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SBI MF, Goldman Sachs Among Investors Acquiring 1.8% Stake in Bajaj Finserv for ₹5,506 Crore.

Economy Business | Dated: 15 Jun 2025

In June 2025, institutional investors acquired a 1.8% stake (equivalent to 2.86 crore shares) in Bajaj Finserv Limited, headquartered in Pune, Maharashtra. The shares were purchased from two promoter entities — Bajaj Holdings and Investment Limited (also based in Pune) and Jamnalal Sons Private Limited (based in Mumbai, Maharashtra) — in a deal valued at Rs. 5,506.07 crore.

🎯 Key Highlights:

  • - The transaction took place at an average price of Rs. 1,925.20 per share, leading to a decrease in the total promoter shareholding from 60.64% to 58.84%.
  • - The buyers in this major transaction included a mix of domestic and international financial institutions such as SBI Mutual Fund (Mumbai), JP Morgan India, SBI Life Insurance Company Limited, Goldman Sachs (New York, USA), Morgan Stanley, Citigroup Global, BoFA Securities, Societe Générale (Paris, France), and Barclays Merchant Bank (Singapore).

💡 Other Important Facts:

  • (i) In a separate but parallel transaction, Wabco Asia Private Limited, a Singapore-based promoter of ZF Commercial Vehicle Control Systems India Limited, offloaded a 3.16% stake (over 6 lakh shares) for a total amount of Rs. 791.63 crore.
  • (ii) The shares were sold at an average price of Rs. 13,191 per share, which led to a reduction in Wabco Asia’s shareholding from 63.16% to 60%.
  • (iii) Major buyers in this deal included global and domestic institutional investors such as Franklin Templeton Mutual Fund (California, USA), Aditya Birla Sun Life Mutual Fund (Mumbai), HDFC Standard Life Insurance Company Limited, and others.

📚 Test Your Knowledge:

Which company’s 1.8% stake was recently acquired by institutional investors for ₹5,506 crore?

Correct Answer: Bajaj Finserv

🚀 Quick Recap: