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