Bajaj Housing Finance Eyes Future Growth

CosmicTaco · 2024-09-03T13:00:32.334697+05:30

- **Sanjiv Bajaj** aims to develop an 'HDFC of the future' through **Bajaj Housing Finance**. - The company plans a **Rs 6,560 crore IPO** next week to comply with RBI's listing requirement and scale operations. - **Rs 3,560 crore** of the total issue will be fresh capital for growth. - Bajaj Housing Finance focuses on **technology and comprehensive mortgage services** to fill the gap left by HDFC. - The company filed its draft prospectus in June and must list by **September 2025**.

Sanjiv Bajaj aims to develop an 'HDFC of the future' through Bajaj Housing Finance.
The company plans a Rs 6,560 crore IPO next week to comply with RBI's listing requirement and scale operations.
Rs 3,560 crore of the total issue will be fresh capital for growth.
Bajaj Housing Finance focuses on technology and comprehensive mortgage services to fill the gap left by HDFC.
The company filed its draft prospectus in June and must list by September 2025.