Bajaj Auto owner: the Bajaj family holds about 56%, mainly through Bajaj Holdings and Jamnalal Sons
Bajaj Auto is controlled by the Bajaj family with about 56% as promoters, mainly through Bajaj Holdings and Investment (34.2%) and Jamnalal Sons (9.3%). Rajiv Bajaj holds 0.27% directly.
Bajaj Auto is controlled by the Bajaj family, whose promoter group holds about 56% of the company, mainly through Bajaj Holdings and Investment (34.2%) and Jamnalal Sons (9.3%). The rest is held by retail and other investors (21.87%), foreign institutions (8.87%), other domestic institutions (7.42%) and mutual funds (5.89%), according to Upstox’s shareholding data on 9 November 2026. 12
Who owns Bajaj Auto? Promoter holdings
| Promoter entity | Stake |
|---|---|
| Bajaj Holdings and Investment Ltd | About 34.2% |
| Jamnalal Sons Pvt Ltd | About 9.3% |
| Maharashtra Scooters Ltd | About 2.5% |
| Bajaj Sevashram Pvt Ltd | About 1.6% |
| Bachhraj and Company Pvt Ltd | About 1.3% |
| Rajiv Bajaj | 0.27% |
| Sanjiv Bajaj | 0.12% |
| Family trusts and other relatives | Several small holdings |
| Total promoter group | About 56% |
Promoters held 55.01% in March 2026 and 54.76% in June 2026, and Upstox shows 55.95% at the latest filing, so the figure moves a little with each quarter. The entity-level breakdown is from the company’s annual report and a BSE filing summary. 2345
How does the Bajaj family control Bajaj Auto?
Bajaj Holdings and Investment, which holds about 34% of Bajaj Auto, is itself promoted by the family: its promoters include Jamnalal Sons, Bajaj Sevashram, Bajaj Auto and family trusts such as the Rajiv Trust and Sanjiv Trust. Bajaj Holdings has a promoter holding of 51.46%. This cross-holding means the family controls Bajaj Auto without owning most of it directly. 467
Who runs Bajaj Auto?
Rajiv Bajaj is the managing director and holds 0.27% of Bajaj Auto directly. His cousin Sanjiv Bajaj leads the financial-services side of the group, which includes Bajaj Finserv. Our Bajaj Auto company page and Bajaj Finserv page cover the leadership. 48
How has Bajaj Auto’s ownership moved?
| Quarter | Promoters | Foreign institutions | Domestic institutions | Public |
|---|---|---|---|---|
| March 2025 | 55.04% | 11.61% | 10.99% | 22.36% |
| September 2025 | 55.04% | 9.66% | 12.78% | 22.52% |
| December 2025 | 54.99% | 8.84% | 14.07% | 22.10% |
| March 2026 | 55.01% | 8.82% | 14.47% | 21.70% |
The table, from Pocketful, shows foreign institutions selling and domestic institutions buying while the promoter holding stayed near 55%. 5
How much are the holdings worth?
Bajaj Auto’s share price was ₹10,979 on 9 November 2026. At that price, Bajaj Holdings’ 95.5 million shares were worth about ₹1.05 lakh crore and Rajiv Bajaj’s direct 745,001 shares about ₹818 crore, by our arithmetic from the filed share counts. Those figures cover only shares held in the family’s name or its holding companies, and they move daily with the share price. 16
Is Bajaj Auto public or private?
Bajaj Auto is a listed company on the NSE and BSE. The family’s holding of about 55% leaves it comfortably in control, and public shareholders, including retail investors and institutions, hold the remaining 44% or so. 59
What happens next
The next shareholding pattern is due after the December 2026 quarter. For other family-run groups, read who owns the Aditya Birla Group and who owns DMart.
Frequently asked questions
Who is the owner of Bajaj Auto?
Bajaj Auto is controlled by the Bajaj family. The promoter group holds about 56%, mainly through Bajaj Holdings and Investment (34.2%) and Jamnalal Sons (9.3%).
Who runs Bajaj Auto?
Rajiv Bajaj is managing director and holds 0.27% directly. His family entities hold much larger stakes.
What is Bajaj Auto's promoter holding?
Promoters held 55.01% in March 2026, 54.76% in June 2026 and 55.95% in the latest filing, according to Upstox.
How much of Bajaj Auto do institutions own?
Foreign institutions hold 8.87%, other domestic institutions 7.42% and mutual funds 5.89%.
