Description

BSE lists 6000 units of Commercial Paper issued by Bajaj Finance Limited on private placement basis, with face value of Rs. 5 lakhs each, maturing on December 30, 2025.

Summary

BSE has listed new Commercial Paper securities issued by Bajaj Finance Limited on a private placement basis. The listing comprises 6,000 units with a face value of Rs. 5,00,000 each, admitted to trading on the BSE Debt segment effective October 28, 2025. The securities carry dual credit ratings of CRISIL A1+ and ICRA A1+, with ICICI Bank Limited acting as the Issuing and Paying Agent.

Key Points

  • Issuer: Bajaj Finance Limited
  • Security Type: Commercial Paper (Private Placement)
  • Quantity: 6,000 units
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,94,537 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
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN number
  • Trading shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities to be traded exclusively on the BSE Debt segment

Important Dates

  • 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 listing of short-term debt instruments that adds to the existing pool of Commercial Paper available for trading on BSE’s debt segment.

Operational Impact: Limited to debt market participants and trading members dealing in Commercial Paper. The listing provides an additional investment option for institutional investors seeking high-rated short-term debt instruments.

Liquidity Consideration: Trading in standard lots of Rs. 5 lakhs targets institutional investors rather than retail participants. The high credit ratings (A1+ from both CRISIL and ICRA) indicate strong credit quality and low default risk.

Impact Justification

Routine debt instrument listing with no market-wide implications. Impacts only debt market participants trading commercial paper of Bajaj Finance.