Bajaj Finance Ltd.

Bajaj Finance, a non-banking finance company lending for purchase of automobile and televisions, has raised Rs 1,400 crore in share sale. JM Financial was sole global coordinator and book running lead manager for the company.

The board of directors of company approved the allotment of 32,74,853 equity shares of face value Rs 10 each to eligible Qualified Institutional Buyers (QIB) at the issue price of Rs 4,275 per  share.

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.