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Bajaj Housing finance open to strategic stake sales: Sanjiv Bajaj
Bajaj Housing Finance, set to launch a ₹6,560-crore IPO next week, is open to selling stakes to strategic investors. Promoters plan to dilute stakes in phases to comply with listing norms, starting with a 10-11% stake via this IPO. The company, established in 2017, has grown rapidly, reaching assets over ₹90,000 crore by March 2024.