Description
BSE announces listing of 5000 Commercial Papers worth Rs. 5 lakhs each issued by Bajaj Housing Finance Limited on private placement basis with redemption date of 28 January 2026.
Summary
BSE has listed new Commercial Paper securities issued by Bajaj Housing Finance Limited on private placement basis. The listing comprises 5000 units of Commercial Paper with a face value of Rs. 5,00,000 each, totaling Rs. 250 crores. The securities are rated CRISIL A1+ and IND A1+, with allotment date of 29 October 2025 and redemption scheduled for 28 January 2026. Central Bank of India acts as the Issuing and Paying Agent.
Key Points
- Total quantity: 5000 Commercial Papers
- Face value per unit: Rs. 5,00,000
- Issue price: Rs. 4,92,510 (discount of Rs. 7,490 per unit)
- Market lot: 1 unit
- Scrip Code: 730463
- Scrip ID: BHFL291025
- ISIN: INE377Y14BU3
- Credit rating: CRISIL A1+ and IND A1+
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- Tick size: 1 paise
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE377Y14BU3
- Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities will be traded on BSE Debt segment
- Tick size of 1 paise must be observed
Important Dates
- Notice date: 30 October 2025
- Deemed date of allotment: 29 October 2025
- Listing effective date: 30 October 2025
- Date of redemption: 28 January 2026
- Tenure: 91 days (approximately 3 months)
Impact Assessment
This is a routine listing with minimal market impact. The Commercial Paper issuance provides Bajaj Housing Finance Limited with short-term funding at competitive rates, as indicated by the A1+ rating. The listing affects primarily institutional investors and debt market participants who trade in short-term debt instruments. The high credit rating and short tenure make this a low-risk investment option for money market participants. Trading members requiring clarification can contact BSE debt department at specified contact numbers.
Impact Justification
Routine commercial paper listing with standard terms, affecting only debt market participants trading in BHFL securities