Bajaj Housing Finance Stock Rises 5% as Lock-In Period Ends

Bajaj Housing Finance stock gained nearly 5% on April 15 as the one-year lock-in period for its shareholders came to an end. This event unlocked around 529 crore shares, which is about 64% of the company’s total shares.

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What Is a Lock-In Period?

A lock-in period is the time after an IPO during which major investors like promoters and institutions cannot sell their shares. After this period ends, they are free to trade the shares, but it doesn’t mean they will sell them immediately.

Stock Performance on April 15

By 11:30 AM, Bajaj Housing Finance shares were trading at Rs 124.91, up 4.6% compared to the previous day's closing. The stock price has risen over 70% from its issue price of Rs 70 but is still lower than its listing price of Rs 150. It has also fallen more than 37% from its all-time high of Rs 188.

Promoters Hold Major Stake

As of the December 2024 data, the promoters hold 88.75% of the company’s shares. Even though many shares are unlocked, a large chunk is with the promoters and group companies, who may not sell them.

Strong Growth in Business

Bajaj Housing Finance showed solid performance in the March 2025 quarter.

Assets Under Management (AUM) increased by 26% year-on-year to reach Rs 1.14 lakh crore.

Loan assets also grew to Rs 99,500 crore, compared to Rs 79,301 crore last year.

IPO Highlights

In 2024, the company launched a strong IPO worth Rs 6,560 crore.

It included a fresh issue of Rs 3,560 crore

And an offer for sale worth Rs 3,000 crore by Bajaj Finance, the parent company.
The IPO was a massive hit, with subscriptions totaling Rs 3.23 lakh crore.

About Bajaj Housing Finance

Bajaj Housing Finance, a part of the Bajaj Group, is a non-deposit-taking housing finance company. It is registered with the National Housing Bank since 2015. The company offers loans for buying and renovating homes and commercial properties.

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