Bajaj Housing Finance share price gained over 4% during intraday trading, supported by a surge in volumes. As reported by NDTV Profit, Bajaj Finance is planning an offer for sale to pare its stake in the housing finance subsidiary. The offer is likely to be priced at a 10% discount to the closing price of ₹108.56 on August 13.
The move is intended to comply with the Securities and Exchange Board of India’s regulation that requires a minimum public shareholding of 25% in listed companies. As of June, promoter Bajaj Finance holds an 88.7% equity stake in Bajaj Housing Finance. Retail investors, with a nominal share capital up to ₹2 lakh, collectively own 7.9% of the company’s shares.
Bajaj Housing Finance shares have declined 31% since their market debut in September 2024.
For the quarter ended June 30, 2025, Bajaj Housing Finance reported a balanced performance:
Read More: Godrej Industries Board Approves Stake Transfer in Godrej Capital to Godrej FS Ltd!
The planned OFS aligns with SEBI’s broader aim of ensuring liquidity and greater public participation in listed companies. A higher free float can potentially improve price discovery and market efficiency, although the market reaction will depend on investor appetite for the discounted stake.
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Published on: Aug 14, 2025, 1:16 PM IST
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