Bajaj Housing Finance Limited has successfully allotted 50,000 secured redeemable non-convertible debentures (NCDs) worth ₹508.50 crores through private placement. The Debenture Allotment Committee approved this significant fundraising initiative during its meeting held on 12 January 2026, demonstrating the company's continued focus on strengthening its capital base for business expansion.

NCD Allotment Details

The debenture issuance represents a substantial capital raising exercise with specific terms designed to attract institutional investors. The following table outlines the key parameters of the NCD allotment:

Interest Rate and Tenure Structure

The NCDs offer competitive returns with a well-structured payment schedule. The debentures carry an annual coupon rate of 7.10% with a residual tenure of 1008 days, maturing on 16 October 2028. The interest payment schedule follows an annual frequency, providing predictable cash flows for investors.

Security and Listing Arrangements

The NCDs are secured by a first pari-passu charge on the company's book debts and loan receivables, providing additional security to investors. The security cover is maintained at 1.00 times the aggregate outstanding value of debentures issued under the General Information Document dated 2 July 2025. The debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited, ensuring liquidity for investors.

Corporate Governance and Compliance

The allotment process was conducted in full compliance with regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Debenture Allotment Committee meeting commenced at 12:00 noon and concluded at 12:20 p.m. on 12 January 2026, with Company Secretary Atul Patni overseeing the documentation and compliance procedures. This NCD issuance reinforces Bajaj Housing Finance's commitment to maintaining transparent corporate governance practices while accessing capital markets for business growth.

Bajaj Housing Finance shares traded higher at ₹97.26, gaining 0.65% during Monday's trading session following the company's robust Q3FY26 business update. The housing finance company delivered impressive operational performance across key business metrics, demonstrating significant growth in disbursements, assets under management, and profitability.

Market Performance and Trading Activity

The stock opened at ₹97.10 against the previous close of ₹96.62 and touched an intraday high of ₹98.16. Trading activity remained robust with volumes of 63.34 lakh shares and a traded value of ₹61.59 crore. Despite the positive performance, market sentiment showed bearish undertones with 73% sell orders against 27% buy orders.

Strong Q3FY26 Disbursement Performance

The company achieved remarkable growth in its lending operations during Q3FY26. The disbursement performance showcased substantial expansion in business operations.

This substantial year-on-year growth demonstrates the company's enhanced market presence and successful customer acquisition strategies.

Assets Under Management Expansion

Bajaj Housing Finance's AUM performance showcased consistent business expansion. The company's total AUM grew by 23% year-on-year to approximately ₹1,33,400.00 crore as of December 31, 2025, compared with ₹1,08,314.00 crore as of December 31, 2024. On a quarterly basis, AUM increased by around ₹6,652.00 crore during Q3FY26, reflecting the company's ability to maintain strong business momentum.

Stock Performance Across Timeframes

The stock has delivered mixed returns across different investment horizons. Recent performance shows positive momentum in shorter timeframes despite longer-term challenges.

Business Fundamentals and Market Position

The company's loan assets portfolio demonstrated significant expansion during the period. As of December 31, 2025, loan assets stood at approximately ₹1,17,290.00 crore, compared with ₹95,570.00 crore as of December 31, 2024, indicating robust portfolio growth and successful lending operations. The stock trades within a 10% price band, with the upper limit at ₹106.28 and lower limit at ₹86.96, providing defined trading ranges for investors.

The company has cautioned that the reported figures are provisional and subject to review by statutory auditors, maintaining transparency in financial reporting standards.