Description
BSE announces listing of Rs. 250 crore commercial paper issued by Bajaj Housing Finance Limited with maturity on October 30, 2025.
Summary
BSE has listed new commercial paper securities of Bajaj Housing Finance Limited (BHFL) worth Rs. 250 crores on its debt segment effective August 1, 2025. The commercial paper was issued on private placement basis with face value of Rs. 5 lakhs each and will mature on October 30, 2025.
Key Points
- Commercial paper of Rs. 5,00,000 face value each, total 5000 units
- Issue price: Rs. 4,92,752 per unit (discount to face value)
- Credit rating: CRISIL A1+ and IND A1+
- Scrip code: 729948, ISIN: INE377Y14BN8
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes announced.
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
- Listing date: August 1, 2025
- Allotment date: July 31, 2025
- Redemption date: October 30, 2025
- Duration: ~3 months
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The short-term debt instrument provides additional funding avenue for Bajaj Housing Finance Limited and expands debt market offerings on BSE.
Impact Justification
Routine commercial paper listing with no material market impact