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Bajaj Housing Finance Allots Rs. 3,002.6837 Crore Secured Redeemable NCDs at 8.68% Coupon for 10-Year Tenure

3,00,000 NCDs issued on November 4, 2026, to be listed on BSE Wholesale Debt Market Segment with annual interest payments until maturity on November 4, 2036

Bajaj Housing Finance Limited has allotted 3,00,000 secured redeemable non-convertible debentures valuing Rs. 3,002.6837 crore through private placement. The 10-year NCDs carry an annual coupon rate of 8.68% with interest paid annually and are to be listed on BSE's Wholesale Debt Market Segment.

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Bajaj Housing Finance LimitedBAJAJHFLPreferential Issue

Bajaj Housing Finance Limited

Preferential Issue

Bajaj Housing Finance Limited has issued 3,00,000 secured redeemable non-convertible debentures (NCDs) valued at Rs. 3,002.6837 crore on November 4, 2026, through private placement, with the debentures scheduled to mature in 10 years.

The NCDs were allotted at a face value of Rs. 1,00,000 each, including premium, aggregating to Rs. 3,002.6837 crore in total.

These debentures carry an annual coupon rate of 8.68% per annum, with interest to be paid annually starting November 4, 2027, and the principal and final coupon payment due on November 4, 2036.

The issued debentures will be listed on the Wholesale Debt Market Segment of BSE Limited.

Security for the debentures is provided by a first pari-passu charge on book debts and loan receivables, maintaining a security cover equal to the outstanding value of the debentures as detailed in the company’s General Information Document dated June 30, 2026.

There are no special rights or privileges attached to these instruments, and there have been no defaults or delays in payment relating to interest or principal on these debentures.

Highlights

  • Issued 3,00,000 secured redeemable NCDs at Rs. 1,00,000 face value each, totaling Rs. 3,002.6837 crore.
  • Coupon rate set at 8.68% per annum, payable annually and at maturity.
  • Tenure of the debentures is 3,653 days (approximately 10 years) with maturity on November 4, 2036.
  • Debentures proposed to be listed on BSE’s Wholesale Debt Market Segment.
  • Security through first pari-passu charge on book debts and loan receivables.
  • No defaults or delays reported in payments related to these debentures.

Key Data Snapshot

Number of NCDs allotted3,00,000
Face value per NCDRs. 1,00,000
Total issue sizeRs. 3,002.6837 crore
Coupon rate8.68% p.a.
Coupon payment frequencyAnnually and on maturity
Tenure of debentures3,653 days
Date of allotment4 November 2026
Date of maturity4 November 2036
Listing platformWholesale Debt Market Segment of BSE Limited
ISININE377Y07706

What happened

  • Bajaj Housing Finance allotted 3,00,000 secured redeemable non-convertible debentures on private placement basis.
  • The total amount raised through this allotment is Rs. 3,002.6837 crore including premium.
  • The debentures are scheduled to mature on 4 November 2036, ten years from the allotment date.
  • Interest is payable annually at a coupon rate of 8.68%, with the principal repaid upon maturity.

Key details

  • Debentures have a tenure of 3,653 days starting from 4 November 2026.
  • Interest payments are scheduled annually, starting 4 November 2027 until 4 November 2035, with the final payment due at maturity in 2036.
  • The debentures are backed by a first pari-passu charge on book debts and loan receivables, maintaining security cover equivalent to the outstanding debentures.
  • These debentures will be listed on the Wholesale Debt Market Segment of BSE Limited for trading.

Regulatory and governance context

  • Allotment approved by the Debenture Allotment Committee on 4 November 2026.
  • Disclosure made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • No defaults or delays in payment of coupon or principal reported as of the allotment date.

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Bajaj Housing Finance Allots Rs. 3,002.6837 Crore | Stockk News