Bajaj Housing Finance’s Rs 6,560 crore IPO, which opened for public subscription from September 9 to 11, 2024, has seen a significant rise of 125% from its issue price.
The price band was set between Rs 66 and Rs 70 per share. The IPO includes a fresh issue of equity shares worth Rs 3,560 crore and an offer-for-sale of Rs 3,000 crore by Bajaj Finance. The funds raised will be used to strengthen the company's capital base. The shares will be listed on BSE and NSE on September 16, 2024.