1. Latest GMP (Grey Market Premium):
- GMP: The Grey Market Premium for Bajaj Housing Finance IPO is fluctuating, but it generally hovers around ₹20-25. This indicates that the stock is expected to list at a premium of this amount over the issue price.
2. Subscription Status:
- Overall Subscription: The IPO has been receiving a positive response, with significant interest from both retail and institutional investors. As of Day 3, the subscription status may show high demand, particularly in the retail segment.
- Retail Portion: Typically, retail investor segments see strong subscription rates, often oversubscribed by multiple times.
- QIB (Qualified Institutional Buyers) & NII (Non-Institutional Investors) Portions: These portions also tend to be oversubscribed, reflecting strong institutional confidence.
3. Should You Apply?
- Positive Indicators: If you are considering applying, factors like strong GMP, good subscription numbers, and the reputation of Bajaj Housing Finance might be positive indicators. The premium in the grey market suggests confidence in the stock’s performance post-listing.
- Caution: However, always consider your financial goals and risk tolerance. IPO investments can be volatile, and past performance is not always indicative of future results.
4. Key Details on the Last Day:
- Issue Size and Price Band: Double-check the final issue size and price band. This information is crucial for evaluating the IPO’s valuation and potential.
- Application Procedure: Ensure you complete the application process before the deadline, typically by the end of the trading day.
