Bajaj Housing Finance has filed its draft papers with SEBI, India’s market regulator, to raise ₹7,000 crore through an initial public offering (IPO). The IPO will include both fresh equity shares worth ₹4,000 crore and an offer for sale (OFS) of up to ₹3,000 crore. The selling shareholder is Bajaj Finance Limited, the promoter of Bajaj Housing Finance.
Prominent Managers on Board
The IPO will be managed by several well-known financial institutions. These include Kotak Mahindra Capital, BofA Securities, Axis Capital, Goldman Sachs India, SBI Capital Markets, JM Financial, and IIFL Securities. They will help in organizing and managing the public offering.
Market Debut and Future Updates
This public issue marks a significant step for Bajaj Housing Finance as it seeks to expand and attract new investors. Keep an eye out for more updates as the IPO date approaches.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
