Bajaj Housing Finance IPO GMP increases to ₹56, signaling strong investor interest.

From Google: 2024-08-31 06:32:01

Market observers have noted that the grey market premium (GMP) for Bajaj Housing Finance IPO has surged from ₹42 to ₹56 ahead of the company filing its Red Herring Prospectus (RHP). This increase is a positive sign for the upcoming IPO, indicating strong investor interest. The GMP is a key indicator of market sentiment towards an IPO, with higher premiums reflecting high demand for the shares. Investors will be closely watching the final pricing and subscription numbers for the IPO, which is expected to attract significant attention in the market.



Read more at Google: Bajaj Housing Finance IPO GMP jumps from ₹42 to ₹56 ahead of RHP filing: Market observers | Stock Market News – Mint