<p>New Delhi: Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10 per cent to hit the upper circuit limit, extending the listing day gains.</p>.<p>The stock jumped 10 per cent to hit the upper circuit limit of Rs 181.48 on the BSE.</p>.<p>At the NSE, shares of the firm surged 10 per cent to Rs 181.50 -- the highest trading permissible limit for the day.</p>.<p>The company's market valuation climbed Rs 12,417.27 crore to Rs 1,49,823.36 crore.</p>.Blockbuster debut for Bajaj Housing Finance; shares jump nearly 136% to hit upper circuit.<p>Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with a huge premium of nearly 136 per cent against the issue price of Rs 70.</p>.<p>The stock was listed at Rs 150 on the BSE and NSE, reflecting a jump of 114.28 per cent from the issue price.</p>.<p>The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 63.60 times subscription on September 11, the last day of bidding, amid overwhelming participation from institutional buyers.</p>.<p>The initial share sale had a price band for the offer at Rs 66-70 per share.</p>.<p>The IPO had a fresh issue of equity shares of up to Rs 3,560 crore and an offer-for-sale (OFS) of equity shares worth Rs 3,000 crore by parent Bajaj Finance.</p>.<p>It is a non-deposit-taking housing finance company registered with the National Housing Bank in September 2015.</p>.<p>The firm offers financial solutions for purchasing and renovating residential and commercial properties.</p>.<p>It has been identified and categorised as an "upper layer" NBFC by the RBI, and its comprehensive mortgage products include home loans, loans against property, lease rental discounting and developer financing. </p>
<p>New Delhi: Shares of newly-listed Bajaj Housing Finance Ltd on Tuesday surged 10 per cent to hit the upper circuit limit, extending the listing day gains.</p>.<p>The stock jumped 10 per cent to hit the upper circuit limit of Rs 181.48 on the BSE.</p>.<p>At the NSE, shares of the firm surged 10 per cent to Rs 181.50 -- the highest trading permissible limit for the day.</p>.<p>The company's market valuation climbed Rs 12,417.27 crore to Rs 1,49,823.36 crore.</p>.Blockbuster debut for Bajaj Housing Finance; shares jump nearly 136% to hit upper circuit.<p>Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday and ended with a huge premium of nearly 136 per cent against the issue price of Rs 70.</p>.<p>The stock was listed at Rs 150 on the BSE and NSE, reflecting a jump of 114.28 per cent from the issue price.</p>.<p>The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 63.60 times subscription on September 11, the last day of bidding, amid overwhelming participation from institutional buyers.</p>.<p>The initial share sale had a price band for the offer at Rs 66-70 per share.</p>.<p>The IPO had a fresh issue of equity shares of up to Rs 3,560 crore and an offer-for-sale (OFS) of equity shares worth Rs 3,000 crore by parent Bajaj Finance.</p>.<p>It is a non-deposit-taking housing finance company registered with the National Housing Bank in September 2015.</p>.<p>The firm offers financial solutions for purchasing and renovating residential and commercial properties.</p>.<p>It has been identified and categorised as an "upper layer" NBFC by the RBI, and its comprehensive mortgage products include home loans, loans against property, lease rental discounting and developer financing. </p>