BAJAJ FINSERV LTD
Bajaj Finserv Limited is a part of Bajaj Holdings & Investments Limited. The company is engaged in consumer finance businesses, life insurance, and general insurance. The company was founded in May 2007 and is headquartered in Pune, Maharashtra, India. Apart from financial services, Bajaj Finserv is also active in wind–energy generation with an installed capacity of 65.2 MW.
Bajaj Finserv limited is the holding company for the various financial services businesses under Bajaj group. It serves millions of customers by providing solutions for asset acquisition through financing, asset protection through general insurance, family & protection in the form of life & health insurance and retirement & savings solution.
Bajaj Finance Limited is the lending wealth advisory arm of Bajaj Finserv Limited. The 2 insurance companies, Bajaj Allianz General Insurance Company & Bajaj Allianz Life Insurance Company are joint ventures with Allianz SE, Germany. Bajaj Finserv is the majority partner in this joint venture.
The company has diversified financial services & ecommerce open architecture marketplace for loans, cards, insurance, investments, payments & lifestyle products. It offers large number of financial products & thousands of lifestyle SKU’s on its Finserv Markets platform.
Their shareholding pattern consists of Promoters and Promoter Group having 60.80% of shares, Public having 23.49% shares, following by FII’s having 9.55% shares and DII’s with 6% shares.
