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This Share Is At The Highest Level In 2 Months; IPO Could Be Around $1 Billion

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The shares of Bajaj Finance (NSE: BAJFINANCE) of Bajaj Group saw a rise of about 4.5% on Thursday (28 March). 

However, like other heavyweight stocks, it also came under pressure in the last hour of the market.

But, actually, in media reports, it has been said regarding Bajaj Group that another company can be listed.

If these reports are to be believed, the listing of Bajaj Housing Finance is going to happen soon.

Potentially, the valuation of Bajaj Housing Finance is estimated at 9-10 billion dollars.

After this news, parent company Bajaj Finance topped the list of Nifty’s fastest-growing stocks on Thursday.

This stock’s contribution to Nifty’s rise was seen to be about 18 points.

How Big Is The Possible IPO Size?

Many media reports quoting sources mention the possible listing of Bajaj Housing Finance. 

It has been said in these reports that at present this scheme is in the initial stage and many investment bankers are working on it. 

The possible size of this IPO could be around $1 billion.

It has been claimed that if everything goes at the right pace, then this company can be listed at the end of 2024 or the beginning of 2025.

Why The Discussion About The Listing Of Bajaj Housing Finance?

Actually, for upper-layer non-banking financial institutions, it will be mandatory for RBI to do listing within 3 years of classification.

In September 2022, RBI had released the list of 16 upper-layer NBFCs. Bajaj Housing Finance is one of the.

In such a situation, its listing is mandatory by 2025 under regulatory rules.

Earlier in some media reports, it was also said that Bajaj Housing Finance had asked for more time from RBI for listing. 

Reportedly, this company is still new and it would be better if it had at least a 10-year track record before listing. 

However, no information regarding this has been revealed yet by Bajaj Finance.

About Bajaj Finance Ltd

Bajaj Finance Ltd. is a non-banking financial company (NBFC) based in India.

The Company engages in lending and accepting deposits.

The Company has a diverse lending portfolio that includes retail, small- and medium-sized enterprises (SMEs), and commercial customers.

The presence of in India’s urban and rural areas. Product categories of the Company include consumer lending, personal loans, and rural lending. 

Other product categories are SME lending and commercial lending. 

Consumer finance products include durable financing, lifestyle financing, digital product funding, EMI cards, two- and three-wheeler loans, personal loans, fixed deposit loans, gold loans, and home loans. 

The company’s commercial lending product provides short-term credit to established businesses. Rural lending products offered by the Company include gold loans and vehicle loans.

Fundamental Analysis of Bajaj Finance Ltd 

Market Cap₹ 4,48,450 Cr.
Current Price₹ 7,245
52-wk High₹ 8,192
52-wk Low₹5,586
Stock P/E32.5
Book Value₹ 969
Dividend0.41 %
ROCE11.8 %
ROE23.5 %
Face Value₹ 2.00
P/B Value7.48
OPM70.4 %
EPS₹ 226
Debt₹ 2,56,549 Cr.
Debt to Equity4.28

Bajaj Finance Ltd Shareholding Pattern

Promoters Holding
Dec 202255.91%
Mar 202355.91%
June 202355.87%
Sept 202355.87%
Dec  202354.78%
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FII Holding
Dec 202219.87%
Mar 202319.16%
June 202320.09%
Sept 202320.41%
Dec  202320.92%
DII Holding
Dec 202212.37%
Mar 202312.92%
June 202312.83%
Sept 202313.05%
Dec  202314.01%
Govt. Holding
Dec 20220.07%
Mar 20230.07%
June 20230.07%
Sept 20230.07%
Dec  20230.07%
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Public Holding
Dec 202211.60%
Mar 202311.75%
June 202310.99%
Sept 202310.50%
Dec  202310.17%
Others Holding
Dec 20220.18%
Mar 20230.17%
June 20230.13%
Sept 20230.10%
Dec  20230.05%

Bajaj Finance Ltd Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹18,487 Cr
2020₹26,374 Cr
2021₹26,673 Cr
2022₹31,641 Cr
2023₹51,400 Cr
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Last 5 Years’ Net Profit:

2019₹3,995 Cr
2020₹5,264 Cr
2021₹4,420 Cr
2022₹7,028 Cr
2023₹13,784 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20195.16
20204.02
20213.57
20223.78
20233.99

Last 10 Years’ Profit Growth:

10 Years:
5 Years:36%
3 Years:30%
Current Year:28%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:19%
3 Years:19%
Last Year:23%

Sales Growth Over 10 Years:

10 Years:
5 Years:27%
3 Years:16%
Current Year:33%

Conclusion

This article is a complete guide about Bajaj Finance Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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