Bajaj Housing Finance Limited has successfully raised ₹1,985.6538 crore through the allotment of 2,00,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis. These NCDs, with a tenure of 1,807 days and a coupon rate of 7.79% p.a., are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The allotment was approved by the Debenture Allotment Committee on September 8, 2026.
Secured NCD Allotment
Bajaj Housing Finance Limited announced the allotment of 2,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total amount raised aggregates to ₹1,985.6538 crore, including discount and accrued interest. This fundraising initiative was approved by the Debenture Allotment Committee of the company on September 8, 2026.
Key Terms of the NCDs
The issued NCDs carry a coupon rate of 7.79% per annum. The tenure of the instrument is 1,807 days, with a residual maturity date set for August 20, 2031. The first interest payment is scheduled for August 20, 2027, with subsequent annual payments thereafter. The principal amount will be repaid along with the final interest payment on August 20, 2031.
Listing and Security Details
These debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The repayment of these NCDs, including interest and other related monies, will be secured by a first pari-passu charge on the company’s book debts and loan receivables. The security cover is equivalent to 1.00 time the aggregate outstanding value of debentures to be issued under the General Information Document dated June 30, 2026.
Source: BSE
