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

Bajaj Housing Finance

30/04/2025 07:53

MUMBAI, April 30 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bonds worth 10 billion rupees ($117.7 million) for a sale of bonds maturing in one year and 10 months, two merchant bankers said on Wednesday.

The company will pay an annual coupon of 7.14% on this issue and had invited bids from bankers and investors earlier in the day, the bankers said.

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

Here is the list of deals reported so far on April 30:

Issuer
Tenure
Coupon (in %)
Issue size (in bln rupees)*
Bidding date
Rating
Bajaj Housing Finance
1 year and 10 months
7.14
10
May 2
AAA (Crisil)
Godrej Industries
4 years
To be decided
2.50+2.50
May 2
AA+ (Crisil)
Godrej Industries
5 years
To be decided
2.50+2.50
May 2
AA+ (Crisil)
NHPC
15 years
To be decided
15+5
May 2
AAA (Crisil, India Ratings)
HUDCO
5 years
To be decided
5+25
May 2
AAA (Icra, India Ratings)

*Size includes base plus greenshoe for some issues

($1 = 84.9725 Indian rupees)

 (Reporting by Dharamraj Dhutia and Khushi Malhotra
Editing by)

 ((Dharamraj.dhutia@tr.com))