Description

BSE announces listing of three new debt securities issued by Bajaj Finance Limited on private placement basis, totaling Rs. 1,875 crore across three tranches with maturities ranging from 2028 to 2035.

Summary

BSE has listed three new debt securities issued by Bajaj Finance Limited on private placement basis, effective October 17, 2025. The securities include three tranches: Rs. 500 crore maturing in 2035 at 7.45% p.a., Rs. 625 crore maturing in 2030 at 7.37% p.a., and Rs. 750 crore maturing in 2028 at 7.07% p.a. All securities are rated AAA by CRISIL and ICRA, trade in dematerialized form with a tick size of 1 paise, and have a face value of Rs. 1,00,000 per unit.

Key Points

  • Three debt securities of Bajaj Finance Limited listed on BSE Debt segment effective October 17, 2025
  • Total quantity: 50,000 units (2035 maturity), 62,500 units (2030 maturity), 75,000 units (2028 maturity)
  • All securities issued on private placement basis with allotment dates of October 15, 2025
  • Credit ratings: CRISIL AAA/Stable and ICRA AAA/Stable for all three tranches
  • Market lot size: 1 unit for all securities
  • Trading only in dematerialized form under respective ISIN numbers
  • Tick size: 1 paise for all securities

Security Details

Tranche 1 (15-Year Maturity)

  • Scrip Code: 977219 | Scrip ID: 745BFL35
  • ISIN: INE296A07TR7
  • Quantity: 50,000 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 1,00,000 (at par)
  • Interest Rate: 7.45% p.a. (annual payment)
  • Redemption Date: October 15, 2035
  • Interest Payment Dates: Annually from October 15, 2026 to October 15, 2035

Tranche 2 (5-Year Maturity)

  • Scrip Code: 977157 | Scrip ID: 737BFL30
  • ISIN: INE296A07TQ9 (Further listing under same ISIN)
  • Quantity: 62,500 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 1,00,781.70 (at premium)
  • Interest Rate: 7.37% p.a. (annual payment)
  • Redemption Date: September 27, 2030
  • Interest Payment Dates: Annually from September 27, 2026 to September 27, 2030

Tranche 3 (3-Year Maturity)

  • Scrip Code: 976971 | Scrip ID: 707BFL28
  • ISIN: INE296A07TN6 (Further listing under same ISIN)
  • Quantity: 75,000 units
  • Face Value: Rs. 1,00,000
  • Issue Price: Rs. 1,01,319.50 (at premium)
  • Interest Rate: 7.07% p.a. (annual payment)
  • Redemption Date: September 21, 2028
  • Interest Payment Dates: Annually from September 21, 2026 to September 21, 2028

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for new debt securities.

Compliance Requirements

  • Trading members must note that securities will trade only in dematerialized form
  • Securities to be traded under the specified ISIN numbers
  • Tick size of 1 paise must be observed for all transactions
  • Trading members requiring clarification should contact BSE debt department at 22728352/8597/8995/5753/8915
  • Further details available in the Placement Memorandum at https://www.bseindia.com/markets/debt/memorandum_data.aspx

Important Dates

  • Allotment Date: October 15, 2025 (all three tranches)
  • Listing Date: October 17, 2025 (effective date)
  • First Interest Payment: September 21, 2026 (Tranche 3), September 27, 2026 (Tranche 2), October 15, 2026 (Tranche 1)
  • Redemption Dates:
    • September 21, 2028 (Tranche 3)
    • September 27, 2030 (Tranche 2)
    • October 15, 2035 (Tranche 1)

Impact Assessment

Market Impact: Low. This is a routine debt security listing that affects only the BSE debt segment. The addition of high-quality AAA-rated securities provides more investment options for debt market participants but has no direct impact on equity markets or broader market operations.

Investor Impact: Positive for debt investors seeking AAA-rated corporate bonds with varying maturities (3, 5, and 15 years) and competitive interest rates (7.07% to 7.45%). The securities offer diversification across different maturity profiles.

Operational Impact: Minimal. Standard listing procedures apply with dematerialized trading requirements already in place for debt securities on BSE.

Impact Justification

Routine debt security listing announcement affecting only debt segment investors; no impact on equity markets or broader trading operations