Bajaj Housing Finance makes strong debut on the BSE
Bajaj Housing Finance has debuted at Rs 150.00 on the BSE, up by 80 points or 114.29% from its issue price of Rs 70.00.
The scrip is currently trading at Rs 157.30, up by 87.3 points or 124.71% from its issue price.
It has touched a high and low of Rs 160.92 and Rs 147.00 respectively. So far 420.96 lakh shares were traded on the counter.
The offering, which was open for subscription between September 9, 2024 and September 11, 2024 was subscribed around 67.43 times. The issue price was fixed at Rs 70.00 per share i.e. at upper end of price band of Rs 66-70 apiece.
Bajaj Housing Finance is a non-deposit taking Housing Finance Company registered with the National Housing Bank, offering tailored financial solutions for purchasing and renovating residential and commercial properties.