Bajaj Finance Secures ₹1,555 Crore Through Non-Convertible Debentures

1 min read     Updated on 29 Sept 2025, 12:15 PM
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Ashish ThakurScanX News Team
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Overview

Bajaj Finance has successfully raised ₹1,555 crore by allotting secured non-convertible debentures (NCDs) via private placement. The company issued 1,55,500 NCDs with a face value of ₹1 lakh each, carrying a coupon rate of 7.37% per annum. The NCDs have a tenure of 5 years, maturing on September 27, 2030. Interest will be paid annually, with the first payment due on September 27, 2026. The debentures are secured by a first pari-passu charge on Bajaj Finance's book debts and loan receivables, with a minimum security cover of 1.00 times the outstanding value.

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*this image is generated using AI for illustrative purposes only.

Bajaj Finance , a leading financial services company in India, has successfully raised ₹1,555 crore through the allotment of secured non-convertible debentures (NCDs) via private placement. This strategic move bolsters the company's capital position and supports its ongoing operations.

Key Details of the NCD Issuance

The Debenture Allotment Committee of Bajaj Finance approved the allotment on September 29, 2025. Here are the essential details of the NCD issuance:

Particulars Details
Issue Size ₹1,555 crore
Number of NCDs 1,55,500
Face Value per NCD ₹1 lakh
Tenure 1,824 days (5 years)
Coupon Rate 7.37% per annum
Allotment Date September 29, 2025
Maturity Date September 27, 2030
Listing Proposed on the Wholesale Debt Market Segment of BSE Limited
ISIN INE296A07TQ9

Coupon Payment Schedule

The interest on these NCDs will be paid annually, with the first coupon payment scheduled for September 27, 2026. Subsequent payments will follow annually and on the maturity date.

Security and Repayment

To secure the debentures, Bajaj Finance has created a first pari-passu charge on its book debts and loan receivables. The company has committed to maintaining a security cover of not less than 1.00 times the aggregate outstanding value of the debentures issued under this placement.

Implications for Bajaj Finance

This successful fundraising exercise demonstrates Bajaj Finance's strong market position and investor confidence. The additional capital is expected to support the company's lending operations, potentially facilitating business expansion and strengthening its financial position in the competitive Indian financial services sector.

The ability to raise substantial funds through NCDs at a competitive interest rate of 7.37% per annum reflects positively on Bajaj Finance's credit worthiness and market reputation. This capital infusion is likely to provide the company with increased flexibility in managing its assets and liabilities, potentially leading to improved operational efficiency and growth opportunities.

As Bajaj Finance continues to navigate the dynamic financial landscape, this strategic debt issuance underscores its proactive approach to capital management and its commitment to maintaining a robust financial foundation for sustainable growth.

Historical Stock Returns for Bajaj Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+1.77%+7.65%+18.64%+39.84%+205.16%
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Bajaj Finance Executes Block Trade Worth Rs. 132.63 Crores on NSE

1 min read     Updated on 25 Sept 2025, 01:13 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Bajaj Finance conducted a significant block trade on the National Stock Exchange (NSE), involving 1,295,297 shares at Rs. 1,023.90 per share. The transaction totaled Rs. 132.63 crores, attracting attention from market observers and investors. While the reasons for the trade remain undisclosed, such large-scale transactions can potentially impact stock prices and may indicate moves by institutional investors or major shareholders.

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*this image is generated using AI for illustrative purposes only.

Bajaj Finance , a leading financial services company in India, recently made headlines with a significant block trade on the National Stock Exchange (NSE). The transaction, involving a substantial number of shares, has caught the attention of market observers and investors alike.

Block Trade Details

The block trade executed by Bajaj Finance comprised approximately 1,295,297 shares, which were traded at a price of Rs. 1,023.90 per share. This large-scale transaction resulted in a total value of Rs. 132.63 crores, highlighting the magnitude of the trade.

Market Implications

Block trades of this size often attract attention in the financial markets as they can potentially impact stock prices and indicate significant moves by institutional investors or large shareholders. While the exact reasons behind this particular block trade remain undisclosed, such transactions can sometimes signal changes in institutional holdings or strategic moves by major investors.

Company Overview

Bajaj Finance is a prominent player in the Indian financial services sector, offering a wide range of products including consumer finance, SME lending, and wealth management services. The company has been known for its strong market position and innovative financial solutions.

Investor Considerations

Investors and market analysts may be closely watching Bajaj Finance's stock performance following this substantial block trade. It's important to note that block trades don't necessarily indicate a change in the company's fundamentals or future prospects.

As always, investors are advised to conduct their own research and consider multiple factors when making investment decisions. The impact of this block trade on Bajaj Finance's stock price and overall market sentiment will be observed in the coming trading sessions.

Historical Stock Returns for Bajaj Finance

1 Day5 Days1 Month6 Months1 Year5 Years
+0.76%+1.77%+7.65%+18.64%+39.84%+205.16%
Bajaj Finance
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