{"id":344050,"date":"2026-11-11T14:13:20","date_gmt":"2026-11-11T08:43:20","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=344050"},"modified":"2026-11-11T14:13:20","modified_gmt":"2026-11-11T08:43:20","slug":"bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/","title":{"rendered":"Bajaj Finance QIP of Up to Rs 11,700 Crore and Bajaj Finance Warrants at Rs 1,010: How the Rs 17,500 Crore Raise Works, a Dilution Estimate, What Is Not Yet Disclosed, and the Risks"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Bajaj Finance QIP up to Rs 11,700 cr plus Rs 5,800 cr warrants at Rs 1,010 for Bajaj Finserv (10 Nov 2026). Floor price not disclosed. Dilution about 2.7% (my arithmetic).<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Bajaj Finance QIP could raise up to Rs 11,700 crore, and Bajaj Finance warrants worth Rs 5,800 crore were allotted to Bajaj Finserv at Rs 1,010 each on 10 Nov 2026. Total raise up to Rs 17,500 crore; the QIP floor price is not yet disclosed.<\/p>\n<\/p><\/div>\n<p>The <strong>Bajaj Finance QIP<\/strong> is set to launch this week, with reports putting the size at up to $1.2 billion, and the <strong>Bajaj Finance warrants<\/strong> for its promoter were priced on 10 November 2026. Together they are part of a plan to raise up to Rs 17,500 crore: a qualified institutional placement of up to Rs 11,700 crore and preferential warrants of Rs 5,800 crore for Bajaj Finserv. This note explains each part, shows a rough dilution estimate, and lists what has not been disclosed, including the QIP floor price.<\/p>\n<p>Prices below are time-stamped to market reports, and the live quote is on <a href=\"https:\/\/univest.in\/stocks\/nse\/national-stock-exchange-of-ind-share-price-today\">NSE<\/a> and <a href=\"https:\/\/univest.in\/stocks\/bse\/bse-ltd-share-price-today\">BSE<\/a>. Index context comes from the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> and <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a>, which hit an eight-month high on 11 November.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Bajaj_Finance_QIP_What_Is_Known_and_What_Is_Not\" title=\"Bajaj Finance QIP: What Is Known and What Is Not\">Bajaj Finance QIP: What Is Known and What Is Not<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Bajaj_Finance_Warrants_for_Bajaj_Finserv\" title=\"Bajaj Finance Warrants for Bajaj Finserv\">Bajaj Finance Warrants for Bajaj Finserv<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Dilution_Estimate_and_Share_Price_Context\" title=\"Dilution Estimate and Share Price Context\">Dilution Estimate and Share Price Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Checklist_and_Risks\" title=\"Checklist and Risks\">Checklist and Risks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Frequently_Asked_Questions_on_the_Bajaj_Finance_QIP_and_Bajaj_Finance_Warrants\" title=\"Frequently Asked Questions on the Bajaj Finance QIP and Bajaj Finance Warrants\">Frequently Asked Questions on the Bajaj Finance QIP and Bajaj Finance Warrants<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#How_much_will_the_Bajaj_Finance_QIP_raise\" title=\"How much will the Bajaj Finance QIP raise?\">How much will the Bajaj Finance QIP raise?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#What_is_the_QIP_floor_price\" title=\"What is the QIP floor price?\">What is the QIP floor price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#What_are_the_Bajaj_Finance_warrants\" title=\"What are the Bajaj Finance warrants?\">What are the Bajaj Finance warrants?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#How_much_dilution_could_result\" title=\"How much dilution could result?\">How much dilution could result?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Why_is_the_dollar_figure_different_from_the_rupee_figure\" title=\"Why is the dollar figure different from the rupee figure?\">Why is the dollar figure different from the rupee figure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#How_has_the_share_price_moved\" title=\"How has the share price moved?\">How has the share price moved?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#How_did_Bajaj_Finance_perform_in_H1_FY27\" title=\"How did Bajaj Finance perform in H1 FY27?\">How did Bajaj Finance perform in H1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/bajaj-finance-qip-rs-11700-crore-bajaj-finance-warrants-rs-1010-bajaj-finserv-11-november-2026\/#Should_I_buy_Bajaj_Finance_shares_around_the_QIP\" title=\"Should I buy Bajaj Finance shares around the QIP?\">Should I buy Bajaj Finance shares around the QIP?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bajaj_Finance_QIP_What_Is_Known_and_What_Is_Not\"><\/span><strong>Bajaj Finance QIP: What Is Known and What Is Not<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Detail<\/th>\n<th>Status<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bajaj Finance QIP: QIP size<\/td>\n<td>Up to Rs 11,700 crore<\/td>\n<td>Board-approved plan, per NewsBytes<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: reported size in dollars<\/td>\n<td>Up to $1.2 billion<\/td>\n<td>Mint headline; Rs 11,700 crore is about $1.25 billion at roughly Rs 93.9 per dollar (my arithmetic)<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: launch<\/td>\n<td>Reported for this week<\/td>\n<td>Not yet confirmed by an exchange filing I could find<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: floor price and discount<\/td>\n<td>Not disclosed in the sources I read<\/td>\n<td>A small discount is reported as possible<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: use of funds<\/td>\n<td>Support expansion; FY27 target of 26% to 27% asset growth<\/td>\n<td>Per NewsBytes<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: earlier QIPs<\/td>\n<td>Rs 8,500 crore in 2019; Rs 8,800 crore in 2023<\/td>\n<td>Business Standard; share counts have changed since splits and a bonus<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The dollar figure in the headline is slightly below the rupee figure converted at today&#8217;s rate, which is common when reports quote a rounded dollar amount. A QIP is sold to institutions at a price set under SEBI rules, with a discount of up to 5% allowed on the floor price, so the final price and the amount of shares depend on demand on the day. At the <strong>Bajaj Finance QIP<\/strong> stage, the floor price is the most important missing number.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare NBFC and financial stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bajaj_Finance_Warrants_for_Bajaj_Finserv\"><\/span><strong>Bajaj Finance Warrants for Bajaj Finserv<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Item<\/th>\n<th>Detail<\/th>\n<th>Source note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bajaj Finance QIP: warrants allotted<\/td>\n<td>5,74,25,740 (about 5.74 crore)<\/td>\n<td>10 November 2026<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: issue price<\/td>\n<td>Rs 1,010 per warrant<\/td>\n<td>Special committee decision<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: consideration<\/td>\n<td>Rs 5,799.99 crore<\/td>\n<td>About Rs 5,800 crore<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: conversion<\/td>\n<td>Within 18 months of 10 November 2026<\/td>\n<td>Each warrant converts into one share<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance QIP: holder<\/td>\n<td>Bajaj Finserv, the promoter<\/td>\n<td>Preferential allotment<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: approvals<\/td>\n<td>Described as subject to shareholder approval in one note<\/td>\n<td>Check the exchange filing<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Warrants give the holder the right to buy shares later, so the money for the <strong>Bajaj Finance warrants<\/strong> is paid upfront in part and the shares are issued only on conversion. Rs 1,010 is about 5.6% below the Rs 1,070 close of 5 November and about 5.2% below the Rs 1,065 price on a data page (my arithmetic), which reflects the SEBI pricing formula for preferential issues, though I did not see the formula result. The promoter&#8217;s participation is often read as a signal of intent, but it is also a way to keep its stake from falling after the QIP.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get NBFC stock alerts and corporate action news on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dilution_Estimate_and_Share_Price_Context\"><\/span><strong>Dilution Estimate and Share Price Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Measure<\/th>\n<th>Figure<\/th>\n<th>How I got it<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bajaj Finance warrants: market capitalisation<\/td>\n<td>About Rs 6,62,971 crore at Rs 1,065<\/td>\n<td>Screener page<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: implied share count<\/td>\n<td>About 622.5 crore shares<\/td>\n<td>Market cap divided by price (my arithmetic)<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: QIP shares at Rs 1,065<\/td>\n<td>About 11 crore shares<\/td>\n<td>Rs 11,700 crore divided by Rs 1,065; real price will differ<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: warrant shares<\/td>\n<td>About 5.74 crore shares<\/td>\n<td>Actual allotment<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: rough combined dilution<\/td>\n<td>About 2.7%<\/td>\n<td>Both together, before any discount (my arithmetic)<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: 52-week range<\/td>\n<td>Rs 788 to Rs 1,178<\/td>\n<td>Screener<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This is an illustration, not a disclosed figure. The actual dilution depends on the final QIP price and on whether the warrants are converted. The stock closed at Rs 970 on 2 November, then jumped 7.65% to Rs 1,070 on 5 November, and rose about 0.7% on 11 November per NewsBytes, so the raise is being announced after a strong run. H1 FY27 consolidated profit after tax was up 28% to Rs 12,447 crore, with assets under management up 26%, per market reports. For context, <a href=\"https:\/\/univest.in\/stocks\/bajfinance\/bajaj-finance-ltd-share-price-today\">Bajaj Finance<\/a> is a large NBFC, and a raise of this size supports its lending growth targets.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Checklist_and_Risks\"><\/span><strong>Checklist and Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Investor situation<\/th>\n<th>Questions to consider<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Bajaj Finance warrants: existing shareholder<\/td>\n<td>Can I accept about 2% to 3% dilution in return for a stronger capital base?<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: new investor<\/td>\n<td>Have I read the QIP placement document once it is out, and not only the headline?<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: short-term trader<\/td>\n<td>Can I handle volatility around the QIP pricing day?<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Finance warrants: long-term investor<\/td>\n<td>Does the growth target of 26% to 27% justify the valuation at the QIP price?<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The main risks are a lower-than-expected QIP price, higher dilution than estimated, an unexpected slowdown in loan growth or asset quality, and market volatility during the placement. Univest does not recommend any security.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Bajaj Finance QIP<\/strong> could raise up to Rs 11,700 crore, and the Bajaj Finance warrants for Bajaj Finserv, allotted at Rs 1,010 on 10 November, bring the plan to up to Rs 17,500 crore. The floor price is not yet public. Read the exchange filings and consult a SEBI-registered adviser before acting.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_the_Bajaj_Finance_QIP_and_Bajaj_Finance_Warrants\"><\/span><strong>Frequently Asked Questions on the Bajaj Finance QIP and Bajaj Finance Warrants<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"How_much_will_the_Bajaj_Finance_QIP_raise\"><\/span><strong>How much will the Bajaj Finance QIP raise?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Up to Rs 11,700 crore, which reports describe as up to $1.2 billion. Together with Rs 5,800 crore of warrants for Bajaj Finserv, the plan is up to Rs 17,500 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_QIP_floor_price\"><\/span><strong>What is the QIP floor price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> It was not disclosed in the sources I read. A QIP is priced under SEBI rules and may be offered at a discount of up to 5% to the floor price, so the final price will be known after launch.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Bajaj_Finance_warrants\"><\/span><strong>What are the Bajaj Finance warrants?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On 10 November 2026 Bajaj Finance allotted 5.74 crore warrants to Bajaj Finserv at Rs 1,010 each, for about Rs 5,800 crore. Each can be converted into one share within 18 months.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_dilution_could_result\"><\/span><strong>How much dilution could result?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> At the Rs 1,065 price, the QIP would be about 11 crore shares and the warrants 5.74 crore shares, about 2.7% of the roughly 622.5 crore current shares, by my arithmetic. It is an illustration, not a disclosed figure.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_the_dollar_figure_different_from_the_rupee_figure\"><\/span><strong>Why is the dollar figure different from the rupee figure?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Rs 11,700 crore is about $1.25 billion at roughly Rs 93.9 per dollar, while the headline says up to $1.2 billion. Reports often round or use a different rate.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_the_share_price_moved\"><\/span><strong>How has the share price moved?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The stock closed at Rs 970 on 2 November, rose 7.65% to Rs 1,070 on 5 November and gained about 0.7% on 11 November, according to market reports. Check the exchange for the live price.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Bajaj_Finance_perform_in_H1_FY27\"><\/span><strong>How did Bajaj Finance perform in H1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> H1 FY27 consolidated profit after tax was up 28% to Rs 12,447 crore and assets under management up 26%, per market reports.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_Bajaj_Finance_shares_around_the_QIP\"><\/span><strong>Should I buy Bajaj Finance shares around the QIP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest does not recommend any security. Pricing, dilution and growth all matter, so read the filings and consult a SEBI-registered adviser.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"How much will the Bajaj Finance QIP raise?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Up to Rs 11,700 crore, which reports describe as up to $1.2 billion. Together with Rs 5,800 crore of warrants for Bajaj Finserv, the plan is up to Rs 17,500 crore.\"}},{\"@type\":\"Question\",\"name\":\"What is the QIP floor price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It was not disclosed in the sources I read. A QIP is priced under SEBI rules and may be offered at a discount of up to 5% to the floor price, so the final price will be known after launch.\"}},{\"@type\":\"Question\",\"name\":\"What are the Bajaj Finance warrants?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On 10 November 2026 Bajaj Finance allotted 5.74 crore warrants to Bajaj Finserv at Rs 1,010 each, for about Rs 5,800 crore. Each can be converted into one share within 18 months.\"}},{\"@type\":\"Question\",\"name\":\"How much dilution could result?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"At the Rs 1,065 price, the QIP would be about 11 crore shares and the warrants 5.74 crore shares, about 2.7% of the roughly 622.5 crore current shares, by my arithmetic. It is an illustration, not a disclosed figure.\"}},{\"@type\":\"Question\",\"name\":\"Why is the dollar figure different from the rupee figure?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Rs 11,700 crore is about $1.25 billion at roughly Rs 93.9 per dollar, while the headline says up to $1.2 billion. Reports often round or use a different rate.\"}},{\"@type\":\"Question\",\"name\":\"How has the share price moved?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The stock closed at Rs 970 on 2 November, rose 7.65% to Rs 1,070 on 5 November and gained about 0.7% on 11 November, according to market reports. Check the exchange for the live price.\"}},{\"@type\":\"Question\",\"name\":\"How did Bajaj Finance perform in H1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"H1 FY27 consolidated profit after tax was up 28% to Rs 12,447 crore and assets under management up 26%, per market reports.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy Bajaj Finance shares around the QIP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest does not recommend any security. Pricing, dilution and growth all matter, so read the filings and consult a SEBI-registered adviser.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bajaj Finance QIP of up to Rs 11,700 crore and Bajaj Finance warrants at Rs 1,010 explained: total raise, dilution math, share price and risks.<\/p>\n","protected":false},"author":34,"featured_media":344049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[22305,22306,7472,22308,22307,6688,6010],"class_list":["post-344050","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bajaj-finance-qip","tag-bajaj-finance-warrants","tag-bajaj-finserv","tag-dilution","tag-floor-price","tag-nbfc","tag-preferential-issue"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["344049"],"rank_math_title":["Bajaj Finance QIP and Bajaj Finance Warrants Explained"],"rank_math_description":["Bajaj Finance QIP of up to Rs 11,700 crore and Bajaj Finance warrants at Rs 1,010 explained: total raise, dilution math, share price and risks."],"rank_math_focus_keyword":["Bajaj Finance QIP"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/bajaj-finance-qip-of-up-to-rs-11-700-crore-and-bajaj-finance-warrants-at-rs-1.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344050","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=344050"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344050\/revisions"}],"predecessor-version":[{"id":344051,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/344050\/revisions\/344051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/344049"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=344050"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=344050"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=344050"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}