Bajaj Housing Finance to Divest 2% Stake: Key Details and Market Impact
Bajaj Housing Finance is gearing up for a significant stake sale as its promoter, Bajaj Finance, plans to divest a 2% stake. This move is aimed at meeting the regulatory requirements for minimum public shareholding. The sale will involve up to 16.66 crore shares, representing 2% of the company’s equity capital.
As of December 1, 2025, Bajaj Finance holds a substantial 88.70% stake in Bajaj Housing Finance, equivalent to 739 crore shares. In an exchange filing, Bajaj Finance announced its intention to reduce this holding. The sale window will remain open from December 2, 2025, to February 28, 2026, or until the transaction is completed, which could happen in one or multiple tranches.
The floor price for the offer has been set at Rs 95 per share, a nearly 10% discount to Bajaj Housing Finance’s closing price of Rs 104.50 on December 1, 2025. This discount is intended to attract investors and ensure the smooth execution of the sale. The estimated offer size is around Rs 1,577 crore.
Bajaj Finance has also stated that neither it nor any members of the promoter group will buy shares from the open market on the days when the block deal is executed. This measure is to ensure compliance with the minimum public shareholding rules and to avoid any regulatory issues.
The stock performance of Bajaj Housing Finance has been under pressure recently. On Monday, the shares closed at Rs 104.50, down 0.57% on the BSE. Over the past month, the stock has corrected by 5%, and in the last six months, it has delivered a negative return of 16%. On a year-to-date basis, the stock is down 18%, and the one-year return also remains weak with a negative 22% performance.
This stake sale is a strategic move to align with regulatory norms and could potentially stabilize the stock price by increasing liquidity and public holding. Investors and market analysts will be closely watching the impact of this divestment on Bajaj Housing Finance’s future performance and market position.
