Waaree Energies beats Tatas and Bajaj to set new IPO record with 97.34 lakh applications

Waaree Energies beats Tatas and Bajaj to set new IPO record with 97.34 lakh applications

Keeping up with the massive buzz, Waaree Energies IPO received 97.34 lakh applications — the highest for any IPO in India’s primary market history to date. The previous record was held by Bajaj Housing Finance, whose IPO received around 90 lakh applications and Tata Technologies, which garnered 73 lakh applications. The Rs 4,321 crore IPO … Read more

Bajaj Housing Finance IPO subscribed 3x so far on Day 2; GMP rises to 90%

Bajaj Housing Finance IPO subscribed 3x so far on Day 2; GMP rises to 90%

The initial public offering (IPO) of Bajaj Housing Finance was subscribed over 3 times on the second day of bidding on Tuesday, led by strong demand from non-institutional investors (NIIs). On Day One, the issue was subscribed 2.02 times. At 11:09 am, the issue attracted bids for 2,17,98,61,352 shares, or 3 times against the issue … Read more