Bajaj Housing Finance's board approves an IPO plan to raise ₹4,000 crore via fresh issue and OFS. The IPO includes a fresh issue of equity shares and an offer-for-sale by existing shareholders.
The IPO is subject to market conditions, regulatory approvals, and clearances.
As a part of RBI's upper-layer NBFC list, Bajaj Housing Finance must be listed by September 2025.
For Q4 FY24, Bajaj Finance reported a 21.1% growth in net profit at ₹3,824.53 crore.
Net interest income rose by 21.1% to ₹3,824.53 crore compared to ₹3,157.8 crore in Q4 FY23.