My views in Hindu Businessline on the magnanimous listing of the one and only Bajaj Housing Finance https://lnkd.in/dUDR8XRX
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Bajaj Housing Finance share latest news. Bajaj Housing Finance share news today. Bajaj Housing news. #Finance
Bajaj Housing Finance share latest news. Bajaj Housing Finance share news today. Bajaj Housing news. #Finance
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Bajaj Housing Finance Limited (#BHFL) continues its remarkable rise following a blockbuster debut on Monday. #Shares of the company, which opened 114% higher than the issue price and surged to settle 136% higher on the BSEIndia and NSE India, climbed another 10% on Tuesday, reaching a record high of Rs 181.48 per share. With a market capitalisation of Rs 1.51 trillion, BHFL is now the largest housing finance company in India, more than 2.5 times its initial public offering (#IPO) valuation of Rs 58,300 crore. It has surpassed U.S. Department of Housing and Urban Development (#Hudco) and LIC Housing Finance Limited, which have #market capitalisations of Rs 49,056 crore and Rs 37,239 crore, respectively. #BajajHousingFinance #LIC #MarketCapital #NSE #BSE
Bajaj Housing Finance Vs LIC Housing Finance: What’s a better stock to pick? Check on valuations, market cap and asset quality
financialexpress.com
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Sundaram Home Finance is targeting to penetrate deeper into smaller towns in Tamil Nadu over the next 12 months. #SundaramHomeFinance #Finance
Sundaram Home Finance eyes expansion in tier 3 regions
dtnext.in
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Bajaj Housing Finance Latest News | Bajaj Housing Finance Share News | Bajaj Housing Target Price #Finance
Bajaj Housing Finance Latest News | Bajaj Housing Finance Share News | Bajaj Housing Target Price #Finance
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#MarketsWithMC | Bajaj Housing Finance will contribute to India's credit growth and enable greater access to finance, says Sanjiv Bajaj. Here's more on it ⬇️ #BajajHousingFinance
See steady credit growth at 12-15% in housing finance business, says Sanjiv Bajaj
moneycontrol.com
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Bajaj Housing Finance Limited Makes a Stellar Market Debut: Key Lessons for #Pakistan’s #Housing Sector The remarkable IPO of Bajaj Housing Finance Limited, with shares surging by 114.29% upon listing and raising over ₹6,560 crore ($790 million USD), highlights the immense growth potential in India’s housing finance market. This success is a testament to the impact of strategic government policies and the strength of housing finance companies (#HFCs) like: 🔹 HDFC Limited 🔹 LIC Housing Finance Limited 🔹 PNB Housing Finance Limited 🔹 Indiabulls Housing Fianance Limited. These #HFCs have been instrumental in making #homeownership more #accessible across India through innovative products and support from government initiatives such as interest rate subsidies and affordable housing schemes like "Housing for All." As #Pakistan faces significant challenges in #housing and #housingfinance, there are crucial lessons we can learn from India's experience: 1. #GovernmentBackedInterestRateSubsidies: Implementing subsidies for home loans, as seen in India's "Credit Linked Subsidy Scheme," can make housing affordable for #lowerandmiddleincomegroups. 2. Promoting #NonBankHousingFinance: Encouraging the growth of #HFCs will diversify financing options, making mortgages more accessible to the masses. 3. Public-Private Partnerships (PPPs): Engaging the private sector in affordable housing projects through government guarantees and incentives can stimulate housing development and reduce the affordability gap. 4. Strengthening Legal Frameworks: Simplifying property registration, protecting property rights, and improving mortgage laws will attract more investors and make housing finance more secure and accessible. By leveraging these regional strategies, Pakistan has the opportunity to address its housing deficit, improve access to finance, and create sustainable growth in the sector. #HousingFinance #AffordableHousing #Pakistan #IPO #Investment #RegionalDevelopment #PublicPrivatePartnerships #FinancialInclusion #Housing https://lnkd.in/euAZrjxV
India's Bajaj Housing Finance sees shares more than double on debut after stellar IPO
cnbc.com
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Historic Rs 3.2 Lakh Crore Bids for Bajaj Housing Finance, why? Factors Behind the Success: Strong Market Position: Bajaj Housing Finance has built a solid presence in the housing finance market, providing it with a robust foundation to attract large investor interest. Attractive Financial Products: Offering competitive home loans and personal loans with flexible terms, the company's product portfolio caters to a broad customer base. Robust Financial Performance: The company’s consistent revenue growth and profitability have made it a reliable option for investors, enhancing confidence in its future prospects. Favorable Economic Environment: India’s growing economy, coupled with favorable government policies and low interest rates, has boosted the demand for housing finance. Effective Marketing and Investor Relations: Bajaj Housing Finance’s clear communication of its value proposition and strong investor relations efforts have helped in garnering massive interest.
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BAJAJ Housing Finance 1. At IPO price, market cap will be at Rs. 58k Cr. IPO is valued at P/Bx of 3.2x 2. Other large size peers like LIC Housing, PNB Housing, Canfin Housing are available at P/B 1.3-2.7x. 3. Smaller players like Aadhar, Aavas, Aptus and Home Finance are available at range of 3.3x to 4.8x. 4. Last 3 years growth - AUM growth of 31% CAGR over FY22-24 with 56% PAT CAGR 5. BHFL has lowest GNPA & NNPA in the industry (best asset quality) So, considering all parameters - its presence in housing finance & other financing space, its superior growth, and best operational metrics along with Top class proven Promoters - BHFL will attract Premium Valuations. Listing Price View - As per current GMP it is likely to List around 100% Gains i.e., Rs. 140-150 range vs issue price of Rs. 70/-. With such listing, it will be available at P/B of above 6x. Leaves limited upside growth. Sell on Listing - Price above Rs. 130-140 Hold on Listing - Incase of bad listing with 30-60%. Fresh Buying - Only below Rs. 100-110 range or else I will wait for market to settle down & wait for price discovery because after a good listing gains, hardly any immediate upside is left.
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Bajaj Housing Finance Share | Bajaj Housing Finance Crash | Bajaj Housing Finance latest news | #Finance
Bajaj Housing Finance Share | Bajaj Housing Finance Crash | Bajaj Housing Finance latest news | #Finance
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Bajaj Housing Finance share latest news | Bajaj Housing Finance share price 🔥| Bajaj Housing target #Finance
Bajaj Housing Finance share latest news | Bajaj Housing Finance share price 🔥| Bajaj Housing target #Finance
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