Bajaj Housing Finance files DRHP with SEBI to raise ₹7,000 cr via IPO
The IPO of Bajaj Group company comprises fresh issue of equity shares of up to ₹4,000 crore and an OFS of shares worth up to ₹3,000 crore.
The IPO of Bajaj Group company comprises fresh issue of equity shares of up to ₹4,000 crore and an OFS of shares worth up to ₹3,000 crore.
The auto major’s profit and revenue grew 37% and 30%, respectively, in Q3 FY24, driven by strong growth in operating profit and surge in volume.
The FMCG arm of Bajaj Group has declared a final dividend of 500% aggregating to ₹5 per share, on equity shares of the face value of ₹1 each for FY23.
The Bajaj group company has received the market regulator's license to start its mutual fund business.
The consumer finance company’s AUM grew 27% YoY and 6% QoQ in Q3 FY23, as compared to 31% and 7%, respectively, in Q2 FY23.
Doing only that's best for the business — For India's tenth-richest family, market cap is just a number.
Bajaj Finance reported the highest ever rise in its customer franchise of 2.7 million in Q1FY23, while new loans booked grew to 7.4 million.
As the curtain falls on the era of Rahul Bajaj, the Bajaj family is the third richest in the country.
Many other corporate houses like Bajaj, JSW, L&T, ITC and even the BCCI have pledged resources to combat the pandemic and alleviate the hardships faced by the poor.