Bajaj Finance Ltd.

Bajaj Finance has set the floor price of its Rs 1,400 crore Qualified Institutional Placement (QIP) at Rs 4,407.34 an equity share. Earlier in April, the board of directors of the company and shareholders had approved the QIP of the equity shares of the company for an aggregate amount not exceeding Rs 1,400 crore to qualified institutional buyers.

Bajaj Finance is one of the leading financial companies in India. It offers personal loans that are convenient, flexible, quickly processed, have superior features like zero prepayment charges & requires no security with minimum paper work. The company offers personal loans for home renovation, marriage in family, holiday, and medical expenses without providing security or guarantors.