BAJFINANCEBSEBAJAJ FINANCE LIMITEDMediumNeutral
Announced Thu, 23 Jul · 14:05 IST

Bajaj Finance allots NCDs worth Rs 1,152.64 Cr via private placement

Fund Raising View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-3.9%1-day move
₹1059.20
prior close
₹1048.10
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AI summary

Bajaj Finance allotted 1,14,076 secured redeemable NCDs of Rs 1 lakh face value each, totalling Rs 1,152.64 crore via private placement on 23 July 2026. Coupon is 7.93 percent per annum, paid annually from 12 June 2027. Maturity on 12 June 2029. NCDs will list on BSE Wholesale Debt Market segment. Secured by first pari-passu charge on book debts and loan receivables with 1x security cover.

Likely market impact

Raises Rs 1,152.64 Cr debt capital at 7.93 percent coupon to fund lending growth. No equity dilution, but adds to interest expenses.