Bajaj housing finance break all records and hit the upper circuit with 135% return on listing day only.what ever the Bajaj housing finance company is the market leader on housing finance sector.
if we are talking about the market capitalisation 110743cr with secure the leading position of the housing finance sector 164 rupees market price .Hudco 49476cr market capitalisation,247 market price-secure second position and Lic housing finance 37434cr market capitalisation,680 market price secure 3rd position.
Last 5yr company continue grow revenue from 2646 crore in 2020 to 5664 crore in 2024.where net profit in 2020 is 421 crore and 1257cr in 2024 which was outbreak profit in houseing finance sector.debt to equity is slightly increase 4.58 to 5.1the ratio of debt is very low.
Initially company offering 6560 crore for fund receive in Bajaj housing finance.but the last week of IPO lounching 3.23lakh crore rupees subscription are included.this is the one of reason to reach the listing day only share reach 135% return which 70 rupees to 164 rupees.
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