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

Bajaj Housing Finance

12/09/2025 07:53

MUMBAI, Sept 12 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 10 billion rupees ($113.27 million) for bonds maturing in three years and one month, two merchant bankers said on Friday.

The company will pay a coupon of 7.10%, and had invited bids from bankers and investors earlier in the day, the bankers said.

Bajaj Housing Finance did not immediately reply to a Reuters email seeking comment.

Here is the list of deals reported so far on September 12:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Finance
3 years and 1 month
7.10
10
September 12
AAA(Crisil)
Tata Capital Jul 2028 reissue
2 year and 10 months
To be decided
3+4
September 12
AAA (Icra, Crisil)
Tata Capital
Apr 2030 reissue
4 year and 7 months
7.30 (yield)
1+4
September 12
AAA (Icra, Crisil)

*Size includes base plus greenshoe for some issues

($1 = 88.2840 Indian rupees)

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

 ((Khushi.malhotra@tr.com, Dharamraj.dhutia@tr.com))