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Bajaj Housing Fin IPO to open next week; More 'upper layer' NBFCs to follow suit to meet RBI norm

YourStory LogoYourStory11h ago

Bajaj Housing Fin IPO to open next week; More 'upper layer' NBFCs to follow suit to meet RBI norm - YourStory

Quick Summary:

The three NBFCs that are likely to float public issues are Tata Capital Financial Services, HDB Financial Services (NBFC arm of HDFC Bank), and Aditya Birla Finance, investment bankers said.

VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said, markets need many more quality IPOs like Bajaj Housing Finance.

Market experts also predict that a Tata Sons IPO could unlock significant shareholder value, with analysts estimating that even a 5% stake could inject over Rs 55,000 crore into the market, increasing liquidity and trading volume.


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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-04 @ 10:49:03 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 680 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 22365718

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About YourStory

YourStory Logo

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 12 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #44

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The story "Bajaj Housing Fin IPO to open next week; More 'upper layer' NBFCs to follow suit to meet RBI norm" was covered 11 hours ago by YourStory, a news publisher based in India.

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YourStory is a fully independent (privately-owned) news outlet established in 2008 that covers mostly startups, economy, and business news.

The outlet is headquartered in India and publishes an average of 12 news stories per day.

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  • URL: https://beamstart.com/news/bajaj-housing-fin-ipo-to-17254473195137

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