Bajaj Housing Finance has allotted 50,000 secured redeemable non-convertible debentures (NCDs), with a face value of ₹1,00,000 each, aggregating to ₹504.4835 crore on a private placement basis. The debentures, with ISIN INE377Y07607, have a residual tenure of 1068 days and will mature on October 16, 2028. The coupon rate offered is 7.10% p.a., with interest payable annually.
NCD Allotment Details
On November 13, 2025, Bajaj Housing Finance’s Debenture Allotment Committee approved the allotment of 50,000 secured redeemable non-convertible debentures (NCDs). The total value of the allotment is ₹504.4835 crore and was conducted via private placement.
Key Terms of the NCDs
The NCDs have been assigned ISIN INE377Y07607 and are a re-issue. The residual tenure of the instrument is 1068 days, with a maturity date of October 16, 2028. The coupon rate is set at 7.10% per annum.
Payment Schedule and Security
Interest payments will be made annually, with the first interest payment scheduled for October 16, 2025. The debentures, interest, and trustee remuneration are secured by a first pari-passu charge on book debts/loan receivables, maintaining a security cover equivalent to 1.00 time the outstanding debenture value.
Listing Information
The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited.
Source: BSE
