Bajaj Housing Finance: strong debut on the stock market

- More than doubling in value: Shares of Bajaj Housing Finance more than doubled on its stock market debut, reflecting strong investor interest in the Indian real estate sector.

- IPO oversubscribed 64 times: The initial public offering (IPO) of the company was oversubscribed 64 times, raising $781 million for the company.

- Market value: After the debut, the market value of the company reached $15.6 billion, showing investor confidence.

- Competitive Advantage: Bajaj Housing Finance benefits from its strong market position and linkages with the conglomerate Bajaj Group, which strengthens its competitive position.