Description
BSE lists Rs. 1,000 crore Commercial Paper issue by Bajaj Housing Finance Limited with 3-month maturity and CRISIL A1+ rating.
Summary
BSE has listed new Commercial Paper securities issued by Bajaj Housing Finance Limited on private placement basis. The issue comprises 20,000 units of Rs. 5 lakh each, totaling Rs. 1,000 crore, with a 3-month maturity period.
Key Points
- Commercial Paper issue of Rs. 1,000 crore (20,000 units × Rs. 5 lakh each)
- Issue price: Rs. 4,92,812.50 per unit (face value Rs. 5 lakh)
- Credit rating: CRISIL A1+ and IND A1+
- Scrip Code: 729994, ISIN: INE377Y14BO6
- Central Bank of India acts as Issuing and Paying agent
- Trading only in dematerialized form
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Securities must be traded only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
- Market lot size: 1 unit
Important Dates
- Allotment Date: August 8, 2025
- Listing Date: August 8, 2025
- Redemption Date: November 7, 2025
- Maturity Period: 3 months (91 days)
Impact Assessment
Routine debt market listing with minimal market impact. The Commercial Paper provides short-term funding avenue for Bajaj Housing Finance Limited and offers investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with standard terms and conditions