Bajaj Housing Finance shares rise after shareholder lock-in period ends

Shares of Bajaj Finance's housing finance arm Bajaj Housing Finance rose as much as 5.02% to hit an intraday high of ₹125.35 on the BSE after its one-year shareholder lock-in period ended on Tuesday, April 15.

As many as 529.1 crore equity shares of Bajaj Housing Finance were made eligible for trading following the end of the shareholder lock-in period, according to a note from Nuvama Alternative & Quantitative Research. These shares represent 64% of the company's total outstanding equity.

It is important to note that while these shares are now eligible to be traded, it does not imply they will immediately be sold in the open market, analysts said.

Despite the unlock, the promoters continue to hold a strong 88.75% stake in the company as of the quarter ending December 31, 2024 while 11.25% stake in held by public shareholders.

For the quarter ended December 2024, Bajaj Housing Finance reported that its net profit jumped 25% to ₹548 crore, from ₹437 crore in the year ago.

For the quarter ending March 2025, the company's disbursements rose by 25% year-on-year, while the loan book expanded to ₹99,500 crore. The Assets Under Management (AUM) surged 25.5% to ₹1.14 lakh crore, with the securitisation book climbing nearly 26%.

As of 9:17 a.m. today, Bajaj Housing Finance shares were trading 3.77% higher at ₹123.85, outperforming the SENSEX, which was up 1.99%.