India New Issue-Bajaj Finance accepts bids for over 3-year bonds, bankers say

Bajaj Finance

29/07/2025 10:28

MUMBAI, July 29 (Reuters) - India's Bajaj Finance BJFN.NS accepts bids worth 10 billion rupees ($115.10 million) for bonds maturing in three years and two months, three bankers said on Tuesday.

The non-banking financial company will pay an annual coupon of 7.07% on this issue and had invited bids from bankers and investors for the issue earlier in the day, they said.

Bajaj Finance did not respond to a Reuters email for comment.

Here is the list of deals reported so far on July 29:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Finance
3 years and 2 months
7.07
10
July 29
AAA (Crisil)
IIFCL
5 years
6.99
15.60
July 29
AAA (Care, India Ratings)
Aseem Infra Finance
1 year and 1 month
To be decided
5
July 30
AA+(Crisil)
Aseem Infra Finance
1 year and 5 months
To be decided
5
July 30
AA+(Crisil)
Aditya Birla Capital
3 years and 2 months
7.2959
5+5
July 30
AAA (Icra, Crisil)
Aditya Birla Capital
5 years
7.4242
1.50+1.50
July 30
AAA (Icra, Crisil)

*Size includes base plus greenshoe for some issues

($1 = 86.8800 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Eileen Soreng)

 ((Dharamraj.dhutia@tr.com))