#1105

Niraj Bajaj

India 71 years old

Overview

Source of Wealth
Diversified
Industry
Diversified
Residence
Mumbai
Education
Harvard Business School (Master of Business Administration)
Marital Status
Married
Children
2

Assets

  • Bajaj Auto
    9,740,000 shares @ -
    -
    532977-IN
  • Bajaj Electricals
    12,120,000 shares @ -
    -
    500031-IN
  • Bajaj Finance
    33,290,000 shares @ -
    -
    500034-IN
  • Bajaj Finserv
    59,000,000 shares @ -
    -
    532978-IN
  • Bajaj Holdings & Investment Ltd.
    9,826,000 shares @ -
    -
    500490-IN
  • Bajel Projects
    12,030,000 shares @ -
    -
    544042-IN
  • Hercules Hoists
    3,722,000 shares @ -
    -
    505720-IN
  • INDEF Manufacturing
    3,722,000 shares @ -
    -
    544364-IN
  • Mukand
    18,760,000 shares @ -
    -
    500460-IN

Biography

Niraj Bajaj hails from the storied clan behind the nearly century-old Bajaj Group in India.

The group was chaired by his late cousin Rahul Bajaj, who died in 2022 at age 83.

The group is best known for motorcycle maker Bajaj Auto and financial services arm Bajaj Finserv.

Niraj Bajaj, a Harvard Business School grad, is chairman of Bajaj Auto, vice chairman of Bajaj Holdings and Investment and runs steel company Mukand as chairman and managing director.

In 2025, the family agreed to buy out Germant giant Allianz's stake In their two insurance joint ventures for $2.8 billion.

About

Bajaj was a three-time national table tennis champion.

His son Nirav, a Harvard Business School grad, also works in the group.