Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Sep 04, 2024

Bajaj Housing Finance IPO - An HFC To Own: Yes Securities

Bajaj Housing Finance IPO - An HFC To Own: Yes Securities
Residential buildings. (Source: Anton Maksimov/Unsplash)

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Yes Securities Report

Bajaj Housing Finance Ltd. is coming with an initial public offering of Rs 65.6 billion which includes an offer for sale of Rs 30 billion by Bajaj Finance Ltd.

As per market sources, the company could be valued/priced near Rs 600 billion on post-money basis in the IPO. Significant value could get added over next 12-15 months as 25-30% assets under management/earnings growth and 14-15% return on equity is likely in next couple of years.

Key strengths of Bajaj Housing Finance are growth execution, risk management and operating efficiencies.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search