Description
BSE announces listing of 6000 Commercial Papers issued by Bajaj Finance Limited on private placement basis, worth Rs. 5 lakhs each, with maturity date of December 30, 2025.
Summary
BSE has listed new Commercial Papers issued by Bajaj Finance Limited on private placement basis effective October 28, 2025. The listing comprises 6000 Commercial Papers of face value Rs. 5,00,000 each on the BSE Debt segment. The securities carry CRISIL A1+ and ICRA A1+ credit ratings and will mature on December 30, 2025. ICICI Bank Limited serves as the Issuing and Paying Agent.
Key Points
- Security Type: Commercial Paper issued on private placement basis
- Quantity: 6000 units
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,94,537
- Total Issue Size: Rs. 300 crores
- Scrip Code: 730425
- Scrip ID: BFL201025
- ISIN: INE296A14C97 (Further listing under same ISIN)
- Credit Rating: CRISIL A1+, ICRA A1+
- Market Lot: 1
- Trading Mode: Dematerialised form only
- Tick Size: 1 paise
- Issuing and Paying Agent: ICICI Bank Limited
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification for new debt securities.
Compliance Requirements
- Trading members must trade these securities only in dematerialised form under ISIN INE296A14C97
- Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- All trades must comply with BSE Debt segment regulations
- Trading members requiring clarification should contact BSE debt department on 22728352/8597/8995/5753/8915
Important Dates
- Notice Date: October 28, 2025
- Allotment Date: October 27, 2025
- Listing Date: October 28, 2025
- Redemption Date: December 30, 2025
- Tenure: 64 days (approximately 2 months)
Impact Assessment
Market Impact: Minimal. This is a routine short-term debt instrument listing by a highly-rated financial services company. The 2-month commercial paper is a standard treasury operation for Bajaj Finance Limited to manage short-term funding requirements.
Operational Impact: Limited to debt market trading members who will have access to trade these securities on the BSE Debt platform. The high credit ratings (A1+ from both CRISIL and ICRA) indicate minimal credit risk.
Investor Impact: Relevant for institutional investors and debt market participants seeking short-term investment opportunities in high-quality commercial paper with approximately 2% discount to face value over 64 days.
Impact Justification
Routine commercial paper listing with short 2-month tenure; operational notice for debt market participants with no broader market impact