Bajaj Housing Finance Shares Plummet: Worst Week in Two Months, Nears IPO Price

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CNBC TV18•23-01-2026, 15:41
Bajaj Housing Finance Shares Plummet: Worst Week in Two Months, Nears IPO Price
- •Bajaj Housing Finance shares recorded their worst week in two months, declining over 4.5% and nearing their IPO price of ₹70 per share.
- •The stock closed with nearly 3% losses on Friday, January 23, marking declines in 11 out of the last 14 trading sessions.
- •Despite a 23% growth in Assets Under Management to ₹1.33 lakh crore and increased disbursements, the stock has fallen 53% from its post-listing high of ₹188.5.
- •Retail shareholder numbers marginally dropped, but their percentage holding increased from 8.09% to 8.76% in the December quarter.
- •A significant promoter stake sale overhang persists, as Bajaj Finance holds over 86%, exceeding the 75% minimum public shareholding norm.
Why It Matters: Bajaj Housing Finance shares are struggling, nearing IPO price due to sustained losses and promoter stake sale concerns.
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