Want to build best housing finance firm of the future: Bajaj Finserv execs

Bajaj Housing Finance is looking to raise Rs 6,560 cr, of which fresh issues are for Rs 3,560 cr and offer for sale is for Rs 3,000 cr. Bidding for the IPO opens on Sept 9 and closes on Sept 11

Sanjiv Bajaj, chairman & managing director, Bajaj Finserv (left); and Atul Jain, managing director, Bajaj Housing Finance
Premium

Sanjiv Bajaj, chairman & managing director, Bajaj Finserv (left); and Atul Jain, managing director, Bajaj Housing Finance

9 min read Last Updated : Sep 04 2024 | 12:17 AM IST
After three decades, a Bajaj group company is looking to list it on the bourses. Bajaj Housing Finance, a 100 per cent subsidiary of India’s largest non-banking finance company, Bajaj Finance, has priced its public offering at Rs 66–70 per equity share. It is looking to raise Rs 6,560 crore, of which fresh issues are for Rs 3,560 crore and the offer for sale is for Rs 3,000 crore. Bidding for the IPO opens on September 9 and closes on September 11.

Sanjiv Bajaj, Chairman and Managing Director, Bajaj Finserv, the holding company of Bajaj Finance, and