Bajaj Housing lists at 114% premium, market cap at Rs 1.37 lakh crore
New Delhi, September 17, 2024.
Bajaj Housing Finance shares listed at Rs 150 on the stock exchanges on Monday, with a 114 per cent premium over the IPO price of Rs 70. The stock climbed further to hit the upper circuit at Rs 164.99 and closed at that level during the day.
The company’s market capitalisation on the listing day was Rs 137,406 crore, according to the BSE data.
This is the fourth finance company from the Bajaj stable to be listed on the exchanges. Bajaj Finance has a market capitalisation of Rs 4.54 lakh crore, Bajaj Finserv Rs 2.96 lakh crore and Bajaj Holdings and Investment Rs 1.16 lakh crore.
