IPO & listingBusiness Today
Bajaj Finance shares in focus as QIP kicks off; floor price, other details
Positive+48
GreyOak summary
Bajaj Finance opened a Qualified Institutional Placement (QIP) of up to Rs 11,700 crore on November 12, 2026. The board approved a floor price of Rs 992.25 per share, representing an 8% discount to the previous closing price. Proceeds will repay deposits and loans, with bids invited via major banks and financial institutions.
What it affects
- Bajaj FinanceBAJFINANCEPositive +48
Opens Rs 11,700 crore QIPRolling sentiment Positive +29
Source
Read the original at Business TodayMore Bajaj Finance news
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