Description

BSE lists 28,000 new Commercial Papers of Bajaj Finance Limited worth Rs. 5 lakh each, issued on private placement basis with maturity in February 2026.

Summary

BSE has listed new Commercial Papers issued by Bajaj Finance Limited on private placement basis, effective November 20, 2025. The listing comprises 28,000 securities with a face value of Rs. 5,00,000 each, totaling Rs. 1,400 crores. The instruments carry CRISIL A1+ and ICRA A1+ ratings and will mature on February 18, 2026. ICICI Bank Limited acts as the Issuing and Paying Agent.

Key Points

  • Quantity: 28,000 Commercial Papers listed
  • Face Value: Rs. 5,00,000 per security
  • Issue Price: Rs. 4,92,026.50 per security
  • Total Issue Size: Rs. 1,400 crores (approx.)
  • Scrip Code: 730598
  • Scrip ID: BFL181125
  • ISIN: INE296A14D62 (further listing under same ISIN)
  • Credit Rating: CRISIL A1+, ICRA A1+
  • Market Lot: 1 security
  • Tick Size: 1 paise
  • Trading Mode: Dematerialized form only
  • Standard Denomination: Rs. 5 lakhs and multiples thereof

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for debt securities.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under ISIN INE296A14D62
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • All trades subject to BSE Debt segment rules and regulations
  • Contact BSE Debt Department (22728352/8597/8995/5753/8915) for clarifications

Important Dates

  • Notice Date: November 20, 2025
  • Allotment Date: November 19, 2025
  • Listing Date: November 20, 2025
  • Redemption Date: February 18, 2026
  • Tenure: 91 days (approximately 3 months)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing by an established NBFC. The private placement nature and short tenure (91 days) indicate standard treasury operations.

Investor Impact: Limited to institutional investors participating in the private placement. The high credit ratings (A1+) reflect strong creditworthiness.

Liquidity: Trading will occur on BSE Debt segment with standard lot size of Rs. 5 lakhs, providing liquidity for institutional participants.

Operational Impact: No changes to existing trading systems or procedures. Standard debt trading protocols apply.

Impact Justification

Routine listing of commercial paper on private placement basis with standard trading terms, limited market-wide impact