Bajaj Finance $1.2 billion qualified institutional placement

8/11/2019
Qualified institutional placement (QIP)

Re 85 billion

$ 1.2 billion

Completed

8/11/2019


Overview:

  • India's largest non-banking financial company (NBFC) Bajaj Finance has raised $1.2 billion through a qualified institutional placement (QIP) of 21,794,871 equity shares.
  • This marks the largest ever QIP by an NBFC in India.

Shah Shameer Ahmed - Researcher

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