Wed Sep 11 05:01:03 UTC 2024: ## Bajaj Housing Finance IPO to close today, sees strong grey market premium

**Mumbai, September 11, 2024:** The Initial Public Offering (IPO) of Bajaj Housing Finance is set to close today, September 11, 2024. The IPO, which opened for subscription on September 9, has garnered significant interest from investors, with the grey market indicating a potential for strong gains.

**IPO Details:**

* The IPO size is ₹6,560 crore, with a price band of ₹66 to ₹70 per share.
* The company is issuing 50.86 crore fresh shares worth ₹3,560 crore and offering 42.86 crore shares for sale worth ₹3,000 crore.
* The allotment of shares is scheduled for September 12, with listing on BSE and NSE on September 16.

**Investor Response:**

The IPO has been subscribed 8 times in the first two days. Retail investors have subscribed 4.12 times, QIB 7.91 times, and NII 17.49 times.

**Grey Market Premium:**

The grey market premium (GMP) for Bajaj Housing Finance is currently ₹65. This indicates that the share price could list at ₹135 per share, representing a potential profit of 92.86% for investors.

**Minimum Investment:**

Retail investors need to invest a minimum of ₹14,980 for one lot of 214 shares.

**Disclaimer:** Investors are advised to consult with a market expert before investing in any IPO.

**Note:** This article is based on the provided text and does not constitute investment advice.

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