Bajaj Finserv Promoters to Sell Up to 1.9% Stake Worth ₹ 5,828 CR Via Block Deal

Jamnalal Sons Pvt. Ltd and Bajaj Holdings & Investment Ltd, Both Part of Bajaj Finserv Ltd’s Promoter Group, Are Slated to Offload Up to 31 Million Shares, REPRESTING A. 1.9% Stake in the Company, Via Block Deals, ACCORDING DALS Sheet of the transaction.

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Bajaj Finserv Ltd is the Holding Company for the Financial Services Businesses of the Bajaj Group. As of March 2025, Promoter Entities Held Approximately 60.64% stake in the company, as per the shareholding data on bse.

The document showed that the base deal is worth 4,750 Crore with an option to increase the transaction by 1,078 Crore, which allows the sellers to sell extra shares if there is strong demand.

The indicative floor price for this deal is set at 1,880 per equity share, which implies a 3.3% discount to Thursday’s closing price of 1,943.50 on the bse, as per the term sheet.

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Kotak Securities is handling the transaction.

Bajaj Finserv Ltd Reported A 14% Year-On-Year Rise in Consolidated Net Profit to 2,417 Crore for the Quarter Ended March 2025. Total Consolidated Income for the Quarter Grew to 35,596 Crore, Compared to 32,042 Crore in the January – March Quarter of the Previous Fiscal.

According to a 5 may report by mirae asst sharekhan, bajaj finance’s earnings growth was healthy (in-line) at 19% year on year, but the management has revised guidance for 26 Slightlyn Side with respect to the return ratio and assets under management growth.

Also read | Bajaj Finserv’s Insurance Bet Fails to Impress Investors

The brokerage believes strong growth visibility in the lending business and a healthy medium to long-term outlook for bot insuction businesses Forward. Moreover, scaling up of the new business would further support performance, which has not been factored in the brokerage’s valuation. Mirae Asset Sharekhan has a ‘Buy’ Rating on the stock with a target price of 2,350.

Kotak Institutional Equites also Remains Positive About Bajaj Finserv’s Ability to Steer Business to Gain Market Share and Profitability.

“With a complete stake in the insurance ventures at the group and the group’s star ceo, rajeev jain, joining the Board (Thought in a non-indexective capital), we expert the transformation expercise aT Group Companies to Gather Momentum, “Highlighted the kotak report dated 1 May.

That said, any decline in the performance of its subsidiaies even weight weight on the company’s earnings growth and overall profitability.

The recent rebound in Indian rights, after correcting more than 10% from its peak, has reignized institutional interest in block deals, according to experts. These large trades are gaining momentum once again, providing a fillip to India’s equity capital markets at a time when when Ipo Activity Remains subdued and market velativity perstities. As reported by MintInstitutional Investors Lined Up Four Block Deals Worth Nearly 3,500 Crore on 4 June.