Bajaj Finserv block deal: Funds queue up to buy shares of the Bajaj Finance-parent

Institutions, both domestic and foreign, queued up to buy shares of Bajaj Finance-parent Bajaj Finserv Ltd. in its block deal that took place on Friday, June 6.

Domestic funds ranging from SBI MF to HDFC MF, and global funds from Morgan Stanley to BofA Securities to Goldman Sachs, were all buyers in the Bajaj Finserv block deal, according to data available.

Here’s a look at the funds that were buyers in the transaction on Friday:
FundNo. Of Shares BoughtICICI Prudential MF77.92 LakhSBI MF77.92 LakhMorgan Stanley Asia21.79 LakhBofA Securities Europe13.1 LakhAditya Birla Sun Life MF12.99 LakhHDFC MF11.66 LakhSociete Generale10.11 LakhEdelweiss MF5.19 LakhICICI Prudential Life4.68 LakhJPMorgan India Investment Trust4.65 LakhTata Mutual Fund4.54 LakhViridan Asia Opportunities4.46 LakhSBI Life Insurance3.12 LakhCitigroup Global Markets2.9 LakhJPMorgan India Fund2.83 LakhGoldman Sachs Singapore Pte.2.23 LakhGoldman Sachs Mauritius2.23 LakhDSP MF0.55 LakhNomura Singapore Ltd.0.53 Lakh
Bajaj Finserv promoter Jamnalal Sons Pvt. Ltd. sold 1.82 crore shares, while Bajaj Holdings and Investment sold 1.04 crore shares during that block deal on Friday, that was valued at ₹5,506 crore.

India’s domestic mutual funds have a 5.43% stake in Bajaj Finserv, where the SBI Index Fund has a 1.33% stake at the end of the March quarter. Foreign Portfolio Investors, cumulatively had a 7.52% stake in Bajaj Finserv.

Shares of Bajaj Finserv ended 2.3% higher on Friday at ₹1,988.7. The stock has risen 26% so far in 2025 and is among the outperformers on the Nifty.