Bajaj Housing Finance Files for Rs 7,000 Crore IPO: All You Need to Know

Bajaj Housing Finance, a prominent non-deposit-taking housing finance company, has made headlines with its plans to launch an initial public offering (IPO) to raise Rs 7,000 crore. The company, registered with the National Housing Bank since September 2015, offers a wide range of financial solutions for purchasing and renovating residential and commercial properties.

The proposed IPO includes a fresh issue of equity shares worth up to Rs 4,000 crore and an offer for sale of equity shares valued at Rs 3,000 crore by its parent company, Bajaj Finance. This move is in line with the Reserve Bank of India’s regulations, which require upper-layer non-banking finance companies (NBFCs) to be listed on stock exchanges by September 2025.

With a strong financial performance in the previous fiscal year, reporting a net profit of Rs 1,731 crore, Bajaj Housing Finance is well-positioned to attract investor interest in the upcoming IPO. The public issue will be managed by top financial institutions, including Kotak Mahindra Capital Company Ltd, BofA Securities India Ltd, SBI Capital Markets Ltd, Goldman Sachs (India) Securities Private Ltd, and JM Financial Ltd.

This strategic move to go public not only aims to enhance the company’s capital structure but also ensures compliance with regulatory requirements. With its comprehensive product offerings and strong market position, Bajaj Housing Finance is poised for success in the IPO market.