Bajaj Housing Finance Allots Secured NCDs Aggregating to Rs 753.2837 Crore
Bajaj Housing Finance Limited announced the allotment of 75,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The allotment was made by the company's Debenture Allotment Committee during a meeting held on August 10, 2026.The total size of the issue stands at Rs 753.2837 crore, which includes accrued interest and discount. These NCDs, each having a face value of Rs 1,00,000, are set to be listed on the Wholesale Debt Market Segment of BSE Limited.
The instrument has a residual tenure of 1,145 days and is scheduled for maturity on September 28, 2029. The NCDs carry a coupon rate of 7.53% per annum. The company detailed the repayment schedule, noting that the first interest payment will be made on September 28, 2026, with subsequent payments due annually until principal repayment on September 28, 2029.
The debentures are secured by a first pari-passu charge over book debts and loan receivables. This security cover must be equivalent to 1.00 time the aggregate outstanding value of the debentures planned under the General Information Document dated June 30, 2026.
Key details regarding the NCD allotment include:
| Particular | Details |
|---|---|
| Date of Allotment | August 10, 2026 |
| Total Issue Size | Rs 753.2837 crore |
| Number of NCDs | 75,000 |
| Face Value per NCD | Rs 1,00,000 |
| Maturity Date | September 28, 2029 |
| Coupon Rate | 7.53% p.a. |
| Security | First pari-passu charge on book debts/loan receivables |
BAJAJHFL Stock Price Movement
As of 11:44 AM, shares of Bajaj Housing Finance Limited are shedding 0.76% in live trading, currently moving at ₹85.14 after falling by ₹0.65 from the previous close. The stock has been volatile today, with intraday trading ranging between a low of ₹84.96 and a high of ₹85.75 amid robust activity.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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