StockWatch
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Housing Finance Company
Loan & Debt8 Sept 2026, 01:05 pm

Bajaj Housing Finance Allots ₹1,985 Cr NCDs on Private Placement

AI Summary

Bajaj Housing Finance Ltd announced the allotment of 2,00,000 Secured Redeemable Non-Convertible Debentures (NCDs) with a face value of ₹1,00,000 each, aggregating to ₹1,985.6538 crore on a private placement basis. The NCDs carry a coupon rate of 7.79% per annum and have a tenure of 1,807 days (residual), with maturity on August 20, 2031. The issue is secured by a first pari-passu charge on book debts/loan receivables and is proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The allotment was made by the Debenture Allotment Committee on September 8, 2026.

Key Highlights

  • Allotted NCDs worth ₹1,985.6538 crore on private placement.
  • NCDs carry a coupon rate of 7.79% p.a. with maturity in August 2031.
  • Secured by a first pari-passu charge on book debts/loan receivables.
  • Proposed to be listed on BSE Wholesale Debt Market Segment.