Bajaj Finance Share Price in Focus; Allocates 1,39,000 NCDs Valued at ₹1,455.40 Crore

Bajaj Finance Limited has announced the allotment of 1,39,000 secured redeemable non-convertible debentures (NCDs) on a private placement basis.  

The total value of this allotment is ₹1,455.40 crore, with each NCD having a face value of ₹1 lakh. 

Details of Bajaj Finance’s NCDs Allotment 

The NCDs have been issued at an issue price of ₹1,04,705.27 per NCD, which includes a discount of ₹1,551.2.  

These debentures are set to be listed on the Wholesale Debt Market Segment of BSE Limited. The ISIN for this issue is INE296A07TN6. 

The tenure of the instrument is 826 residual days, with the date of allotment being June 18, 2026, and the maturity date set for September 21, 2028.  

The coupon rate offered is 7.07% per annum, with the first coupon payment scheduled for September 21, 2026, and annually thereafter. 

Security and Payment Schedule 

The repayment of the debentures, along with interest and other related payments, is secured by a first pari-passu charge on book debts or loan receivables.  

This security cover will not be less than 1.00 times the aggregate outstanding value of the debentures. 

Read More: Tata Capital Share Price in Focus as Board Approves Fundraising of ₹36,000 Crore via NCD Issuance! 

Terms and Conditions 

There are no special rights, interests, or privileges attached to these instruments. Additionally, there has been no delay in payment of interest or principal amount for more than 3 months from the due date, nor any default in payment. 

The debentures are redeemable on maturity, with no letters or comments regarding payment issues reported. 

Bajaj Finance Share Price Performance 

As of June 18, 2026, at 12:15 PM, Bajaj Finance share price on NSE was trading at ₹953.45, down by 0.52% from the previous closing price. 

Conclusion 

Bajaj Finance has allotted 1,39,000 secured redeemable NCDs, valued at ₹1,455.40 crore, with a coupon rate of 7.07% p.a. The debentures are secured by a first pari-passu charge on book debts and are redeemable on maturity. 

Track the stock market in Hindi. Visit Angel One News for the latest market trends, insights, and share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.