Description
BSE announces listing of Rs. 150 crore Commercial Paper by Bajaj Finance Limited with 44-day tenor.
Summary
BSE has listed new Commercial Paper issued by Bajaj Finance Limited worth Rs. 150 crores (3,000 units of Rs. 5 lakh each) on private placement basis. The paper carries CRISIL A1+ and ICRA A1+ ratings with 44-day maturity period.
Key Points
- Issue size: Rs. 150 crores (3,000 units of Rs. 5,00,000 each)
- Issue price: Rs. 4,96,439 per unit (discount to face value)
- Credit ratings: CRISIL A1+ and ICRA A1+
- Scrip code: 729744, Scrip ID: BFL26625
- ISIN: INE296A14B23 (further listing under same ISIN)
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- ICICI Bank Limited acts as Issuing and Paying Agent
Important Dates
- Allotment date: July 28, 2025
- Listing date: July 29, 2025
- Redemption date: September 10, 2025
- Tenor: 44 days
Impact Assessment
Routine debt market listing with minimal market impact. Provides short-term funding avenue for Bajaj Finance Limited and investment option for institutional investors in highly-rated commercial paper.
Impact Justification
Routine commercial paper listing with standard terms and no market-wide impact