Bajaj Housing Finance has allotted 1,00,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis, aggregating to ₹1000.0861 crore. Each NCD has a face value of ₹1,00,000. The debentures, bearing ISIN INE377Y07607, are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The allotment date is September 16, 2025, with a maturity date of October 16, 2028.
NCD Allotment Details
Bajaj Housing Finance has successfully allotted 1,00,000 secured redeemable non-convertible debentures (NCDs) with a face value of ₹1,00,000 each, totaling ₹1000.0861 crore. This allotment was executed on a private placement basis, as confirmed on September 16, 2025. The ISIN for these debentures is INE377Y07607.
Listing and Market Segment
The company intends to list the debentures on the Wholesale Debt Market Segment of the BSE Limited, enhancing their accessibility and tradability for investors.
Key Dates and Coupon Rate
The NCDs were allotted on September 16, 2025, and they will mature on October 16, 2028. The coupon/interest rate offered is 7.10% per annum. The first interest payment is scheduled for October 16, 2025, with subsequent payments occurring annually thereafter.
Payment Schedule
The payment schedule for coupon/interest and principal is as follows:
- 1st interest payment: October 16, 2025
- 2nd interest payment: October 16, 2026
- 3rd interest payment: October 16, 2027
- 4th interest payment & principal repayment: October 16, 2028
Security and Charge
The debentures’ repayment, along with interest and trustee remuneration, is 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 issued debentures.
Source: BSE
