Bajaj housing finance IPO
Bajaj Housing Finance Ltd (BHFL), the second largest housing finance company in India in terms of assets under management and a wholly owned subsidiary of Bajaj Finance, is that set to make a significant stride by launching its initial public offering (IPO) on Monday.
The company, known for its diverse range of mortgage products and focus on salaried customers, aims to carve out a distinctive niche in the prime housing segment, which is traditionally dominated by banks.
The price band has been set in the range of 766-70 apiece, and the company is looking to raise a total of 76,560 crore from its primary stake sale, which includes a fresh share sale of 23,560 crore.
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