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Bajaj Housing Finance breaks all IPO records after getting bids worth ₹ 3.2 lakh crore

Keeping up with the hype, Bajaj Housing Finance IPO has shattered all records in history after receiving bids worth over ₹ 3.2 lakh crore. The company sought to raise around ₹ 6,560 crore through a combination of fresh equity sale and an offer for sale (OFS).

The issue was subscribed 63.6 times at close, driven by strong interest from non-institutional investors, whose category was subscribed over 200 times.

Courtesy: The Economic Times

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