Bajaj Housing Finance Ltd Allots Rs 2,034.6788 Crore in Secured NCDs Through Private Placement
Bajaj Housing Finance Ltd has completed the private placement of Secured Redeemable Non-Convertible Debentures (NCDs). The allotment was finalized on June 12, 2026, totaling an issue size of Rs 2,034.6788 crore.The company's Debenture Allotment Committee allotted 2,00,000 NCDs, each with a face value of Rs 1,00,000. The placement involved the issuance of these debentures on a private basis. These instruments are scheduled for listing on the Wholesale Debt Market Segment of BSE Limited.
Key details regarding the allotment and tenure of the instrument are summarized below:
| Particulars | Details |
|---|---|
| Issue Size | Rs 2,034.6788 crore |
| Allotment Date | 12 June 2026 |
| Tenure (Residual) | 1,810 days |
| Maturity Date | 27 May 2031 |
The NCDs are structured with a coupon/interest rate set at 8.25% per annum. The company has scheduled multiple interest payments over the instrument's lifespan. The first interest payment is due on May 27, 2027, followed annually thereafter. The final fifth interest payment and principal repayment are both scheduled for May 27, 2031.
The debentures are secured by a first pari passu charge established over book debts and loan receivables. This security coverage is equivalent to 1.00 times the aggregate outstanding value of the debentures set forth in a General Information Document dated July 2, 2025. The instruments are redeemable on maturity.
BAJAJHFL Stock Price Movement
Shares of Bajaj Housing Finance Limited are edging higher to ₹84.30 as of 2:49 PM today, having gained 1.76% in trading so far this afternoon. The stock has traded in a relatively tight band during the session, with intra-day lows touching near ₹83.35 and peaking at a high of ₹84.40.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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