Bajaj Housing Finance has announced the allotment of Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The Debenture Allotment Committee approved the allotment of 1,00,000 NCDs, with a face value of ₹1,00,000 each, totaling ₹1000.0927 crore. The NCDs, identified by ISIN INE377Y07615, are proposed for listing on the Wholesale Debt Market Segment of BSE Limited.
NCD Allotment Details
On October 13, 2025, the Debenture Allotment Committee of Bajaj Housing Finance Limited approved the allotment of 1,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) through private placement. The total value of the NCDs allotted is ₹1000.0927 crore.
Key Terms of the NCDs
The key details of the NCDs are as follows:
- ISIN: INE377Y07615
- Tenure: 837 days
- Allotment Date: October 13, 2025
- Maturity Date: January 28, 2028
- Coupon/Interest Rate: 6.95% p.a., with the first interest payment due on January 28, 2026, and annually thereafter.
Security and Charge
The debentures, including repayment, interest, and trustee remuneration, will be secured by a first pari-passu charge on the company’s book debts/loan receivables. The security cover will be equivalent to 1.00 time the aggregate outstanding value of the debentures.
Source: BSE