Description

Bajaj Finance Limited has listed new Commercial Papers worth Rs. 25 crore (500 units of Rs. 5 lakh each) on BSE Debt segment with maturity of 12 months.

Summary

Bajaj Finance Limited has listed new Commercial Papers on private placement basis on the BSE Debt segment effective November 13, 2025. The issue comprises 500 securities of face value Rs. 5,00,000 each, totaling Rs. 25 crore. The papers are rated CRISIL A1+ and ICRA A1+, with a 12-month maturity period.

Key Points

  • Issue Size: 500 Commercial Papers of Rs. 5 lakh each (total Rs. 25 crore)
  • Scrip Code: 730557
  • Scrip ID: BFL121125
  • ISIN: INE296A14D39
  • Credit Rating: CRISIL A1+ and ICRA A1+
  • Face Value: Rs. 5,00,000 per unit
  • Issue Price: Rs. 4,68,384 per unit (discount of Rs. 31,616)
  • Market Lot: 1 unit
  • Trading Mode: Dematerialised form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof
  • Tick Size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Regulatory Changes

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

Compliance Requirements

  • Trading members must trade these securities only in dematerialised form under ISIN INE296A14D39
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Members must use the designated scrip code 730557 and scrip ID BFL121125 for transactions
  • Tick size of 1 paise must be maintained for all trades

Important Dates

  • Notice Date: November 13, 2025
  • Listing Date: November 13, 2025 (effective from today)
  • Allotment Date: November 12, 2025
  • Redemption Date: November 12, 2026 (12-month maturity)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing by Bajaj Finance Limited, a well-established non-banking financial company. The issue size of Rs. 25 crore is relatively small for a company of this scale.

Operational Impact: Limited to debt market participants and institutional investors dealing in commercial papers. The high credit ratings (CRISIL A1+ and ICRA A1+) indicate minimal credit risk.

Investor Impact: Provides short-term investment opportunity for debt market participants seeking highly-rated commercial papers with 12-month maturity. The discount of approximately 6.3% (Rs. 31,616 on Rs. 5 lakh face value) represents the effective yield for investors.

Impact Justification

Routine commercial paper listing by established NBFC with high credit ratings. No significant market impact beyond normal debt instrument trading.