Bajaj Finance’s share price surged 3.6 per cent to the day’s high of Rs 1,118 on the NSE after it launched a qualified institutional placement (QIP) of Rs 11,700 crore. The company has fixed the floor price at Rs 992.25 per equity share and indicated an issue price of Rs 1,025 per share, which is a discount of around 5 per cent to Wednesday’s closing price of Rs 1,078.80.
The company opened its Qualified Institutional Placement (QIP) issue on November 11, 2026, allowing eligible institutional investors to subscribe to its equity shares. The company fixed the floor price for the issue at Rs 992.25 per share. It has also approved the preliminary placement document and application form, which will be shared with eligible Qualified Institutional Buyers (QIBs) to invite bids.
The country’s largest private sector non-banking financial company (NBFC) in a regulatory filing said that “The board of directors of the Company (the “Board”), at its meeting held on October 1, 2026, and pursuant to the special resolution passed by the shareholders of the Company dated November 2, 2026, the QIP 2026 – Special Committee of the Board (the “QIP Committee”), at its meeting held today, i.e. November 11, 2026, inter alia, considered and approved the following…”
Bajaj Finance Q2FY27 results
Bajaj Finance reported a consolidated net profit increase of 29 per cent year-on-year to Rs 6,367 crore for the quarter ending September 30, 2026, as its lending business expanded and net interest income increased.
Its assets under management (AUM) surged 26 per cent to Rs 5,84,624 crore in the second quarter of the current financial year (Q2FY27), from Rs 4,62,261 crore a year back. Profit before tax increased 29 per cent to Rs 8,537 crore.
Its net interest income (NII) rose 24 per cent to Rs 13,335 crore, while net total income rose 23 per cent to Rs 15,974 crore in Q2FY27. Operating expenses accounted for 33 per cent of net total income.
Bajaj Finance share price performance
The share price of Bajaj Finance has risen 1.8 per cent in the last one week. The stock has increased 15 per cent in the past one month. Bajaj Finance’s stock price has increased 11 per cent over the previous 12 months.
Sparsh Bansal is the Chief Copy Editor with ET Now Digital. He writes extensively on equity markets, IPO, with a passion for financial markets and a sharp eye to detect patterns, I extensively cover IPOs, stock movements, and investment strategies that shape India’s economic landscape.
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