IPOs above Rs 6,500 crore.Be Ready

After a long wait, Bajaj Housing Finance has announced the date of its IPO of more than Rs 6500 crore. According to the latest update, subscription of Bajaj Housing Finance's IPO can be taken from 9-11 September. The company will issue an offer for sale along with a fresh issue. Talking about the gray market, there is a craze about this IPO. It has reached Rs 65 even before the price band is released.

The company has informed that the shareholders of Bajaj Finance and Bajaj Finserv will be given quota. BofA Securities India, Axis Capital, Goldman Sachs India, Kotak Mahindra Capital Company, SBI Capital Markets, JM Financial and IIFL Securities have been made book running lead managers. At the same time, KFin Technologies has been made the registrar of this issue.