There could be a block deal in Bajaj Finserv after markets open tomorrow. According to a report by CNBC-TV18, Bajaj Holdings & Investment and Jamnalal Sons — are planning to offload up to 1.94 per cent stake in Bajaj Finserv through block deals.
According to the report, the total deal size is expected to be around Rs 5,828 crore, which includes a base deal size of Rs 4,750 crore and an upsize option of Rs 1,078 crore.
The floor price for the share sale is set at Rs 1,880 per share, which is around 3.3 per cent lower than the current market price. The block deal is likely to take place soon, though further details are awaited, CNBC-TV18 reported.
Promoter entities held around 60.76 per cent stake in Bajaj Finserv
Bajaj Finserv is one of India’s leading financial services companies, with operations spanning insurance, lending, and wealth management. Bajaj Holdings & Investment is a key part of the Bajaj Group, acting as the holding company for major businesses including Bajaj Finance, Bajaj Allianz Life Insurance, and Bajaj Allianz General Insurance.
As of March 2025, promoter entities held around 60.76 per cent stake in the company.
Bajaj Finserv Q4 results
In its latest Q4 FY25 earnings, Bajaj Finserv reported a 14 per cent year-on-year (YoY) increase in consolidated net profit to Rs 2,417 crore, compared to Rs 2,119 crore in the same period last year.
The company’s total consolidated income also rose to Rs 35,596 crore, up from Rs 32,042 crore in Q4 FY24.
According to market data on Financial Express, Bajaj Finserv shares have fallen 4 per cent in the past month.