According to earlier ET Now reports, the offer floor price for the deal is likely to be set at Rs 95 per share, representing a 9% discount to the stock’s closing price of Rs 104.59 on the National Stock Exchange (NSE) in the previous session.
The proposed block deal would involve approximately 16.6 crore equity shares. Bajaj Finance currently holds an 88.70% stake in Bajaj Housing Finance, amounting to over 739 crore equity shares.
Bajaj Housing Finance has recently delivered strong financial results. For the quarter ended September 2025, the company posted a net profit of Rs 643 crore, up 18% from Rs 546 crore in the same quarter of the previous financial year.
Revenue for the quarter stood at Rs 2,755 crore, up 14% from Rs 2,410 crore in the same quarter last year. On a sequential basis, profit after tax (PAT) rose 10% to Rs 583 crore in Q1FY26, while revenue increased 5.3% from Rs 2,616 crore reported in the April-June quarter of FY26.
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Bajaj Housing Finance made its market debut on September 16, 2024. Since listing, the stock has declined 23% over the past 12 months and is currently trading below its 50-day and 200-day simple moving averages of Rs 109 and Rs 116, respectively.
Market indicators suggest the stock is in a strongly oversold zone, with the Money Flow Index (MFI) hovering around 23, well below the 30-mark typically used to signal oversold conditions.
The company’s Rs 6,560 crore IPO had attracted significant investor interest, with the issue subscribed 67.43 times. Retail investors alone placed bids at 7.4 times their allocated quota. The IPO was priced in the range of Rs 66–70 per share.
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