Bajaj Housing Finance's $782m IPO oversubscribed on Day 1

Bajaj Housing Finance's $782m IPO oversubscribed on Day 1

Photo: Reuters

Bajaj Housing Finance‘s $782 million public offer was oversubscribed nearly twice on the first day of bidding on Monday, kicking off the busiest week for Indian IPOs so far this year as companies seek to capitalise on a booming stock market.