Bajaj Housing Finance plans to raise ₹835.00 crore through Non-Convertible Debentures (NCDs). This strategic move aims to strengthen the company's financial position and potentially support operational enhancements or expansion initiatives. The substantial capital raise through NCDs, which are fixed-income instruments, suggests a calculated approach to meeting financial requirements and may indicate investor confidence in the company's future prospects.
02May 25
Bajaj Housing Finance Raises ₹1000 Crore Through NCD Allotment
Bajaj Housing Finance Limited (BHFL) has successfully raised ₹1000.03 crore by allotting Non-Convertible Debentures (NCDs) on a private placement basis. The company issued 1,00,000 NCDs with a face value of ₹1,00,000 each, carrying a coupon rate of 7.14% per annum. The NCDs have a tenure of 665 days, maturing on February 26, 2027. Interest payments will be made annually and on maturity. The debentures are secured by a first pari-passu charge on BHFL's book debts and loan receivables, with a security cover of 1.00 times the outstanding value of the debentures.
24Apr 25
Bajaj Housing Finance: Strong Q4 Results, but Analysts Predict Downside
Bajaj Housing Finance Limited (BHFL) announced impressive Q4 FY25 results with a 54% YoY increase in PAT to ₹587.00 crore and 26% growth in AUM to ₹1,14,684.00 crore. The company showed improvements in NII, loan assets, and operational efficiency. Despite strong performance and positive management outlook, analysts have issued 'sell' recommendations, citing concerns about future AUM growth, potential NIM compression, and credit cost normalization. Price targets from analysts range from ₹82.00 to ₹166.00, mostly below the current trading price.
Bajaj Housing Finance Sets Date for Q4 and FY2025 Results Announcement
Bajaj Housing Finance will release its Q4 and FY2025 financial results on April 23, 2025. The company has scheduled both its board meeting and earnings call for the same day. The trading window will be closed from April 1 to April 25, 2025, to ensure fair trading practices. Investors will be closely watching key metrics such as loan book growth, net interest income, asset quality, profitability ratios, and capital adequacy.
15Apr 25
Bajaj Housing Finance: 64% of Shares Now Eligible for Trading as Lock-in Ends
Bajaj Housing Finance's one-year shareholder lock-in expires on April 15, freeing up 64% of outstanding equity for trading. The company reports impressive Q4 results with 25% year-on-year growth in disbursements and loans, and AUM reaching ₹1.14 lakh crore. Promoters currently hold 88.75% stake in the company.
Bajaj Housing Finance has reported a 26% year-over-year increase in Assets Under Management (AUM), reaching Rs 1,14,680.00 crore as of March 31, 2025. The company's Q4 gross disbursements rose to Rs 14,250.00 crore, up from Rs 11,393.00 crore in the previous year. Loan assets stood at Rs 99,500.00 crore. The shareholder lock-in period is set to expire in April, with 64% of the company's equity becoming eligible for trading.
04Apr 25
Bajaj Housing Finance Reports Strong Growth in Q4 FY2025 with 26% AUM Increase
Bajaj Housing Finance Limited (BHFL) announced strong Q4 FY25 results with significant growth across key metrics. Gross disbursements increased by 25% year-over-year to ₹14,250.00 crore. Assets Under Management (AUM) grew by 26% to ₹1,14,680.00 crore. Loan assets expanded by 25.47% to ₹99,500.00 crore. These provisional results indicate BHFL's strong market position and growth in the housing finance sector.
27Mar 25
Bajaj Housing Finance Shares Soar 10% on Nifty Next 50 Inclusion
Bajaj Housing Finance shares jumped 10% following its inclusion in the Nifty Next 50 index, effective March 28. The move is expected to attract $17 million in inflows. Additionally, the company's shareholder lock-in period ends in April, making 64% of its equity eligible for trading. These developments are likely to increase liquidity and visibility for the stock.
21Mar 25
Bajaj Housing Finance Set for $50M Inflow from FTSE Inclusion
Bajaj Housing Finance is preparing to join the FTSE India Index on March 21, potentially attracting $50 million in foreign investment. Simultaneously, a one-year shareholder lock-in period ends on April 15, freeing up 64% of the company's equity for trading. These events are expected to significantly impact the company's market dynamics, with analysts divided on the potential outcomes.
19Mar 25
Bajaj Housing Finance Shares Surge 6% as Lock-in Period Nears End
Bajaj Housing Finance shares rose 6% as investors anticipate the end of the lock-in period on April 15, which will release 64% of the company's equity for trading. This coincides with a leadership transition at parent company Bajaj Finance, where CEO Rajeev Jain's term ends on March 31. The board of Bajaj Finance is expected to meet soon to discuss Jain's future role, potentially impacting both companies.