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Group Structure

Bajaj Holdings and Investment Limited (BHIL)(Listed)

 
 
 
 
 
 
234.22%0%
 
 
 

Bajaj Auto Ltd
(Listed)

Auto business arm

1 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Financial services arm

0%
 
 
 

Maharashtra Scooters Ltd
(Listed)

Unregistered Core Investment Company

 
 
 
 
 
 
 
 
  • VericleLine
    3 0%
     
     
     

    Bajaj Finance
    Ltd (Listed)

    Lending business arm

  • VericleLine
    0%
     
     
     

    Bajaj Allianz General Insurance Ltd

    Protection

  • VericleLine
    0%
     
     
     

    Bajaj Allianz Life Insurance Ltd

    Protection and retiral

  • VericleLine
    0%
     
     
     

    Bajaj Finserv
    Direct Ltd

    Digital marketplace

  • VericleLine
    0%
     
     
     

    Bajaj Finserv Health Ltd

    Healthcare ecosystem solutioning

  • VericleLine
    0%
     
     
     

    Bajaj Finserv Asset Management Ltd

    Mutual fund

 
 
 
 
 
 
 
  • VericleLine
    0%
     
     
     

    Bajaj Housing
    Finance Ltd

    Mortgage lending

  • VericleLine
    0%
     
     
     

    Bajaj Financial
    Securities Ltd

    Broking & depository

  • 0%
     
     
     

    Bajaj Finserv Asset Management Ltd

    Mutual fund

  • VericleLine
    0%
     
     
     

    Bajaj Finserv
    Ventures Ltd

    Alternate investments

  • VericleLine
    0%
     
     
     

    Bajaj Finserv
    Ventures Ltd

    Alternate investments

Apart from these, Bajaj Finserv (BFS) has one more fully-owned subsidiaries BFS Ventures (BFSV)

  1. 60.69% holding via promoter holding & promoter group
  2. 55.06% holding via promoter holding & promoter group
  3. 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)

 
 
 
 
 
 
234.22% 0%
 
 
 

Bajaj Auto Ltd
(Listed)

Auto business arm

1 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Financial services arm

0%
 
 
 

Maharashtra Scooters Ltd
(Listed)

Unregistered Core Investment Company

 
 
 
 
 
 
VericleLine
VericleLine
 
VericleLine
3 0%
 
 
 

Bajaj Finserv Ltd
(Listed)

Lending business arm

VericleLine
VericleLine
0%
 
 
 

Bajaj Allianz General Insurance Ltd

Protection

VericleLine
0%
 
 
 

Bajaj Allianz Life Insurance Ltd

Protection & retiral

 
 
 
 
 
VericleLine
0%
 
 
 

Bajaj Finserv Direct Ltd

Digital marketplace

VericleLine
0%
 
 
 

Bajaj Finserv Health Ltd

Healthcare ecosystem solutioning

 
 
 
 
 
0%
 
 
 

Bajaj Finserv Asset Management Ltd

Mutual fund

VericleLine
0%
 
 
 

Bajaj Finserv Ventures Ltd

Alternate investments

VericleLine
0%
 
 
 

Bajaj Finserv Ventures Ltd

Alternate investments

 
 
 
 
0%
 
 
 

Bajaj Housing Finance Ltd

Mortgage lending

VericleLine
0%
 
 
 

Bajaj Financial Securities Ltd

Broking & depository

Apart from these, Bajaj Finserv (BFS) has one more fully-owned subsidiaries BFS Ventures (BFSV)

  1. 60.69% holding via promoter holding & promoter group
  2. 55.06% holding via promoter holding & promoter group
  3. 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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