Bajaj Housing Finance Files for IPO to Raise Rs 7,000 Crore

Bajaj Housing Finance has submitted the Draft Red Herring Prospectus (DRHP) to the capital markets regulator, SEBI, for its planned IPO, aiming to raise up to Rs 7,000 crore. The public offering consists of a fresh issue of shares valued at Rs 4,000 crore. Additionally, the parent company, Bajaj Finance Ltd, will sell shares worth Rs 3,000 crore through an offer for sale, as detailed in the prospectus.