Bajaj Housing Finance has successfully allotted 50,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis, aggregating to ₹500 crore. The debentures, with a face value of ₹1,00,000 each, were allotted on January 22, 2026, and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The NCDs carry a coupon rate of 7.25% p.a. and will mature on January 22, 2029.
Debenture Allotment Details
Bajaj Housing Finance has completed the allotment of secured redeemable non-convertible debentures (NCDs) through private placement, totaling ₹500 crore. The Debenture Allotment Committee approved the allotment on January 22, 2026. A total of 50,000 NCDs were allotted.
Key Terms of the NCDs
The NCDs have a face value of ₹1,00,000 each and are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The ISIN for the debentures is INE377Y07623.
Interest and Maturity
The debentures carry a coupon interest rate of 7.25% per annum. Interest will be paid annually and upon maturity. The first interest payment is scheduled for January 22, 2027, with subsequent payments on January 22, 2028, and the final payment, including principal repayment, on January 22, 2029. The tenure of the instrument is 1096 days, maturing on January 22, 2029.
Security and Charge
The debentures, along with interest, Trustees’ remuneration, and other related monies, are secured by a first pari-passu charge on book debts/loan receivables. The security cover is equivalent to 1.00 time the aggregate outstanding value of the debentures issued.
Source: BSE
