The Bajaj Group plans a ₹7,000 crore IPO for Bajaj Housing Finance, its first public offering in nearly two decades. This move comes after HDFC’s exit and positions Bajaj Housing in a competitive market alongside Indiabulls, LIC, and PNB Housing Finance. Analysts estimate Bajaj Housing’s valuation at $10 billion, targeting a price band of ₹830-844 per share. The IPO includes ₹4,000 crore of new shares and ₹3,000 crore of promoter shares from Bajaj Finance. Proceeds will bolster the capital base and support future growth.
Bajaj Group to Launch ₹7,000 Crore IPO, Shaking Up Housing Finance Sector
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