IPO: Bajaj Housing Finance is the 2nd largest HFC in India.

Discussion in 'IPOs And NFOs' started by Vidhi Khanna, Sep 5, 2024 at 8:52 PM.

  1. Vidhi Khanna

    Vidhi Khanna Active Member Staff Member

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    IPO: Bajaj Housing Finance is the 2nd largest HFC in India. It enjoys strong brand equity. GNPA ratio of 0.28% & NNPA ratio of 0.11% is the lowest among large HFCs. Over FY22-24 its AUM growth was 30.9% & profit growth was 56.2%. The Co is well placed to capitalize on growth of 13-15% CAGR over next 3 years in the HFC sector

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    Sanjiv Bajaj says Bajaj Housing will be the 'HDFC of the Future' i.e. a Blue-Chip compounding multibagger. Unlike other HFCs, BHFL does all loans i.e. retail, affordable home loans, developer financing, lease rental discounting which helps to balance growth, profitability & risk

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    Last edited: Sep 5, 2024 at 9:17 PM
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