Bajaj Housing Finance IPO: Bajaj Housing Finance shares can cross Rs 150 on the very first day. The grey market premium (GMP) of the company's shares is indicating this. The price of Bajaj Housing Finance shares in the IPO is Rs 70. At the same time, the company's shares have reached a premium of Rs 82 in the grey market. Bajaj Housing Finance shares will be listed on BSE and NSE on September 16.

Listing can happen at a profit of 117%
The price of Bajaj Housing Finance share is Rs 70. While GMP has reached Rs 82. According to the grey market premium, shares of Bajaj Housing Finance can be listed at Rs 152. That is, the company's shares can be listed at a premium of more than 117 percent. GMP data has been taken from investorgain. The total size of Bajaj Housing Finance's public issue was Rs 6560 crore. The company's IPO opened for subscription on 9 September and remained open till 11 September.

The IPO was subscribed more than 67 times
Bajaj Housing Finance's IPO has been subscribed a total of 67.43 times. The retail investors category has placed 7.41 times bets in the company's IPO. At the same time, the non-institutional investors (NII) category has received 43.98 times subscription. The Qualified Institutional Buyers (QIB) category has placed 222.05 times bets in the IPO. The IPO has received 2.13 times subscription in the Employees category and 18.54 times subscription in the Others category. Retail investors could place bets for a minimum of 1 lot and a maximum of 13 lots in the Bajaj Housing Finance IPO. There are 214 shares in one lot of the IPO. That is, retail investors have to invest at least Rs 14,980. Bajaj Housing Finance was started in the year 2008. Bajaj Housing Finance is a non-deposit taking housing finance company. The company is registered with the National Housing Bank since 2015.