Description
BSE announces listing of Rs. 1000 crore Commercial Paper by Bajaj Housing Finance Limited with 3-month tenure and CRISIL A1+ rating.
Summary
BSE has listed new Commercial Paper issued by Bajaj Housing Finance Limited on private placement basis. The instrument worth Rs. 1000 crores (20,000 units of Rs. 5 lakh each) will trade on BSE Debt segment with CRISIL A1+ and IND A1+ credit ratings.
Key Points
- Securities: Commercial Paper of Rs. 5,00,000 each (20,000 units)
- Total Issue Size: Rs. 1000 crores
- Scrip Code: 729994, Scrip ID: BHFL8825
- ISIN: INE377Y14BO6
- Issue Price: Rs. 4,92,812.50 per unit
- Credit Rating: CRISIL A1+, IND A1+
- Trading in dematerialized form only
- Standard denomination: Rs. 5 lakhs and multiples
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must trade securities only in dematerialized form
- Trading in standard denomination of Rs. 5 lakhs and multiples thereof
- Central Bank of India acts as Issuing and Paying agent
Important Dates
- Date of Allotment: August 8, 2025
- Trading Commencement: August 8, 2025
- Date of Redemption: November 7, 2025
- Tenure: 91 days (3 months)
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. The instrument provides short-term funding option for Bajaj Housing Finance Limited and investment opportunity for institutional investors in the debt segment.
Impact Justification
Routine commercial paper listing with no market disruption impact