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Bajaj Housing Finance IPO Allotment

Bajaj Housing Finance IPO GMP: Record-Breaking Subscription of ₹3.23 Lakh Crore

The Bajaj Housing Finance IPO GMP has shattered records, attracting a monumental ₹3.23 lakh crore in subscriptions, which is over 1% of India’s GDP. The IPO, with a total issue size of ₹6,560 crore, was oversubscribed by 63.61 times, exceeding previous records held by Coal India Ltd. and Mundra Port. With 72.75 crore shares offered at a price band of ₹66-70, there were bids for an astounding 4,628 crore shares. The allotment was finalized on… Read More »Bajaj Housing Finance IPO GMP: Record-Breaking Subscription of ₹3.23 Lakh Crore

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