Description

BSE announces listing of Rs. 250 crore Commercial Paper issued by Bajaj Housing Finance Limited with 3-month tenure.

Summary

BSE has listed new Commercial Paper worth Rs. 250 crore issued by Bajaj Housing Finance Limited on private placement basis, effective August 1, 2025. The instrument carries CRISIL A1+ and IND A1+ credit ratings with a 3-month maturity period.

Key Points

  • 5,000 Commercial Paper units of Rs. 5 lakh each totaling Rs. 250 crore
  • Issue price: Rs. 4,92,752 per unit (face value Rs. 5,00,000)
  • Credit rating: CRISIL A1+ and IND A1+
  • Scrip Code: 729948, ISIN: INE377Y14BN8
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples
  • Tick size: 1 paise
  • Central Bank of India as Issuing and Paying Agent

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
  • Must use specified ISIN number for all transactions

Important Dates

  • Allotment Date: July 31, 2025
  • Listing Date: August 1, 2025
  • Redemption Date: October 30, 2025
  • Maturity Period: 3 months

Impact Assessment

Minimal market impact as this is a routine short-term debt instrument listing. The commercial paper provides Bajaj Housing Finance Limited with short-term funding at competitive rates given the high credit ratings. No significant impact on broader debt market operations expected.

Impact Justification

Routine commercial paper listing with no market-wide implications