Description

Bajaj Finance Limited's new debt securities worth Rs. 183.5 crores (1,835 securities of Rs. 1 lakh each) with 7.37% interest rate listed on BSE Debt segment, maturing on September 27, 2030.

Summary

BSE has listed new debt securities issued by Bajaj Finance Limited on a private placement basis, effective November 13, 2025. The securities comprise 1,835 bonds with a face value of Rs. 1,00,000 each, carrying an interest rate of 7.37% per annum and maturing on September 27, 2030. The securities are rated CRISIL AAA/Stable and ICRA AAA/Stable, indicating the highest credit quality.

Key Points

  • Issuer: Bajaj Finance Limited
  • Quantity: 1,835 securities (total value Rs. 183.5 crores)
  • Scrip Code: 977157
  • Scrip ID: 737BFL30
  • ISIN: INE296A07TQ9 (further listing under same ISIN)
  • Face Value: Rs. 1,00,000 per security
  • Issue Price: Rs. 1,01,324.20 (at premium)
  • Coupon Rate: 7.37% per annum
  • Credit Rating: CRISIL AAA/Stable, ICRA AAA/Stable
  • Allotment Date: November 12, 2025
  • Market Lot: 1 security
  • Trading Mode: Dematerialized form only
  • Tick Size: 1 paise

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for debt securities issued on private placement basis.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE296A07TQ9
  • Members should refer to the Placement Memorandum available at https://www.bseindia.com/markets/debt/memorandum_data.aspx for complete details
  • For clarifications, trading members may contact BSE debt department at 22728352/8597/8995/5753/8915

Important Dates

  • Allotment Date: November 12, 2025
  • Listing Date: November 13, 2025
  • Interest Payment Dates: Annually on September 27 from 2026 to 2030
    • First payment: September 27, 2026
    • Subsequent payments: September 27, 2027, 2028, 2029, 2030
  • Maturity/Redemption Date: September 27, 2030
  • Put/Call Option: Not Applicable

Impact Assessment

Market Impact: Minimal. This is a routine debt security listing that affects only the debt market segment. The securities were issued on private placement basis and do not involve public offering.

Trading Impact: Limited to debt market participants and institutional investors. The high face value (Rs. 1 lakh per security) and market lot of 1 indicates these are institutional-grade instruments.

Credit Quality: The AAA rating from both CRISIL and ICRA indicates highest safety and lowest credit risk, making these attractive to conservative debt investors.

Investor Impact: Provides institutional and high net worth investors with a highly-rated debt instrument offering 7.37% annual returns over a ~5-year tenure.

Impact Justification

Routine listing of debt securities on private placement basis with no impact on equity trading or broader market operations