Bajaj Finance shareholders and shareholding pattern

NSE: BAJFINANCEBSE: 500034FinanceLarge Cap

Bajaj Finance Limited · Formerly Bajaj Auto Finance · Face value ₹1 · Listed Jun 1994 on BSE, Apr 2003 on NSE

₹917.25₹5.25 (0.58%)BSE ₹917.25

Share price at the NSE close on 28 Oct 2026. Previous close ₹912.00.

28 Oct: open ₹905.00, high ₹919.00, low ₹899.15

52-week range of traded prices to 28 Oct 2026

₹787.90Low, 23 Mar 2026₹1,176.40High, 3 Aug 2026

Market cap: ₹5,71,076 Cr7th largest listed
P/E: 26.32
P/B: 4.64
Dividend yield: 0.65%
ROE: 19.2%
NIM: 9.08%
Cost of funds: 7.20%
Credit cost: 2.09%
ROA: 3.77%
Leverage: 4.75times net worth
Volume, NSE: 54,60,928

Bajaj Finance's shareholding pattern for Sep 2026, filed on 9 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Bajaj Finance, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters54.67%
Foreign institutions19.79%
Indian institutions17.05%
GovernmentsNone
Individuals and others8.46%
Employee trusts0.03%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others
Employee trusts

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	58.07%	57.94%	57.94%	55.26%	55.28%	55.14%	55.14%	55.15%	55.15%	55.17%	58.26%	58.26%	56.15%	56.20%	56.20%	56.12%	56.12%	56.12%	56.03%	56.03%	56.03%	55.86%	55.86%	55.86%	55.91%	55.91%	55.87%	55.87%	54.78%	54.69%	54.70%	54.70%	54.70%	54.73%	54.73%	54.66%	54.70%	54.70%	54.67%	54.67%
Indian promoters	58.07%	57.94%	57.94%	55.26%	55.28%	55.14%	55.14%	55.15%	55.15%	55.17%	58.26%	58.26%	56.15%	56.20%	56.20%	56.12%	56.12%	56.12%	56.03%	56.03%	56.03%	55.86%	55.86%	55.86%	55.91%	55.91%	55.87%	55.86%	54.76%	54.68%	54.69%	54.69%	54.69%	54.72%	54.71%	54.66%	54.70%	54.70%	54.67%	54.67%
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	41.63%	41.51%	41.65%	44.43%	44.44%	44.37%	44.49%	44.58%	44.60%	44.64%	41.32%	41.37%	43.55%	43.51%	43.58%	43.56%	43.60%	43.71%	43.76%	43.79%	43.87%	43.78%	43.84%	43.92%	43.90%	43.92%	44.00%	44.03%	45.17%	45.15%	45.22%	45.25%	45.27%	45.17%	45.24%	45.22%	45.21%	45.22%	45.24%	45.30%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	20.50%	19.86%	19.17%	20.09%	20.41%	20.92%	20.56%	21.09%	20.81%	20.79%	21.46%	21.71%	21.97%	21.50%	21.33%	20.21%	19.79%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17.07%	15.72%	15.05%	15.97%	16.28%	16.83%	16.45%	17.06%	16.98%	17.03%	17.94%	18.39%	18.52%	18.42%	18.29%	17.93%	18.81%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.66%	0.65%	0.71%	0.73%	0.73%	0.69%	0.71%	0.75%	0.73%	0.96%	0.90%	0.95%	0.91%	0.92%	0.91%	0.97%
Sovereign wealth funds, foreign	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.42%	3.49%	3.46%	3.41%	3.40%	3.36%	3.41%	3.31%	3.08%	3.03%	2.55%	2.42%	2.50%	2.16%	2.12%	1.36%	0.00%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%
Foreign institutional investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.16%	12.44%	12.99%	12.90%	13.12%	14.09%	14.41%	14.31%	15.09%	15.17%	14.87%	14.59%	14.47%	14.94%	15.18%	16.40%	17.05%
Mutual funds	5.37%	5.30%	5.83%	6.14%	7.00%	7.78%	7.48%	7.32%	7.50%	7.17%	6.99%	7.12%	7.85%	8.08%	7.26%	7.10%	6.25%	6.39%	6.57%	7.19%	7.43%	8.08%	8.40%	8.72%	9.15%	9.26%	9.15%	9.10%	9.83%	9.56%	9.15%	9.50%	9.52%	9.00%	8.89%	8.89%	9.09%	8.76%	9.63%	10.32%
Insurance companies	–	–	–	0.62%	0.89%	0.85%	0.93%	0.91%	0.85%	0.79%	0.71%	0.73%	0.84%	1.77%	1.11%	0.94%	0.80%	0.72%	0.83%	0.90%	0.98%	1.29%	1.35%	2.34%	2.22%	2.64%	2.59%	2.87%	2.94%	3.56%	3.85%	4.32%	4.62%	4.78%	4.56%	4.28%	4.24%	4.56%	4.81%	4.68%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.03%	0.01%	0.02%	0.02%	0.03%	0.04%	0.06%	0.05%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.60%	0.70%	0.76%	0.78%	0.81%	0.88%	0.90%	0.84%	0.88%	0.74%	0.81%	0.91%	1.07%	1.37%	1.59%	1.62%	1.60%
Alternative investment funds	–	–	–	0.11%	0.15%	0.19%	0.25%	0.29%	0.37%	0.39%	0.39%	0.42%	0.60%	0.60%	0.56%	0.81%	0.69%	0.65%	0.59%	0.60%	0.58%	0.46%	0.47%	0.40%	0.27%	0.23%	0.28%	0.27%	0.36%	0.31%	0.38%	0.31%	0.17%	0.18%	0.14%	0.13%	0.13%	0.15%	0.18%	0.31%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	0.00%	Under 0.01%	0.00%	0.00%	0.00%
Sovereign wealth funds, Indian	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.09%	0.09%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.09%	0.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	Under 0.01%	Under 0.01%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.26%	11.60%	11.76%	11.01%	10.51%	10.17%	10.19%	9.83%	9.35%	9.30%	8.84%	8.93%	8.77%	8.76%	8.71%	8.64%	8.46%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.48%	7.87%	8.10%	7.47%	7.04%	6.90%	6.95%	6.73%	6.41%	6.45%	6.01%	5.06%	4.92%	4.94%	4.93%	4.87%	4.78%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.37%	1.32%	1.25%	1.21%	1.17%	1.05%	1.08%	1.02%	0.93%	0.91%	0.88%	1.83%	1.81%	1.86%	1.77%	1.75%	1.77%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.22%	1.23%	1.20%	1.16%	1.15%	1.09%	1.05%	0.99%	0.92%	0.89%	0.91%	0.93%	0.86%	0.91%	0.90%	0.90%	0.87%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.77%	0.77%	0.78%	0.76%	0.75%	0.74%	0.74%	0.73%	0.74%	0.71%	0.69%	0.51%	0.55%	0.54%	0.55%	0.53%	0.53%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	–	0.00%	0.00%	0.00%	0.00%	0.00%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.04%	0.05%	0.05%	0.04%	0.04%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.04%	0.04%	0.05%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.02%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.33%	0.32%	0.33%	0.29%	0.29%	0.28%	0.28%	0.27%	0.26%	0.26%	0.26%	0.49%	0.55%	0.42%	0.48%	0.50%	0.42%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	Under 0.01%	0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%	0.29%	0.30%	0.28%	0.27%	0.26%	0.25%	0.25%	0.24%	0.24%	0.23%	0.24%	0.24%	0.24%	0.23%	0.23%	0.22%
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.17%	0.11%	0.17%	0.19%	0.12%
Employee trusts	0.30%	0.56%	0.42%	0.31%	0.28%	0.49%	0.38%	0.26%	0.24%	0.19%	0.42%	0.37%	0.30%	0.29%	0.22%	0.32%	0.28%	0.17%	0.21%	0.17%	0.10%	0.36%	0.29%	0.22%	0.18%	0.17%	0.13%	0.10%	0.05%	0.16%	0.08%	0.05%	0.04%	0.10%	0.03%	0.12%	0.10%	0.07%	0.08%	0.03%
Shares in issue	54,79,71,900	54,98,90,090	54,98,90,090	57,65,17,308	57,65,17,308	57,79,68,388	57,79,68,388	57,79,68,388	57,79,68,388	57,79,68,388	57,98,94,198	57,98,94,198	60,16,89,069	60,16,89,069	60,17,39,069	60,25,87,339	60,25,87,339	60,25,87,339	60,35,94,345	60,35,94,345	60,35,94,345	60,54,29,233	60,54,29,233	60,54,29,233	60,54,29,233	60,54,29,233	60,59,18,538	60,59,18,538	61,80,23,077	61,89,96,320	61,89,96,320	61,89,96,320	61,89,96,470	62,14,28,652	6,21,42,86,520	6,22,24,81,865	6,22,24,81,865	6,22,24,81,865	6,22,59,54,304	6,22,59,54,304
Shares locked in	31,78,16,130	31,78,16,130	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	31,78,16,130	31,78,16,130	31,78,16,130	0	0	0	15,50,000	1,55,00,000	1,55,00,000	1,55,00,000	1,55,00,000	1,55,00,000	1,55,00,000
Promoters' shares locked in	31,78,16,130	31,78,16,130	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	92,50,000	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	31,78,16,130	31,78,16,130	31,78,16,130	0	0	0	15,50,000	1,55,00,000	1,55,00,000	1,55,00,000	1,55,00,000	1,55,00,000	1,55,00,000
Shares underlying depositary receipts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	130	400	0	0	0	0	0	–	0	0	0	0	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Bajaj Finance shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	1,00,835	94,633	98,733	1,11,930	1,25,430	1,31,959	1,22,989	1,52,538	1,71,722	1,68,420	1,74,619	1,91,581	2,20,885	3,54,901	5,10,531	5,22,945	4,18,677	4,64,394	4,88,763	5,25,257	6,36,931	7,18,638	8,68,271	7,67,722	8,16,292	8,90,706	7,84,883	7,26,583	7,45,040	7,99,199	8,05,241	7,81,913	7,91,392	7,05,610	8,99,777	9,41,999	9,61,994	10,02,945	9,85,158	9,52,483
	4	5	5	6	6	6	6	7	7	10	11	11	11	14	14	14	14	16	16	16	16	21	21	21	22	22	24	24	24	24	25	25	25	25	24	24	24	24	24	24
Indian promoters	4	5	5	6	6	6	6	7	7	10	11	11	11	14	14	14	14	16	16	16	16	21	21	21	22	22	24	22	22	22	23	23	23	23	21	23	23	23	23	23
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	2	2	2	2	2	2	2	3	1	1	1	1	1
	1,00,830	94,627	98,727	1,11,923	1,25,423	1,31,952	1,22,982	1,52,530	1,71,714	1,68,409	1,74,607	1,91,569	2,20,873	3,54,886	5,10,516	5,22,930	4,18,662	4,64,377	4,88,746	5,25,240	6,36,914	7,18,616	8,68,249	7,67,700	8,16,269	8,90,683	7,84,858	7,26,553	7,45,008	7,99,174	8,05,215	7,81,887	7,91,366	7,05,584	8,99,752	9,41,974	9,61,969	10,02,920	9,85,133	9,52,458
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	957	960	954	1,004	1,056	1,115	1,062	1,034	1,047	1,023	1,261	1,363	1,335	1,349	1,318	1,292	1,383
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	956	879	875	922	970	1,028	982	958	965	944	1,152	1,254	1,225	1,243	1,213	1,195	1,282
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	80	78	81	85	86	79	75	81	78	108	108	109	105	104	95	100
Sovereign wealth funds, foreign	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	0	0	1	1
Foreign institutional investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	147	155	150	145	128	141	144	149	140	141	155	157	157	163	156	161	171
Mutual funds	115	123	149	180	216	219	36	38	37	38	38	38	50	49	38	37	36	35	36	36	40	40	40	41	41	41	40	40	39	40	41	40	41	47	44	48	49	48	49	51
Insurance companies	–	–	–	6	6	6	6	5	5	4	4	4	4	7	7	7	7	7	7	7	7	7	8	31	30	30	33	32	30	32	33	34	35	34	32	32	32	32	36	35
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	11	8	9	2	11	5	13	3	9	3	9	4	12	6	4	5
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Alternative investment funds	–	–	–	11	13	14	13	18	22	26	29	35	41	43	44	46	46	44	44	46	39	47	55	56	61	59	51	42	49	52	47	50	45	60	61	61	56	58	60	66
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	9	9	9	9	9	12	12	10	8	8	8	9	10	9	9	11
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	0	1	0	0	0
Sovereign wealth funds, Indian	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	1	1	1	1	0	1	1	1	2	2	2	2	3
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	2	2	2	2	3
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	1	1	1	1	0	1	1	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,66,596	8,15,154	8,89,579	7,83,709	7,25,368	7,43,751	7,97,967	8,04,031	7,80,700	7,90,201	7,04,167	8,98,231	9,40,480	9,60,455	10,01,444	9,83,678	9,50,901
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,34,341	7,81,266	8,53,083	7,51,347	6,94,255	7,11,794	7,64,396	7,67,546	7,44,112	7,53,648	6,67,795	8,55,415	8,96,589	9,15,484	9,54,441	9,36,962	9,04,761
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	37	36	35	34	33	30	32	30	27	26	25	168	166	177	176	173	165
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,360	4,517	4,577	4,046	3,877	3,862	3,812	3,790	3,784	3,749	3,979	4,307	4,227	4,215	4,323	4,113	4,116
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	18,586	19,320	20,980	18,704	18,235	18,858	19,950	20,048	20,544	20,701	21,398	23,939	25,169	25,552	26,960	27,159	27,330
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	3	3	3	3	1	1	1	2	2	2	2	2	2	2	2	2
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	0	0	0	1	0	0	0	0	–	0	0	0	0	0
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	7	5	6	5	5	5	5	5	6	5	5	5	5	5
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	1	1	1	2	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9,263	10,004	10,893	9,565	8,958	9,198	9,768	12,608	12,223	12,067	10,960	14,391	14,319	15,017	15,534	15,261	14,519
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	69	67	65	58	60	64	68	64	72	71	72	78	78	81	83	76	76
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	182	96	113	24	18	18	16	18	20	17	13	15	15	8	6	9	5
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9,012	9,841	10,715	9,483	8,880	9,116	9,684	12,526	12,131	11,979	10,875	13,855	13,778	13,920	14,398	14,128	13,382
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	443	447	1,008	1,047	1,048	1,056
Employee trusts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1

Bajaj Finance promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is BAJAJ FINSERV LIMITED, 51.30%. The filing names 85 more members with no shares.Promoter buying and selling

Holder
BAJAJ FINSERV LIMITEDIndian companies, trusts and others	51.30%	3,19,36,61,300	0.49%
MAHARASHTRA SCOOTERS LIMITEDIndian companies, trusts and others	3.06%	19,02,61,600	0.00%
SANJIVNAYAN BAJAJIndividuals and Hindu undivided families	0.08%	46,76,880	0.00%
BAJAJ SEVASHRAM PRIVATE LIMITEDIndian companies, trusts and others	0.05%	30,85,000	0.00%
BAJAJ LIFE INSURANCE LIMITEDIndian companies, trusts and others	0.04%	24,70,000	0.00%
SANJALI BAJAJIndividuals and Hindu undivided families	0.02%	15,53,540	0.00%
SIDDHANTNAYAN BAJAJIndividuals and Hindu undivided families	0.02%	15,53,040	0.00%
JAMNALAL SONS PRIVATE LIMITEDIndian companies, trusts and others	0.02%	12,76,400	0.00%
BARODA INDUSTRIES PRIVATE LIMITEDIndian companies, trusts and others	0.02%	11,76,000	0.00%
Neelima Bajaj Family Trust (Kumud Bajaj)Indian companies, trusts and others	0.01%	6,10,000	0.00%
Nimisha Bajaj Family Trust (Kumud Bajaj)Indian companies, trusts and others	0.01%	6,10,000	0.00%
BACHHRAJ FACTORIES PRIVATE LIMITEDIndian companies, trusts and others	0.01%	7,20,000	0.00%
SHEFALI BAJAJIndividuals and Hindu undivided families	0.01%	6,31,040	0.00%
BAJAJ GENERAL INSURANCE LIMITEDIndian companies, trusts and others	0.01%	6,62,000	0.00%
Kumud Bajaj (A/c Madhur Neelima Family Trust)Indian companies, trusts and others	0.00%	1,50,000	0.00%
Kumud Bajaj (A/c Madhur Nimisha Family Trust)Indian companies, trusts and others	0.00%	1,50,000	0.00%
Neelima Bajaj Swamy (A/c Kumud Nimisha Family Trust)Indian companies, trusts and others	0.00%	1,50,000	0.00%
Nimisha Jaipuria (A/c Kumud Neelima Family Trust)Indian companies, trusts and others	0.00%	1,50,000	0.00%
KUMUD BAJAJIndividuals and Hindu undivided families	0.00%	40,000	0.00%
NIRVAAN KEJRIWALIndividuals and Hindu undivided families	0.00%	20,000	0.00%
RAJIVNAYAN BAJAJIndividuals and Hindu undivided families	0.00%	10,000	0.00%
RISHABNAYAN BAJAJIndividuals and Hindu undivided families	0.00%	20,000	0.00%
SUMAN JAINIndividuals and Hindu undivided families	0.00%	70,150	0.00%
ARYAMAN KEJRIWALNon-resident and foreign individuals	0.00%	20,000	0.00%

No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of Bajaj Finance, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Bajaj Finance

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Life Insurance Corporation of IndiaInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.32%	–	–	–	–	–	–	–	–	–	–	–	–	–	1.51%	1.93%	2.49%	2.84%	2.77%	2.62%	2.35%	2.38%	2.75%	3.00%	2.99%
NPS TrustProvident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.07%	1.37%	1.59%	1.62%	1.60%
GOVERNMENT OF SINGAPORESovereign wealth funds, foreign	2.61%	2.60%	2.49%	3.99%	3.94%	3.81%	3.55%	3.63%	3.71%	3.69%	3.75%	3.72%	–	–	4.36%	4.26%	4.38%	4.29%	4.17%	3.40%	–	–	–	3.42%	3.49%	–	–	–	3.36%	3.41%	3.31%	3.08%	3.03%	2.55%	2.42%	–	–	–	1.36%	–
GOVERNMENT OF SINGAPORE - ESovereign wealth funds, foreign	–	–	–	–	–	–	–	–	–	–	–	–	4.65%	4.51%	–	–	–	–	–	–	3.22%	3.26%	3.35%	–	–	3.46%	3.41%	3.40%	–	–	–	–	–	–	–	2.50%	2.16%	2.12%	–	–
STEADVIEW CAPITAL MAURITIUS LIMITEDInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	1.17%	1.17%	1.26%	1.26%	1.14%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SMALLCAP WORLD FUND, INCInstitutions Foreign Portfolio Investor	1.11%	1.11%	1.11%	1.06%	1.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: GOVERNMENT OF SINGAPORE no longer named, from 1.36%
Indian institutions: NPS Trust 1.60%, −0.02 pts; Life Insurance Corporation of India 2.99%, −0.01 pts