Description

BSE announces listing of Commercial Paper worth Rs. 200 crores issued by Bajaj Finance Limited on private placement basis, effective October 24, 2025.

Summary

BSE has listed new Commercial Paper issued by Bajaj Finance Limited on private placement basis. The issue comprises 4,000 units of Rs. 5,00,000 each (total Rs. 200 crores) with maturity of approximately 2 months. The instruments are rated CRISIL A1+ and ICRA A1+, indicating highest safety for short-term debt. ICICI Bank Limited acts as the Issuing and Paying Agent.

Key Points

  • Issuer: Bajaj Finance Limited
  • Instrument Type: Commercial Paper (Private Placement)
  • Quantity: 4,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Total Issue Size: Rs. 200 crores
  • Issue Price: Rs. 4,94,199.50 per unit
  • Scrip Code: 730425
  • Scrip ID: BFL201025
  • ISIN: INE296A14C97 (Further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 unit
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE296A14C97
  • Trading shall be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Market lot is 1 unit with tick size of 1 paise
  • Queries may be directed to BSE Debt Department at 22728352/8597/8995/5753/8915

Important Dates

  • Listing Date: October 24, 2025
  • Allotment Date: October 23, 2025
  • Redemption Date: December 30, 2025
  • Tenure: Approximately 68 days

Impact Assessment

Market Impact: Minimal. This is a routine short-term debt instrument listing by a leading NBFC for working capital requirements. Commercial paper listings do not affect equity markets or broader market operations.

Investor Impact: Low. Limited to institutional investors participating in debt markets. The high credit ratings (A1+) indicate strong creditworthiness and low default risk.

Operational Impact: None. Standard debt segment trading procedures apply with no changes to existing trading infrastructure or member obligations.

Impact Justification

Routine commercial paper listing by large NBFC for short-term funding; no impact on equity markets or broader trading operations