Bajaj Housing Finance just had a record 6,560 crore rupees IPO, setting records for both demand and applications in the Indian primary market. The issue was oversubscribed 64 times, attracting bids worth 3.23 trillion rupees—surpassing Coal India's 2010 record. Bajaj’s valuation is several multiples of its peers although its financials don’t beat theirs in every instance. Is the company overvalued? Is the valuation sustainable?What price will it settle at? How should investors take this frenzy?   In this episode of The Morning Brief, host Anirban Chowdhury explores all of this with ET’s Saloni Shukla and Jignesh Shial, Director - Research and Head of BFSI Sector at InCred Capital.  Tune in!  ET Podcasts now has a new show. 7@7 is your quick, sharp sub 5 minute daily roundup of financial news from India and the world. Tune in to Apple Podcasts, Spotify, Amazon Prime Music, Jio Saavn, Youtube or wherever you get your podcasts from! Check out other interesting episodes from the host like: Has ONDC Managed To Take On Amazon And Flipkart?, Shein, Luxshare, Huaqin..why are Chinese cos returning to India?, SME IPO Frenzy: Boom or Bubble?, and more! You can follow Anirban Chowdhury on his social media: Twitter and LinkedinCatch the latest episode of ‘The Morning Brief’ on ET Play, The Economic Times Online, Spotify, Apple Podcasts, JioSaavn, Amazon Music and Youtube. See omnystudio.com/listener for privacy information.