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Group Structure

Bajaj Finserv Ltd
(Listed)

Financial services arm

 
 
 
 
 
 
 
 
  • VericleLine
    151.32%
     
     
     

    Bajaj Finance
    Ltd (Listed)

    Lending business arm

  • VericleLine
    2 0%
     
     
     

    Bajaj General Insurance Ltd

    Protection

  • VericleLine
    2 0%
     
     
     

    Bajaj Life
    Insurance Ltd

    Protection and retiral

  • VericleLine
  • VericleLine
    0%
     
     
     

    Bajaj Finserv Health Ltd

  • VericleLine
    0%
     
     
     

    Bajaj Finserv
    Ventures Ltd

     

  • VericleLine
    3 0%
     
     
     

    Bajaj Finserv Asset Management Ltd

    Mutual fund

  • VericleLine
    4 0%
     
     
     

    Bajaj Alternate Investment Management Ltd

 
 
 
 
 
 
 
  • VericleLine
    86.70%
     
     
     

    Bajaj Housing
    Finance Ltd (Listed)

    Mortgage lending

  • VericleLine
    0%
     
     
     

    Bajaj Financial
    Securities Ltd

    Broking & depository

  • VericleLine
    19.9%
     
     
     
    80.1%
     
     
     

    Bajaj Finserv
    Direct Ltd

    Digital marketplace

  • VericleLine
    100%
     
     
     

    Vidal Healthcare Services Pvt. Ltd

  1. 54.70% holding via promoter holding & promoter group
  2. 97% holding via promoter holding & promoter group
  3. Bajaj Finserv Mutual Fund Trustee Ltd is a wholly owned subsidiary of Bajaj Finserv Limited, acts as Trustee to the Asset Management Company.
  4. Newly formed Company, business yet to commence. Regulatory approvals in process

Note: Shareholding as of 8 January, 2026

Group Structure

Bajaj Finserv Ltd (Listed)

Financial services arm

 
 
 
 
 
 
VericleLine
VericleLine
 
VericleLine
1 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Lending business arm

VericleLine
VericleLine
2 0%
 
 
 

Bajaj General Insurance Ltd

Protection

VericleLine
2 0%
 
 
 

Bajaj Life Insurance Ltd

Protection & retiral

VericleLine
 
 
 
 
 
 
VericleLine
86.70%
 
 
 

Bajaj Housing Finance Ltd (Listed)

Mortgage lending

 
VericleLine
0%
 
 
 

Bajaj Financial Securities Ltd

Broking & depository

 
VericleLine
19.9%
 
 
 
80.1%
 
 
 

Bajaj Finserv Direct Ltd

Digital marketplace

 
 
 
 
VericleLine
0%
 
 
 

Bajaj Finserv Health Ltd

VericleLine
0%
 
 
 

Bajaj Finserv Ventures Ltd

 

VericleLine
3 0%
 
 
 

Bajaj Finserv Asset Management Ltd

Mutual fund

 
 
 
 
VericleLine
0%
 
 
 

Vidal Healthcare Services Pvt. Ltd

 

 
VericleLine
4 0%
 
 
 

Bajaj Alternate Investment Management Ltd

 
  1. 54.70% holding via promoter holding & promoter group
  2. 97% holding via promoter holding & promoter group
  3. Bajaj Finserv Mutual Fund Trustee Ltd is a wholly owned subsidiary of Bajaj Finserv Limited, acts as Trustee to the Asset Management Company.
  4. Newly formed Company, business yet to commence. Regulatory approvals in process

Note: Shareholding as of 8 January, 2026