Description
BSE lists 17,000 units of commercial paper issued by Bajaj Finance Limited on private placement basis, valued at Rs. 5 lakh each, with maturity date of November 6, 2026.
Summary
BSE has listed and admitted new commercial paper securities issued by Bajaj Finance Limited on a private placement basis. The listing consists of 17,000 units with a face value of Rs. 5,00,000 each, totaling Rs. 850 crores. The securities were allotted on November 6, 2025, and will mature on November 6, 2026, with a one-year tenure.
Key Points
- Securities: Commercial Paper issued on private placement basis
- Quantity: 17,000 units
- Face Value: Rs. 5,00,000 per unit
- Issue Price: Rs. 4,68,384 per unit
- Total Issue Size: Rs. 850 crores
- Scrip Code: 730512
- Scrip ID: BFL61125
- ISIN: INE296A14D21
- 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 announced in this circular.
Compliance Requirements
- Trading members must trade these securities only in dematerialized form under ISIN INE296A14D21
- Trading must occur in standard denomination of Rs. 5 lakhs and multiples thereof
- Securities are listed on BSE Debt segment effective November 7, 2025
Important Dates
- Notice Date: November 7, 2025
- Date of Allotment: November 6, 2025
- Listing Date: November 7, 2025
- Redemption Date: November 6, 2026
Impact Assessment
This is a routine debt listing with minimal market impact. The commercial paper issuance is part of Bajaj Finance’s regular short-term funding activities. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate strong creditworthiness. The securities are privately placed and will trade only in the debt segment with institutional participation, limiting retail investor exposure. The discount pricing (issue price of Rs. 4,68,384 against face value of Rs. 5,00,000) implies an effective yield for investors over the one-year tenure.
Impact Justification
Routine listing of commercial paper for corporate treasury operations; minimal market impact as it's a private placement in debt segment