Allotment of 50000 NCDs worth Rs 495.53 crore on private placement

Fund Raising View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹82.71

prior close

₹82.84

announcement price

In-mkt

timing

Nifty Midcap 150market+1.5%+2.1% vs market

Housing Finance Company peers, median of 16sector+0.8%+2.8% vs sector

On the reaction day the stock moved 2.1 pts more than Nifty Midcap 150 and 2.8 pts more than its Housing Finance Company peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+3.6+1.5+2.1+0.8+2.8

Next day

+1.5+1.1+0.4+1.4+0.1

+0.5+1.0-0.5+1.1-0.7

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+0.4-0.4+0.8-1.5+1.9

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15d

-1.7-4.2+2.5-5.9+4.2

+0.5-4.7+5.2-7.1+7.6

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UpDownMarket · Nifty Midcap 150Sector · Housing Finance Company peers, median of 16Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bajaj Housing Finance has allotted 50,000 secured redeemable NCDs on private placement basis, aggregating Rs 495.53 crore. The NCDs carry a coupon of 7.87 percent per annum with annual interest payments, and have a residual tenure of 3,608 days maturing on 4 August 2036. They will be listed on the wholesale debt market segment of BSE and are secured by a first pari-passu charge on book debts and loan receivables.

Likely market impact

Routine debt raise of nearly Rs 496 crore via private placement; supports business growth at current market borrowing cost of 7.87 percent.