Bajaj Housing Finance Ltd Allots Secured NCDs Worth Rs 1,991.8320 Crore
Bajaj Housing Finance Ltd has announced the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) totaling Rs 1,991.8320 crore on a private placement basis. The debenture allotment was completed by the company's Debenture Allotment Committee on June 5, 2026.The issuance involves 2,00,000 NCDs, each with a face value of Rs 1,00,000, aggregating to the total size mentioned above (including discount and accrued interest). The debentures are proposed for listing on the Wholesale Debt Market Segment of BSE Limited.
The instruments have an ISIN of INE377Y07649 and carry a residual tenure of 1078 days. The maturity date for these NCDs is set for May 18, 2029.
Key details regarding the debenture allotment are summarized below:
| Particular | Detail |
|---|---|
| Issue Size | Rs 1,991.8320 crore |
| Listing Status | Proposed for listing on BSE Limited (Wholesale Debt Market Segment) |
| Tenure/Maturity Date | 1078 days / May 18, 2029 |
| Coupon Rate | 7.83% per annum |
The NCDs are secured by a first pari-passu charge on the company's book debts and loan receivables. This security coverage is stipulated to be equivalent to 1.00 times the aggregate outstanding value of the debentures issued.
The repayment schedule for these instruments includes the first interest payment on May 18, 2027, the second interest payment on May 18, 2028, and the third interest payment coupled with principal repayment on May 18, 2029.
BAJAJHFL Stock Price Movement
As of 1:03 PM, Bajaj Housing Finance Limited shares are edging higher to ₹84.46 as they gain 1.25%, climbing by ₹1.04 during active trading. The equity sees strong intraday demand, with the stock currently consolidating volume at 4.46 million shares.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.