled on the listing of this stock priced at Rs 70 per share.

Bajaj Housing Finance IPO Listing: Bajaj Housing Finance has been listed. With its listing in the market, the stock made its investors rich. Bajaj Housing Finance was listed in the stock market on Monday and with the listing, the investors' money more than doubled. Bajaj Housing Finance has been listed on both BSE and NSE at Rs 150 with a premium of 114.29 percent.  

how much did you earn  

Investors showed a lot of enthusiasm about Bajaj Housing Finance's IPO. The same enthusiasm was also seen on the listing today. Investors' money doubled on the listing of this share of Rs 70 per share. It started gaining momentum right after listing and within a short time Bajaj Housing Finance's share crossed Rs 155. If seen from the investors' point of view, the money of those who invested in Bajaj Housing Finance's IPO has more than doubled in a single day. Investors got a profit of Rs 80 on each share. The share has given a great listing gain of 114 percent. The upper priceband of the IPO was Rs 70, now it is listed at Rs 150, that is, the investors who invested in this share have got a listing gain of 114.29 percent.  

Market experts also seem excited about this stock. According to market experts, since the company's business model is very strong and good, along with this the outlook of the country's housing sector is also very positive, so this stock can continue to perform well in the long term, which will benefit investors, although small investors are also being advised to book profits. Let us tell you that Bajaj Housing Finance's IPO received tremendous enthusiasm from the people. The company had planned to raise Rs 6560 crore through IPO. The company's IPO received about 64 times subscription.  

17000 profit on one lot

Retail investors had to invest Rs 14,980 in exchange for 214 shares. That is, if someone got one lot, then Rs 14,980 became Rs 32,057 today, that is, a profit of Rs 17000 was made in one day. Its listing indication in the grey market was Rs 145, which was indicating a 107 percent premium compared to the price band. But this IPO has entered the market with a premium even higher than the indication of the grey market.   

The most talked about IPO of the year

Bajaj Housing Finance's IPO received a tremendous response. On the last day of subscription, people invested a lot of money in this IPO. This IPO was subscribed 67.37 times. Compared to 6500 crores, this IPO received an amount of more than Rs 3 lakh crore.