News > Bajaj Housing Finance IPO: Issue subscribed 7.51 times on day 2, NIIs steal the show

Bajaj Housing Finance IPO: Issue subscribed 7.51 times on day 2, NIIs steal the show

10/09/2024 11:06 PM | Click to read full article

The IPO will close on September 11. The retail investors' allocation was oversubscribed by 3.84 times, while the non-institutional investors' share was subscribed 16.46 times. The qualified institutional buyers (QIBs) portion received 7.46 times its allocation. The employee segment saw a subscription rate of 97%, and the shareholder portion was oversubscribed by 9.55 times. The IPO was subscribed 2.02 times on its first day of subscription.

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