Bajaj Finance launches a Rs 11,700 crore QIP to fuel business expansion. The NBFC sets floor price at Rs 992.25 per share. Learn more about their capital raise. Key PointsBajaj Finance is raising Rs 11,700 crore through a Qualified Institutional Placement (QIP).The capital raise is intended to fund the companys business growth.The floor price for the QIP has been approved at Rs 992.25 per equity share.