Description

BSE announces listing of four new commercial paper instruments of Bajaj Financial Securities Limited totaling Rs. 750 crores with varying maturity dates ranging from December 2025 to March 2026.

Summary

BSE has listed four new commercial paper instruments issued by Bajaj Financial Securities Limited on private placement basis, effective December 17, 2025. The instruments total Rs. 750 crores (15,000 units of Rs. 5 lakhs each) with maturity periods ranging from 8 days to 91 days. All instruments carry CRISIL A1+ and IND A1+ credit ratings, with ICICI Bank Limited serving as the Issuing and Paying Agent.

Key Points

  • Four commercial paper instruments listed on BSE Debt segment
  • Total issue size: Rs. 750 crores across all four instruments
  • Face value: Rs. 5,00,000 per unit for all instruments
  • Allotment date: December 16, 2025
  • Credit rating: CRISIL A1+ and IND A1+ for all instruments
  • Trading in dematerialized form only
  • Standard denomination: Rs. 5 lakhs and multiples thereof
  • Tick size: 1 paise
  • Issuing and Paying Agent: ICICI Bank Limited

Instrument Details

Instrument 1 (Scrip Code: 730781)

  • ISIN: INE01C314DT9
  • Quantity: 2,000 units (Rs. 100 crores)
  • Issue Price: Rs. 491,957.50
  • Redemption Date: March 16, 2026
  • Tenure: 90 days

Instrument 2 (Scrip Code: 730348)

  • ISIN: INE01C314CY1 (Further listing)
  • Quantity: 1,000 units (Rs. 50 crores)
  • Issue Price: Rs. 499,310.50
  • Redemption Date: December 24, 2025
  • Tenure: 8 days

Instrument 3 (Scrip Code: 730792)

  • ISIN: INE01C314DV5
  • Quantity: 2,000 units (Rs. 100 crores)
  • Issue Price: Rs. 498,137.00
  • Redemption Date: January 6, 2026
  • Tenure: 21 days

Instrument 4 (Scrip Code: 730793)

  • ISIN: INE01C314DU7
  • Quantity: 10,000 units (Rs. 500 crores)
  • Issue Price: Rs. 491,869.50
  • Redemption Date: March 17, 2026
  • Tenure: 91 days

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must trade these securities only in dematerialized form
  • Trading must be conducted in standard denomination of Rs. 5 lakhs and multiples thereof
  • Securities must be traded under the respective ISIN numbers mentioned
  • Market lot size is 1 unit for all instruments

Important Dates

  • Listing Date: December 17, 2025
  • Allotment Date: December 16, 2025
  • Redemption Dates:
    • December 24, 2025 (Scrip Code 730348)
    • January 6, 2026 (Scrip Code 730792)
    • March 16, 2026 (Scrip Code 730781)
    • March 17, 2026 (Scrip Code 730793)

Impact Assessment

Market Impact: Minimal. This is a routine commercial paper listing in the debt segment affecting institutional investors and debt market participants only.

Operational Impact: Trading members can now trade these four commercial paper instruments on the BSE Debt platform. The instruments provide short-term investment opportunities with high credit ratings.

Investor Impact: Limited to debt market participants and institutional investors. The high credit ratings (A1+) indicate low credit risk. The varying maturity profiles (8 to 91 days) offer flexibility for short-term liquidity management.

Liquidity: The largest instrument (Rs. 500 crores) with March 17, 2026 maturity may offer better liquidity compared to smaller issues.

Impact Justification

Routine commercial paper listing announcement affecting debt segment only. Standard private placement with minimal market-wide impact.