Bajaj Housing Finance's Rs 6,560-crore IPO opened on September 9, 2024, and was fully subscribed within just four hours. The IPO saw strong demand from high-net-worth individuals (HNIs) and retail investors, with their reserved portions already oversubscribed.
The issue received bids for over 1.46 billion shares against the 727.6 million shares on offer. The company had earlier raised Rs 1,758 crore from anchor investors. The IPO will close on September 11, 2024, with the full issue booked at 2.01 times on the first day.