Description

BSE announces listing of two series of Commercial Papers issued by Bajaj Financial Securities Limited on private placement basis, with combined issuance of Rs. 1,700 crores.

Summary

BSE has listed two series of Commercial Papers issued by Bajaj Financial Securities Limited on private placement basis, effective October 13, 2025. Series 1 consists of 2,000 papers worth Rs. 100 crores (scrip code 730246) maturing on December 16, 2025. Series 2 consists of 3,400 papers worth Rs. 170 crores (scrip code 730383) maturing on November 10, 2025. Both series carry CRISIL A1+ and IND A1+ credit ratings.

Key Points

  • Series 1 (BFSL-16-12-25-CP): 2,000 units of Rs. 5 lakh each, total value Rs. 100 crores
  • Series 2 (BFSL-10-11-25-CP): 3,400 units of Rs. 5 lakh each, total value Rs. 170 crores
  • Face value: Rs. 5,00,000 per unit for both series
  • Issue prices: Rs. 4,91,761 (Series 1) and Rs. 4,97,259 (Series 2)
  • Credit rating: CRISIL A1+ and IND A1+ for both series
  • Allotment date: October 10, 2025
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes. This is a standard listing notification for new commercial paper issuances.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Tick size of 1 paise must be observed for all trades
  • Series 1 ISIN INE01C314CT1 represents further listing under the same ISIN

Important Dates

  • Allotment Date: October 10, 2025
  • Listing Date: October 13, 2025
  • Redemption Date (Series 2): November 10, 2025
  • Redemption Date (Series 1): December 16, 2025

Impact Assessment

Minimal market impact. This is a routine administrative listing of short-term commercial paper by Bajaj Financial Securities Limited for working capital and liquidity management. The instruments have short maturity periods (31 days for Series 2 and 67 days for Series 1) and carry high credit ratings (A1+), indicating strong creditworthiness. The listing provides additional short-term debt market instruments for institutional investors but does not signify any material change in market structure or trading operations.

Impact Justification

Routine commercial paper listing for short-term debt instruments with 1-2 month maturity. Standard administrative notice with no regulatory changes or broad market impact.