Description
BSE lists new commercial paper worth Rs. 250 crores issued by Bajaj Housing Finance Limited on private placement basis.
Summary
BSE has listed new commercial paper issued by Bajaj Housing Finance Limited worth Rs. 250 crores (5,000 units of Rs. 5 lakh each) on private placement basis. The commercial paper carries CRISIL A1+ and IND A1+ ratings with a tenure of approximately 3 months.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000/- each
- Quantity: 5,000 units (Total value: Rs. 250 crores)
- Scrip Code: 729906
- ISIN: INE377Y14BM0
- Credit Rating: CRISIL A1+, IND A1+
- Issue Price: Rs. 4,92,788 per unit
- Face Value: Rs. 5,00,000 per unit
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading restricted to standard denomination of Rs. 5 lakhs and multiples
- Central Bank of India acts as Issuing and Paying agent
Important Dates
- Allotment Date: July 25, 2025
- Listing Date: July 28, 2025
- Redemption Date: October 24, 2025
- Tenure: Approximately 91 days
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides short-term funding option for Bajaj Housing Finance Limited and investment avenue for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market-wide implications