Bajaj Finance stock opens institutional share sale
Published on 11/13/2026 at 10:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCapital raise sets investor focus
- Bajaj Finance opened a qualified institutional placement for eligible institutional buyers.
- The issue floor price is INR 992.25 per equity share, with a discount of up to 5% permitted.
- Final pricing, share allocation and proceeds remain subject to the placement process.
Bajaj Finance opened a qualified institutional placement for eligible institutional buyers on Wednesday, November 11, 2026, as the non-bank lender seeks fresh capital for its business. Business Today reported the placement on November 12.
Floor price leaves terms open
The QIP can raise up to INR 11,700 crore. The company set the floor price at INR 992.25 per equity share under the pricing formula in the SEBI ICDR Regulations.
Shareholders have authorised a discount of up to 5% on the floor price, subject to applicable rules. The final issue price will be determined in consultation with the book-running lead managers, so the floor price is not the final allotment price.
Bajaj Finance said the proceeds will be used for deposits, loans, commercial papers, non-convertible debentures and interest payments. For investors, the capital raise may support lending capacity, while the final pricing and share count will determine the extent of dilution.
Bajaj Finance at a glance
- Company: Bajaj Finance
- ISIN: INE296A01024
- QIP floor price: INR 992.25 per equity share
- Maximum placement size: INR 11,700 crore
Indian financial stocks form the broader market backdrop for Bajaj Finance stock, with the TA-35 serving as a key benchmark for Israeli equities; Bajaj Finance is listed in India.
