Bajaj Finserv Promoters to Offload ₹5,828 Crore Stake via Block Deal at ₹1,880 Floor Price
Updated: June 05, 2025 18:10
Image Source: The Economic Times
Promoter entities Bajaj Holdings & Investment Ltd. and Jamnalal Sons have launched a ₹5,828-crore block deal, offloading up to 1.94% of Bajaj Finserv’s equity. The sale is being executed at a floor price of ₹1,880 per share, representing a 3.3% discount to the last closing price.
Block Deal Details & Market Impact:
The base size of the offer is ₹4,750 crore, with an additional greenshoe option of ₹1,078 crore.
Bajaj Finserv’s stock closed at ₹1,943.50, down 0.63% following the announcement.
Financial Performance & Growth Outlook:
Bajaj Finserv posted a 14% YoY rise in Q4 consolidated net profit to ₹2,417 crore, with total income climbing to ₹35,596 crore.
For FY25, net profit increased 9% to ₹8,872 crore, while consolidated income surged to ₹1,33,822 crore.
Strategic Positioning & Promoter Holdings:
As of March 2025, promoter entities held 60.76% of Bajaj Finserv, reinforcing their strong influence over the company’s direction.
The block deal aligns with portfolio restructuring efforts, ensuring liquidity optimization.
Future Outlook & Investor Sentiment:
Analysts expect limited impact on Bajaj Finserv’s long-term fundamentals, given its strong financial position.
The company continues to expand its financial services portfolio, reinforcing its market leadership.
Bajaj Finserv’s latest block deal underscores its commitment to strategic financial management, ensuring long-term stability and investor confidence.