Bajaj Housing Finance (BHF IN) is looking to raise around US$830m in its upcoming India IPO. In this note, we talk about the not-so-positive aspects of the deal.
What is covered in the Full Insight:
Company Overview - Bajaj Housing Finance
Negative Aspects - More Risky Loans
Growth & Profitability - In Line With Peers Despite Higher Risk
Operational Challenges - Lower Productivity, Shortfall of Employees