June 7, 2024: Non-banking finance company (NBFC) Bajaj Finance’s wholly owned subsidiary Bajaj Housing Finance’s board members have approved the company’s Initial Public Offering (IPO) that consists of issue of equity shares of upto Rs 4,000 crore and an offer for sale of shares that are subject to market conditions. As per the regulatory filing with the National Stock Exchange (NSE) on June 6. The shares are priced at Rs 10 each.
The company in the regulatory filing added that the IPO is subject to market conditions and receipt of applicable approvals including that of the Securities and Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE), the NSE and any other regulatory authority, as may be applicable and as required.
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