# Bajaj Finance Equity Dilution Plan

> Bajaj Finance's ₹17,500 crore equity raise risks short-term RoE drop.
- Title: Bajaj Finance Equity Dilution Plan · mint | Shortify
- Summary: Bajaj Finance's ₹17,500 crore equity raise risks short-term RoE drop. Bajaj Finance's planned ₹17,500 crore equity fundraising could reduce return-on-equity…
- Keywords: bajaj finance, bajaj finserv, equity dilution, crar, roe, nifty 50, qip, money, business, Bajaj, Finance, Equity
- Source: mint — https://livemint.com/market/mark-to-market/bajaj-finance-stock-price-bajaj-finserv-equity-fundraise-bajaj-housing-finance-11791170599622.html
- Author: Manish Joshi
- Published: 2026-10-05T04:11:29+00:00
- Read time: 1 min
- Topics: bajaj finance, bajaj finserv, equity dilution, crar, roe, nifty 50, qip, money, business
## Bajaj Finance's Equity Plan
Bajaj Finance announced a ₹11,700 crore QIP and ₹5,800 crore preferential warrant allotment to Bajaj Finserv for total ₹17,500 crore equity raise.
## Current Capital Position
Bajaj Finance has 20% CRAR versus RBI's 15% minimum requirement with 9% equity requirement.
## Equity Dilution Impact
Equity dilution could reduce return-on-equity by 3% and restrict EPS growth if raised near current market price in FY27.
## Parent Company Pressure
Bajaj Finserv must participate to maintain 51.3% stake in Bajaj Finance as its stake would drop below majority mark.
## Stock Performance
Bajaj Finance stock down 4% in 2026 versus 14% Nifty 50 index drop.
## Market Valuation
Stock valuation at 23x p/e multiple could cap near-term gains without factoring new equity raise.
## Key takeaway

Bajaj Finance's planned ₹17,500 crore equity fundraising could reduce return-on-equity by 3% if priced near current market levels in FY27.