Bajaj Housing Finance IPO
Bajaj Housing Finance, a subsidiary of Bajaj Finance Limited, is reportedly laying the groundwork for an Initial Public Offering (IPO) to comply with Reserve Bank of India regulations. Under the revised regulatory framework for NBFCs by RBI, Bajaj Housing Finance falls within the Upper Layer of non-banking financial companies. As per RBI’s regulatory timelines, Bajaj Housing Finance is required to list by September 2025. Bajaj Finance is believed to have engaged with investment bankers for a potential IPO worth around Rs 8,000 crore. However, a final decision regarding the size of the Bajaj Finance IPO has not yet been reached.
Bajaj Housing Finance IPO
Bajaj Housing Finance Limited is a 100% subsidiary of Bajaj Finance Limited — one of the most diversified NBFCs in the Indian market, catering to more than 76.5 million customers across the country. Headquartered in Pune, Bajaj Housing Finance Limited 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.
The Company also offers finance to developers engaged in the construction of residential and commercial properties as well as lease rental discounting to developers and high-net-worth individuals. Bajaj Housing Finance Limited enjoys the highest credit ratings from CRISIL as well as India Ratings. The Company is rated AAA/Stable for its long-term debt programme and A1+ for its short-term debt programme from CRISIL and India Ratings.
