Bajaj Housing Finance Rs 6,560-cr IPO to open on Sep 9

Bajaj Housing Finance Rs 6,560-cr IPO to open on Sep 9

Bajaj Housing Finance Rs 6,560-cr IPO to open on Sep 9

NEW DELHI: Bajaj Housing Finance is set to float its much-awaited Rs 6,560-crore initial share-sale for public subscription on September 9.

The initial public offering (IPO) will conclude on September 11 and the bidding for anchor investors will open for a day on September 6, according to the red herring prospectus (RHP).

The proposed IPO comprises a fresh issue of equity shares of up to Rs 3,560 crore and an offer for sale (OFS) of equity shares to the tune of Rs 3,000 crore by parent Bajaj Finance.