Bajaj Housing Finance Allots NCDs Worth ₹2,439 Crore
Bajaj Housing Finance Limited has allotted 2,50,000 NCDs worth ₹2,439.2905 crore on October 7, 2026. The NCDs mature on August 4, 2036, with a coupon rate of 7.87% p.a. They will be listed on BSE's Wholesale Debt Market Segment. Repayment is secured by a charge on book debts.
The issuance of NCDs worth over ₹2,400 crore represents a significant amount of debt fundraising, which will impact the company's capital structure and leverage. However, it is a planned private placement and not an unexpected event.
The announcement is a routine debt fundraising activity and does not contain any information that would significantly impact the company's valuation or future prospects positively or negatively.
Bajaj Housing Finance Limited announced the allotment of 2,50,000 Secured Redeemable Non-Convertible Debentures (NCDs) on a private placement basis. The total issue size amounts to ₹2,439.2905 crore, including discount and accrued interest.
The Debenture Allotment Committee of the company approved this allotment during its meeting held on October 7, 2026. These NCDs have a face value of ₹1,00,000 each.
The NCDs are proposed to be listed on the Wholesale Debt Market Segment of BSE Limited. The instrument has a tenure of 3,589 days (residual) with a maturity date of August 4, 2036. The offered coupon/interest rate is 7.87% per annum, with the first interest payment scheduled for August 4, 2027, and subsequent payments annually thereafter.
The repayment of these debentures and interest thereon will be secured by a first pari-passu charge on book debts/loan receivables, equivalent to 1.00 time the aggregate outstanding value of debentures issued under the General Information Document dated June 30, 2026.
The meeting of the Debenture Allotment Committee commenced at 12:35 p.m. and concluded at 12:50 p.m. on October 7, 2026.
What to do with a filing like this
Bajaj Housing Finance Limited filed this with the NSE as a statutory disclosure, categorised under debt fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Bajaj Housing Finance Limited. Read the original for the full detail.