Description

Three series of commercial papers totaling Rs. 825 crore issued by Bajaj Financial Securities Limited listed on BSE Debt segment with maturities ranging from January to March 2026.

Summary

BSE has listed three series of Commercial Papers issued by Bajaj Financial Securities Limited on private placement basis with effect from December 11, 2025. The total issuance comprises 16,800 securities worth Rs. 825 crore with face value of Rs. 5 lakh each. ICICI Bank Limited acts as the Issuing and Paying agent. All securities carry CRISIL A1+ and IND A1+ credit ratings.

Key Points

  • Series 1: 800 CPs (Rs. 40 crore) - Scrip Code 730748, ISIN INE01C314DP7, maturing January 9, 2026
  • Series 2: 1,000 CPs (Rs. 50 crore) - Scrip Code 730749, ISIN INE01C314DO0, maturing January 5, 2026
  • Series 3: 15,000 CPs (Rs. 750 crore) - Scrip Code 730750, ISIN INE01C314DQ5, maturing March 11, 2026
  • Allotment date for all series: December 10, 2025
  • Credit rating: CRISIL A1+ and IND A1+ for all series
  • Issuing and Paying agent: ICICI Bank Limited
  • Trading only in dematerialized form with standard denomination of Rs. 5 lakhs and multiples
  • Tick size: 1 paise

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form under the specified ISIN numbers
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities to be traded on BSE Debt segment only

Important Dates

  • Allotment Date: December 10, 2025
  • Listing Date: December 11, 2025
  • Redemption Dates:
    • Series 2 (BFS101225A): January 5, 2026
    • Series 1 (BFSL101225): January 9, 2026
    • Series 3 (BFS101225): March 11, 2026

Impact Assessment

This is a routine commercial paper listing with minimal market impact. The instruments provide short-term financing options for Bajaj Financial Securities Limited and investment opportunities for debt market participants. The high credit ratings (A1+) indicate strong creditworthiness. Trading is restricted to debt segment with no direct impact on equity markets or retail investors. The relatively short maturity periods (26 to 91 days) classify these as typical money market instruments for institutional participants.

Impact Justification

Routine commercial paper listing for debt market participants. Limited impact on equity markets or broader trading operations.