Finally it’s confirmed that long awaited Bajaj Housing finance will have SH quota as mentioned in DHRP.
And it brings the same query of last year Tata tech’s IPO of which parent company share will be eligible. Everyone wants to know whether or not Tata Motor DVR share is eligible along with normal tata motor share due to its low price. And later ended up being both are eligible.
Now same situation here b/w Bajaj Finance & Bajaj Finserv. As mentioned by
@Chhote Lal ji that Bajaj Housing Finance is a 100 per cent subsidiary of Bajaj Finance. Bajaj Finserv holds 51.34 per cent in Bajaj Finance. Everyone wants to grab the Bajaj Finserv due to it’s low price as compare with Bajaj Finance.
However this only applicable for those who are short of fund and want to maximise the probability to getting eligible for SH quota by purchasing 1 share.