Bajaj Housing Finance Ltd. made a stellar market debut, doubling in value and becoming the most valued housing finance company in India. The IPO saw overwhelming subscription, with shares ending at their upper circuit limit.

The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 63.60 times subscription on September 11, the last day of bidding, amid overwhelming participation from institutional buye

On the NSE, shares of the firm surged 10 per cent to Rs 181.50 -- the highest trading permissible limit for the day. The company's market valuation climbed Rs 13,733.12 crore to Rs 1,51,139.21 crore.

Narinder Wadhwa, Managing Director of SKI Capital, has set a target price of Rs 225, driven by confidence in the company’s future earnings and growth. He also believes Bajaj Housing Finance could capitalize on the HDFC-HDFC Bank merger to tap into the land financing market previously dominated by HDFC.

The Bajaj Housing Finance IPO brings several advantages for investors: The One Click IPO feature on HDFC Sky’s IPO app simplifies the IPO application process, offering a streamlined and efficient experience.

Sanjiv Bajaj, Chairman of Bajaj Housing Finance, shares his thoughts on the property and home loan market in India and his outlook for the broader economy.

Brokerages have initiated 'buy' calls on Bajaj Housing Finance, citing management's strong pedigree to position it as the next 'HDFC' and its superior asset quality

Bajaj Housing Finance shares soar post-market debut, hitting fresh high, surpassing ₹180 mark, with 10% increase on Tuesday.

Bajaj Housing Finance shares hit the upper circuit limit on Tuesday, extending their listing day gains. The stock jumped 10% to Rs 181.48 on the BSE, reflecting a strong market debut.