Bajaj Housing Finance, a non-deposit-taking Housing Finance Company (HFC) registered with the National Housing Bank (NHB) since September 24, 2015, is set to launch its Initial Public Offering (IPO) from September 9, 2024, to September 11, 2024. The IPO offers a lot size of 214 shares with a price range of ₹66 to ₹70, making the minimum investment amount ₹14,124. The total issue size is ₹6,560 crore.
Also Read : Top 10 Emerging Economies in 2024 & their Growth Potential.
Company Overview:
Founded in 2008, Bajaj Housing Finance has grown to become a significant player in the housing finance sector. The company operates under the leadership of Managing Director Mr. Atul Jain and is a part of the larger Bajaj Group.
Why should we Buy Share of Bajaj Housing Finance :
As of March 31, 2024, Bajaj Housing Finance served 308,693 active customers, with 81.7% of them being home loan clients. This strong customer base underscores the company’s stability and growth potential, making its IPO an attractive investment opportunity.
