Stock Market Strategy - Bajaj Finance Sells 2% Stake in Bajaj Housing Finance for ₹1,740 Cr - Buy Now or Wait for a Better Entry?
As at the end of the July-September quarter of the ongoing financial year 2026, Bajaj Finance held 88.70 percent stake in Bajaj Housing Finance, while the rest was held by the general public, according to data on the company’s shareholding pattern.
Bajaj Housing Finance said that the entire divestment process by its promoter will be done in single or multiple tranches between December 2 and February 2026. Bajaj Housing Finance currently has a market capitalisation of around Rs 87,148 crore.
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CNBC Awaaz reported that the base price has been set at Rs 95 per share, implying a discount of more than 9 percent from the stock's current market price of Rs 104.59 apiece. It added that the lock-in period for these shares will be 60 days.
Bajaj Housing Finance's bumper market debut:
Bajaj Housing Finance had made a bumper market debut in September last year, listing with a premium of 114 percent over the IPO issue price at Rs 150 per share. The Rs 6,560-crore initial public offer (IPO) saw strong investor interest during its three days of public bidding, being subscribed more than 67 times its offer size.
The shares of the non-banking financial company (NBFC) closed with marginal losses at Rs 104.59 apiece on December 1. The stock has so far fallen more than 30 percent from its listing price, but is still up over 49 percent from its IPO price of Rs 70 per share.
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