Bajaj Finance Plans ₹17,500 Crore Fundraise Through QIP, Promoter Warrants, First Equity Raise Since 2023
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Bajaj Finance has approved plans to raise ₹17,500 crore through a QIP and warrants. The proposed Bajaj Finance QIP will raise ₹11,700 crore. The Bajaj Finance warrants will account for ₹5,800 crore.
Bajaj Finance Limited’s board has approved a ₹17,500 crore capital raise. The funds are intended to support the company’s next phase of growth. The proposal consists of raising ₹11,700 crore through qualified institutional placement (QIP) for institutional investors. Another ₹5,800 crore will be raised through warrants via a preferential issuance to promoter Bajaj Finserv.
The proposed Bajaj Finance capital raise would mark the company's first equity fundraising since November 2023. The company had raised ₹10,000 crore in equity at that time. Bajaj
Bajaj Finance Seeks Shareholder Approval
The company will seek shareholder approval for the QIP by convening an extraordinary general meeting (EGM). Bajaj Finance has historically raised capital every 2.5 to three years to fund immediate growth.
The Bajaj Finance warrants are intended to help Bajaj Finserv maintain its 51.30% stake in the company.
The size of the proposed Bajaj Finance capital raise can be compared with its loan book, which is above ₹5 lakh crore. Assuming the company uses leverage of five to six times, the fundraising could support more than ₹1 lakh crore in additional capital deployment.
Bajaj Finance Reports AUM Growth And Higher Profit
Bajaj Finance's consolidated assets under management (AUM) at the end of June were ₹5.47 lakh crore, up 24% from ₹4.41 lakh crore a year earlier. The company added ₹36,969 crore to AUM during the quarter, largely thanks to strong loan growth.
Consolidated net profit increased 27% year-on-year (YoY) to ₹5,986 crore during the quarter. The capital adequacy ratio stood at 21% as of 30 June 2026.
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This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer
Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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