Bajaj Housing Finance

Bajaj Housing Finance engaged in the business of mortgage lending. Bajaj Housing Finance Limited was originally incorporated as `Bajaj Financial Solutions Limited' at Pune, Maharashtra as a Public Limited Company, pursuant to a Certificate of Incorporation dated June 13, 2008, issued by the Registrar of Companies, Maharashtra at Pune and was granted its Certificate for Commencement of Business on September 24, 2008 by the RoC. Thereafter, the Company name was changed to `Bajaj Housing Finance Limited' vide fresh Certificate of Incorporation dated November 14, 2014 issued by the Assistant Registrar of Companies, Pune. Company got registered with National Housing Bank (NHB) as a non deposit taking Housing Finance Company on 24 September 2015 for offering financial solutions in purchasing and renovating residential and commercial properties. The Company mainly focuses on individual retail housing loans, supported by a diverse range of commercial and developer loans, serving customers from homebuyers to large developers. The Company started lending operations with a focus on salaried home loans in FY 2018. In 2021, it began offering repo rate-linked home loans; began intermediary sourcing for retail products. The Company has a diversified lending model and focuses on five broad categories viz: home loans, loan against property, lease rental discounting, developer financing, and unsecured loans. Since September, 2022, it has been classified as NBFC- UL (upper layer) by RBI as part of its 'Scale Based Regulation'. In 2024, the Company expanded its operations to focus on self-employed home loans. The Company launched the initial public offering aggregating an issuance of 937,142,856 equity shares having the face value of Rs 10 each by raising funds aggregating to Rs 6560 Crore, comprising a fresh issue of 508,571,428 equity shares aggregating to Rs 3560 Crore and 428,571,428 equity shares aggregating to Rs 3000 Crore via offer for sale in September, 2024. In FY 2025, Company crossed Rs 100,000 Crore Asset Under Management (AUM) milestone. It launched SBU for home loans offering to the near prime and affordable divisions during the year. The Company has launched "Sambhav Home Loans" product in the affordable home loan segment in FY 2025.