Bajaj Housing may be the next HDFC, can investor returns match?

Bajaj Housing Finance’s initial public offering has created a record of sorts. And that’s a headache for the management. Over and above the 64 times the bids it received versus its offer that drew INR3.23 lakh crore, the shares opened more than double and ended the day one 136 percent higher. That implies the lucky ones who got the allotment have more than doubled their money in less than a week! What about the millions who were left out of the