Bajaj Housing Finance's IPO Sets A Record With ₹3.3 Cr In Bids. Watch Deven Choksey's Take On IPO

Bajaj Housing Finance shares are expected to be allotted to successful IPO bidders today (Thursday, 12 September) following a record-breaking subscription of over ₹3 lakh crore for the ₹6,560 crore issue. The IPO saw a massive response, with the non-institutional investors' portion subscribed 41.51 times, the Qualified Institutional Buyers (QIBs) quota receiving over 209 times subscription, and the Retail Individual Investors (RIIs) portion garnering over 7 times. Deven Choksey, MD of DR Choksey FinServ, shares his insights on the IPO and its expected performance post-listing.