Bajaj Housing Finance IPO: If you also earn from IPO, then this news can prove to be useful for you. Actually, today i.e. on Monday, the IPO of Bajaj Housing Finance is to be listed in the stock market. Bajaj’s IPO has received a strong response from investors during subscription. The charm of IPO is intact in the gray market as well, in such a situation, the question in the minds of the people is that when there is positive news about it everywhere, will the investors’ money double on listing today? Let’s know what is the expert’s opinion on this…
By the way, according to the positive signs being received in the grey market, experts are also very bullish about this IPO and they say that investors’ money can double on listing itself.
Make a strategy like this after listing
Apart from the listing gains, analysts also have high expectations from this company from a long term perspective. According to Senior Search Analyst Aastha Jain, conservative investors are advised to opt for profit booking if the listing gains exceed market expectations.
He suggested that long term investors can hold the stock for long term growth, as the outlook for the sector remains very optimistic given the company’s superior business model. Market experts believe that the housing sector will continue to perform well in the next 3-4 years and Bajaj Housing can take advantage of the opportunity to lead this sector.
Money can double on listing itself
According to Aastha Jain, the listing of Bajaj Housing Finance can potentially be successful due to its strong financial position, reputed brand and huge interest from investors. Prathamesh Masdekar of Stockbox expects a strong listing on the stock exchanges on Monday. He expects a premium of 107% over the upper price band.
Explosion in the gray market
Bajaj Housing Finance’s IPO is getting a strong response from the unlisted market. Today, on 15 September, this issue is trading at a premium of Rs 69. According to this, the company’s shares are likely to be listed at a price of Rs 139. If this happens, investors will get a huge profit of 98.57 percent. That is, the investors’ money will almost double.
How much did you subscribe
Bajaj Housing Finance, a company of Bajaj Group, has received bids worth ₹ 3.24 lakh crore for its ₹ 6560 crore IPO. This IPO has been subscribed almost 64 times. Under this, the portion reserved for retail investors (RII) has been subscribed 7.04 times, the portion reserved for qualified institutional buyers has been subscribed 209.36 times and the portion reserved for NII has been subscribed 41.51 times.
