Bajaj Housing Finance raises Rs 1,757 crore from anchor investors

Quick Summary:

At the upper end of this price band, Bajaj Housing is valued at a price-to-book ratio of 3.

Some of the investors that got an allotment included the Government of Singapore, HDFC MF, New World Fund, and Capital Group.

It had an AUM of Rs 97,000 crore, and its capital adequacy ratio is robust at 23.8 per cent.

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Article Details

Category: BusinessFinance

Markets: IndiaSingapore

Topics: Investors Bajaj Housing Finance Limited Housing Finance Funding

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-06 @ 22:51:54 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 320 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 17 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 22393580

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