Indian IPO Shows Strong Investor Demand with $39 Billion in Bids

Reported 28 days ago

An IPO by Bajaj Housing Finance Ltd. was oversubscribed by over 60 times, raising significant investor interest by attracting $39 billion in bids, surpassing its target of $781 million. This reflects a robust trend in India's market where total fundraising has reached $7.75 billion in listings this year, outpacing funds raised in previous years.

Source: YAHOO

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