Bajaj Housing Finance has announced the allotment of 50,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis, aggregating to ₹508.4980 crore. Each NCD has a face value of ₹1,00,000. The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The maturity date is October 16, 2028, with a coupon rate of 7.10% p.a.
NCD Allotment Details
Bajaj Housing Finance has allotted 50,000 Secured Redeemable Non-Convertible Debentures (NCDs) through private placement, with the allotment finalized on January 12, 2026. The total value of these NCDs amounts to ₹508.4980 crore.
Key Terms of the NCDs
Here’s a breakdown of the NCD offering:
- Issue Size: ₹508.4980 crore
- Listing: Proposed on the Wholesale Debt Market Segment of BSE Limited
- ISIN: INE377Y07607 (Re-issue)
- Tenure: 1008 days (Residual)
- Allotment Date: January 12, 2026
- Maturity Date: October 16, 2028
- Coupon Rate: 7.10% p.a.
Coupon Payment Schedule
Interest payments will be made annually, with the first interest payment due on October 16, 2025. Subsequent interest payments will follow annually. Principal repayment is scheduled for October 16, 2028.
Security and Charge
The NCDs and related dues will be secured by a first pari-passu charge on book debts/loan receivables, ensuring a security cover equivalent to 1.00 time the outstanding debenture value. This is based on the General Information Document dated July 2, 2025.
Source: BSE
