Announced Fri, 17 Apr · 13:17 IST
Bajaj Housing Finance allots NCDs worth Rs 1,008 cr via private placement
Fund Raising View source PDF
BAJAJHFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.1%1-day move
₹89.17
prior close
₹90.49
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.0+0.2+0.4+0.1+2.3+2.7+1.0+0.5+0.4-3.1-5.6-3.9-3.2
Up moveDown movePending
AI summary
Bajaj Housing Finance has allotted 1,00,000 secured redeemable non-convertible debentures (NCDs) of face value Rs 1,00,000 each, aggregating to Rs 1,008.33 crore on a private placement basis. The NCDs carry a coupon of 7.25% p.a., with annual interest payments starting 22 January 2027, and mature on 22 January 2029. The debentures are secured by a first pari-passu charge on book debts/loan receivables and will be listed on the BSE Wholesale Debt Market.
Likely market impact
Routine debt raising at a moderate coupon; strengthens lending capacity with no dilution for equity shareholders.