Description
BSE lists ₹700 crore commercial paper issue by Bajaj Housing Finance Limited with CRISIL A1+ rating.
Summary
BSE has listed commercial paper worth ₹700 crores issued by Bajaj Housing Finance Limited on private placement basis. The securities are admitted for trading on BSE Debt segment with effect from August 28, 2025.
Key Points
- Securities: Commercial Paper of ₹5,00,000 face value each
- Quantity: 14,000 units (total value ₹700 crores)
- Issue Price: ₹4,76,503 per unit
- Credit Rating: CRISIL A1+, IND A1+
- Scrip Code: 730094
- ISIN: INE377Y14BS7
- Market Lot: 1 unit
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading only in dematerialized form
- Trading in standard denomination of ₹5 lakhs and multiples thereof
- Tick size of 1 paise applies
- Central Bank of India acts as Issuing and Paying Agent
Important Dates
- Allotment Date: August 26, 2025
- Listing Date: August 28, 2025
- Redemption Date: June 5, 2026
Impact Assessment
Minimal market impact as this is a routine commercial paper listing. Provides additional debt market liquidity and investment options for institutional investors in the housing finance sector.
Impact Justification
Standard commercial paper listing with no broader market implications