Bajaj Finance and Vishal Nirmiti see significant market activity

Bajaj Finance shares rose 5% to Rs 995.40 following board approval to raise up to Rs 17,500 crore through a Qualified Institutional Placement (QIP) and a preferential issue of warrants totaling up to Rs 5,800 crore. The company reported that assets under management (AUM) increased 26.5% year-on-year to Rs 5.85 lakh crore in Q2.

Separately, Vishal Nirmiti Limited has launched its mainboard IPO, which is scheduled to close on 5 October 2026. The issue is valued at approximately ₹178 crore, consisting of a ₹145 crore fresh issue and a ₹33 crore offer for sale. The price band is set between ₹208 and ₹220 per share.