Bajaj Housing Finance Ltd. obtains board approval for an IPO of up to ₹4,000 crore in equity shares.
Bajaj Housing Finance Ltd., a Bajaj Finance subsidiary, has board approval for an IPO of up to ₹4,000 crore in equity shares of ₹10 each. The IPO includes both a fresh issue and offer for sale, contingent on market conditions, approvals, and regulatory clearances. This move follows RBI's requirement for upper-layer NBFCs, including Bajaj Housing Finance, to be listed on stock exchanges by September 2025.
June 06, 2024
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