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

Discussion in 'IPOs And NFOs' started by Vidhi Khanna, Sep 5, 2024.

  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
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