Bajaj Housing Finance files papers with SEBI for IPO to raise Rs 7,000 crore

Delhi, June 8 (UNI) Bajaj Housing Finance Ltd (BHFL), a subsidiary of Bajaj Finance Ltd, has filed draft prospectus with market regulator Securities and Exchange Board of India (SEBI) for its initial public offering (IPO) to raise upto Rs 7,000 crore.

As per a stock exchange filing on Saturday, BHFL’s proposed IPO comprises of fresh equity shares of Rs 4,000 crore and an offer-for-sale (OFS) of equity shares worth Rs 3,000 crore by parent Bajaj Finance.

The filing on the Bombay Stock Exchange (BSE) said that BHFL has been classified as an NBFC (Non-Banking Finance Company) – Upper Layer and is required to be mandatorily listed on or before September 30, 2025.

“In accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, the IPO includes a reservation for subscription by certain eligible shareholders of Bajaj Finance Limited and Bajaj Finserv Limited, and certain eligible employees of BHFL, Bajaj Finance Limited, and Bajaj Finserv Limited,” the company filing noted.

Headquartered in Pune, BHFL offers finance to individuals as well as corporate entities for the purchase and renovation of homes, or commercial spaces. It also provides loans against property for business or personal needs as well as working capital for business expansion purposes.

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