Description
BSE announces listing of Rs. 150 crore commercial paper issue by Bajaj Finance Limited with 44-day maturity period.
Summary
BSE has listed new commercial paper securities issued by Bajaj Finance Limited on private placement basis. The issue comprises 3,000 units of Rs. 5 lakh each, totaling Rs. 150 crore, with a 44-day maturity period from July 28, 2025 to September 10, 2025.
Key Points
- Commercial paper value: Rs. 5,00,000 per unit
- Total quantity: 3,000 units (Rs. 150 crore total)
- Issue price: Rs. 4,96,439 per unit
- Credit rating: CRISIL A1+, ICRA A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
- ISIN: INE296A14B23
- Scrip Code: 729744
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading limited to standard denomination of Rs. 5 lakhs and multiples
- ICICI Bank Limited acts as Issuing and Paying agent
Important Dates
- Allotment date: July 28, 2025
- Trading commencement: July 29, 2025
- Redemption date: September 10, 2025
- Maturity period: 44 days
Impact Assessment
Routine debt instrument listing with minimal market impact. Provides short-term funding avenue for Bajaj Finance Limited and additional investment option for institutional investors in BSE debt segment.
Impact Justification
Routine commercial paper listing with no market impact or regulatory changes