
Why Bajaj Housing Finance IPO’s record subscription is ‘scarier’ than Resourceful Automobile IPO: Deepak Shenoy explains | Stock Market News
Source: Live Mint Bajaj Housing Finance IPO’s record-breaking subscription presents a more concerning scenario compared to the ₹12-crore IPO of Resourceful Automobile, an SME company, which attracted bids worth ₹4,800 crore. The ₹6,560-crore IPO of Bajaj Housing Finance set a new record, with subscriptions exceeding ₹3 lakh crore. The IPO was oversubscribed 63.61 times, receiving…