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Bajaj Housing doubled investors' money today.

Bajaj Housing Finance has made a strong debut on the stock exchanges. Since its launch in the market, Bajaj Housing Finance's stock has more than doubled investors' money. Shares of Bajaj Housing Finance were trading at Rs 150 on BSE and NSE on Monday, up 114.29 per cent. At the time of the IPO, the company's share price was Rs 70. The company's IPO started on September 9, 2024 and was open till September 11. After the IPO, shares of Bajaj Housing Finance rose more than 6% to Rs 160 on the BSE. Huge gains. At the same time, the company's shares on NSE rose more than 6 per cent to Rs 160. The total public amount of Bajaj Housing Finance was Rs 6,560 crore. When this company went public, private investors could bet a minimum of 1 lot and a maximum of 13 lots. One lot in the IPO consisted of 214 shares. In other words, a retail investor would have to invest Rs 14,980 crore in one property in Bajaj Housing Finance's IPO.

Bajaj Housing Finance's IPO received a total of 67.43 shares. The individual investor slot in the Bajaj Group company's IPO saw a 7.41 times increase. However, the stake in the non-institutional investor (NII) category was 43.98 times. The Qualified Institutional Buyer (QIB) quota for the company's IPO was oversubscribed 222.05 times. At the same time, the employee category received 2.13 times more subscription. However, in the other category, the stakes were 18.54x. Bajaj Housing Finance was founded in 2008. A home financing company that does not require any down payment. Bajaj Housing Finance Limited is registered with the National Housing Bank since 2015.