Description
BSE announces the listing of three series of commercial paper issued by Bajaj Financial Securities Limited aggregating to 16,800 instruments worth Rs. 840 crores on private placement basis.
Summary
BSE has listed three series of commercial paper issued by Bajaj Financial Securities Limited on the BSE Debt segment effective December 11, 2025. The instruments were allotted on December 10, 2025, and have maturities ranging from 26 days to 91 days. All three series carry CRISIL A1+ and IND A1+ credit ratings, with ICICI Bank Limited acting as the Issuing and Paying Agent.
Key Points
- Three series of commercial paper listed with face value of Rs. 5,00,000 each
- Series 1: 800 instruments maturing January 9, 2026 (ISIN: INE01C314DP7, Scrip Code: 730748)
- Series 2: 1,000 instruments maturing January 5, 2026 (ISIN: INE01C314DO0, Scrip Code: 730749)
- Series 3: 15,000 instruments maturing March 11, 2026 (ISIN: INE01C314DQ5, Scrip Code: 730750)
- Total issue size: 16,800 instruments aggregating Rs. 840 crores
- Credit rating: CRISIL A1+ and IND A1+
- Trading only in dematerialized form
- Standard denomination: Rs. 5 lakhs and multiples thereof
- 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 shall take place in standard denomination of Rs. 5 lakhs and multiples thereof
- Members requiring clarification should contact the debt department at specified phone numbers (22728352/8597/8995/5753/8915)
Important Dates
- Allotment Date: December 10, 2025
- Listing Date: December 11, 2025
- Redemption Dates:
- Series 1 (730748): January 9, 2026
- Series 2 (730749): January 5, 2026
- Series 3 (730750): March 11, 2026
Impact Assessment
This is a routine debt market listing with minimal market impact. The commercial paper issuance provides short-term funding to Bajaj Financial Securities Limited and offers institutional investors a highly-rated money market instrument. The listing does not affect equity markets or retail investors, as commercial papers are typically subscribed by institutional investors. The high credit rating (A1+) reflects strong creditworthiness and low default risk.
Impact Justification
Routine listing of commercial paper on private placement basis with no impact on equity trading or retail investors