Bajaj Finance Ltd. is set to launch a share sale to raise as much as 117 billion rupees ($1.2 billion) from institutional investors as soon as this week in Mumbai, according to people familiar with the matter, in what would be the first major Indian equity offering since Jio Platforms Ltd.’s record $3.1 billion initial public offering last month.
Bajaj Finance Ltd. is set to launch a share sale to raise as much as 117 billion rupees ($1.2 billion) from institutional investors as soon as this week in Mumbai, according to people familiar with the matter, in what would be the first major Indian equity offering since Jio Platforms Ltd.’s record $3.1 billion initial public offering last month.
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