Bajaj Housing Finance Debuts with 114% Gain – Time to Invest?

[{"selector":"#anim-0c8fc4b1-9c5f-4dbc-8a08-aa17430bb4c5","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bf114378-7573-48c3-b21f-9365c6ed50e6","keyframes":{"transform":["translate3d(0px, 482.63847%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9a786694-2cf3-4938-9ba6-10e8d38cd6ba","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-84f3ac40-bcc2-4e9e-9170-eb01ca70069c","keyframes":{"transform":["translate3d(-127.44361%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0ea2de06-4c46-47b3-bcdf-ad66592dbdc4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Bajaj Housing Finance shares listed at a 114% premium, debuting at Rs 150 vs an issue price of Rs 70 on both BSE and NSE. Photo Credit: Google

[{"selector":"#anim-4ccef66c-3d2c-4883-b271-63c1f3170b09","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c2777e27-c246-4831-8e74-b509c1069ac1","keyframes":{"transform":["translate3d(127.44360%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-24b3ba8f-7e31-4c93-a31b-7de769f229f8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-60540423-e853-4429-81e0-a1b92154926c","keyframes":{"transform":["translate3d(0px, 482.63847%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b32c309e-5cfe-410d-ab61-313439935430 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(17.357142905892115%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] The company's shares had a grey market premium (GMP) of 120% ahead of the listing. Photo Credit: Google

[{"selector":"#anim-01915de4-6dd4-459a-b1df-b9178c21c025 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(23.555693660244906%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a8254270-1665-4fef-b990-b5ee382ac754","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9f9e6c76-6f91-4d31-bc58-4e47feb2f733","keyframes":{"transform":["translate3d(-127.44361%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3d608383-5c56-416c-8847-8db555d759f1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c84832e9-c402-4928-880f-7c9be08b80ef","keyframes":{"transform":["translate3d(0px, 482.63847%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Bajaj Housing Finance has an Assets Under Management (AUM) of Rs 97,100 crore as of Q1 FY25. Photo Credit: Google

[{"selector":"#anim-25352eb1-a54b-4141-85c9-fa5b7180f0f5 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-1.4464285754910051%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-425e7d13-3c48-4a1f-9b6a-f1018b0adc29","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bed528d8-ea17-4308-a291-f55bb0d6893d","keyframes":{"transform":["translate3d(127.81954%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-356a0677-84c2-499a-94d5-a46cda01a02c","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-32131214-5dd7-4ba4-9638-d7c6c203f5a0","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] It is the largest non-deposit-taking housing finance company (HFC) backed by Bajaj Finance. Photo Credit: Google

[{"selector":"#anim-11b93403-8572-410e-b173-bc352eab0ec0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0efed855-db46-4c71-bf10-cf70d4bd5ee3","keyframes":{"transform":["translate3d(-127.44361%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3297db14-9aab-488f-a0c1-fc671987fca7","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-951e61ff-1e71-4892-9780-ae2e07895f67","keyframes":{"transform":["translate3d(0px, 482.63847%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-778df6bc-7d95-4cac-b015-071fbfee37f0 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(17.357142905892115%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] From FY22 to FY24, AUM grew by 31%, while profit increased by 56%. Photo Credit: Google

[{"selector":"#anim-568748c0-ca3b-49d1-9bf4-d24fac20d9d3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(8.103697493891687%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-fb3e3c46-fc03-4387-b28a-72d46527bc81","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-af4e6ad7-96f0-4891-b0cf-7b33ed3045bf","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Bajaj Housing Finance has been registered with the National Housing Bank since September 2015. Photo Credit: Google

[{"selector":"#anim-3cbbfa17-928d-4431-ab99-f17e44dc2bac [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-7a90c8c6-a33c-4c5e-8d63-f6819f38b355","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6039edc9-3ccf-406d-9aed-93ffb58d2216","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] It offers customized financial solutions for residential and commercial property purchases and renovations. Photo Credit: Google

[{"selector":"#anim-d7387aa9-cdc7-46a8-91c5-0e893310e105 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-613463f1-f64a-4bb1-9e5c-946eb84670b1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73382b0d-79a6-447e-9ddd-7489dbefdfc6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The company does not accept deposits, focusing solely on housing finance. Photo Credit: Google

Bajaj Housing Finance Debuts with 114% Gain – Time to Invest?

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