India New Issue-Bajaj Finance accepts bids for bond issue, bankers say

Bajaj Finance

26/09/2025 10:31

MUMBAI, Sept 26 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 15.55 billion rupees ($175.29 million) for bonds maturing in five years, three bankers said on Friday.

The company will pay an annual coupon of 7.37% and had invited coupon and commitment bids for the issue earlier in the day, they said.

The company did not immediately respond to a Reuters email seeking comment.

  Here is the list of deals reported so far on September 26:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Finance
5 years
7.37
15.55
September 26
AAA (Crisil)
DLF Cyber City Developers
3 years
6.91 (quarterly)
11
September 29
AAA (Crisil, Icra)
Arugn Technologies
15 months
To be decided
1.55
September 29
B+ (Icra)
Arugn Technologies
4 years
4.45
September 29
B+ (Icra)
LIC Housing Aug 2028 reissue
2 years and 11 months
6.90 (yield)
11+9
September 29
AAA (Crisil, Care)
Axis Finance
2 years and 1 month
7.22
3.5+3.5
September 29
AAA ( Care)

*Size includes base plus greenshoe for some issues

($1 = 88.7100 Indian rupees)

 (Reporting by Dharamraj Dhutia)

 ((Dharamraj.dhutia@tr.com))