Monitoring agency report for the quarter ended 30 June 2025, in relation to the Public Issue of the Company
BAJAJHFL · price
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Awaiting price reaction for this filing.
Bajaj Housing Finance has filed the quarterly monitoring agency report from CARE Ratings on how it used the money raised from its September 2024 IPO. The company had raised Rs. 3,560 crore in fresh equity (total IPO size was Rs. 6,560 crore including Rs. 3,000 crore from offer for sale). As of June 30, 2025, 100% of the net proceeds have been deployed — Rs. 3,499.55 crore towards augmenting the capital base for onward lending, and Rs. 60.45 crore towards share issue expenses. The lending capital was deployed ahead of schedule by December 31, 2024, against the original target of March 31, 2025. The monitoring agency confirmed no deviation from the stated objects, no major issues from earlier reports, and no unfavorable events affecting the use of funds.
This is a routine compliance filing and largely neutral for the stock. It reassures investors that IPO funds have been fully and properly deployed as promised, with the company actually completing deployment ahead of schedule, which should support its lending business growth.