Group Structure
Bajaj Holdings and Investment Limited (BHIL)(Listed)
Bajaj Auto Ltd
(Listed)
Auto business arm
Bajaj Finserv Ltd
(Listed)
Financial services arm
Maharashtra Scooters Ltd
(Listed)
Unregistered Core Investment Company
- 3 0%
Bajaj Finance
Ltd (Listed)Lending business arm
- 0%
Bajaj Allianz General Insurance Ltd
Protection
- 0%
Bajaj Allianz Life Insurance Ltd
Protection and retiral
- 0%
Bajaj Finserv
Direct LtdDigital marketplace
- 0%
Bajaj Finserv Health Ltd
Healthcare ecosystem solutioning
- 0%
Bajaj Finserv Asset Management Ltd
Mutual fund
- 0%
Bajaj Housing
Finance LtdMortgage lending
- 0%
Bajaj Financial
Securities LtdBroking & depository
- 0%
Bajaj Finserv Asset Management Ltd
Mutual fund
- 0%
Bajaj Finserv
Ventures LtdAlternate investments
- 0%
Bajaj Finserv
Ventures LtdAlternate investments
Apart from these, Bajaj Finserv (BFS) has one more fully-owned subsidiaries BFS Ventures (BFSV)
- 60.69% holding via promoter holding & promoter group
- 55.06% holding via promoter holding & promoter group
- 54.69% holding via promoter holding & promoter group
Bajaj Housing Finance Limited (BHFL) is a 100% subsidiary of BFL which became fully operational in Feb 2018.
Bajaj Financial Securities Limited (BFSL) is a 100% subsidiary of BFL which became fully operational in Aug 2019.
Maharashtra Scooters Limited (MSL) is termed as an unregistered Core Investment Company.
Note that the above shareholding is as of 31 March, 2024.
Group Structure
Bajaj Holdings and Investment Limited (BHIL)(Listed)
Bajaj Auto Ltd
(Listed)
Auto business arm
Bajaj Finserv Ltd
(Listed)
Financial services arm
Maharashtra Scooters Ltd
(Listed)
Unregistered Core Investment Company
Bajaj Finserv Ltd
(Listed)
Lending business arm
Bajaj Allianz General Insurance Ltd
Protection
Bajaj Allianz Life Insurance Ltd
Protection & retiral
Bajaj Finserv Direct Ltd
Digital marketplace
Bajaj Finserv Health Ltd
Healthcare ecosystem solutioning
Bajaj Finserv Asset Management Ltd
Mutual fund
Bajaj Finserv Ventures Ltd
Alternate investments
Bajaj Finserv Ventures Ltd
Alternate investments
Bajaj Housing Finance Ltd
Mortgage lending
Bajaj Financial Securities Ltd
Broking & depository
Apart from these, Bajaj Finserv (BFS) has one more fully-owned subsidiaries BFS Ventures (BFSV)
- 60.69% holding via promoter holding & promoter group
- 55.06% holding via promoter holding & promoter group
- 54.69% holding via promoter holding & promoter group
Bajaj Housing Finance Limited (BHFL) is a 100% subsidiary of BFL which became fully operational in Feb 2018.
Bajaj Financial Securities Limited (BFSL) is a 100% subsidiary of BFL which became fully operational in Aug 2019.
Maharashtra Scooters Limited (MSL) is termed as an unregistered Core Investment Company.
Note that the above shareholding is as of 31 March, 2024.
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