Bajaj Housing Finance picks 5 IBs for mega IPO

(20 second reading) In the most high-profile equity capital market deal in the financial services space, Bajaj Housing Finance has picked 5 investment banks as advisors as the home financier looks to launch a big-bang initial public offer within the next 12-18 months.

Moneycontrol was the first to report the firm’s listing plans on March 27. The move marks the Bajaj Group’s return to the public market after many years. These are early days, and the firm is planning to raise $900 million to a billion dollars via the proposed IPO

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