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SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826
Bajaj Finance set to mop up Rs 17,500 crore
Bajaj Finance set to mop up Rs 17,500 crore via QIP, warrants
Mumbai: Bajaj Finance will raise ₹17,500 crore through a mix of share sales to institutional investors via a qualified institutional placement (QIP) and warrants issued to promoters as it prepares for its next phase of growth.
It marks the first equity fundraising by the country's largest non-banking financial company (NBFC) since its similar ₹10,000 crore capital raise in November 2023.
Also we need to keep on radar Bajaj FinServBAJFINANCE
SEBI RA – Shubh Consultancy – Sunil Kotak – INH000015826
Bajaj Finance set to mop up Rs 17,500 crore
Bajaj Finance set to mop up Rs 17,500 crore via QIP, warrants
Mumbai: Bajaj Finance will raise ₹17,500 crore through a mix of share sales to institutional investors via a qualified institutional placement (QIP) and warrants issued to promoters as it prepares for its next phase of growth.
It marks the first equity fundraising by the country's largest non-banking financial company (NBFC) since its similar ₹10,000 crore capital raise in November 2023.
Also we need to keep on radar Bajaj Finserve and Bajaj Housing Finance as well
All this is for information
This is not a buy/sell recommendation.
Thank you,
Technofunda24#WatchOutFor#StockInNews
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