Bajaj Finserv
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July 9 (Reuters) - Kapture CX:
KAPTURE CX SECURES $10 MN PRE-SERIES B FUNDING LED BY BAJAJ FINSERV VENTURES TO SCALE AGENTIC ENTERPRISE STACK
KAPTURE CX - ROUND WAS LED BY BAJAJ FINSERV VENTURES (BFSV), PART OF BAJAJ FINSERV
Source text: ID:nPn73stcKa
Further company coverage: BJFS.NS
(([email protected];))
July 9 (Reuters) - Kapture CX:
KAPTURE CX SECURES $10 MN PRE-SERIES B FUNDING LED BY BAJAJ FINSERV VENTURES TO SCALE AGENTIC ENTERPRISE STACK
KAPTURE CX - ROUND WAS LED BY BAJAJ FINSERV VENTURES (BFSV), PART OF BAJAJ FINSERV
Source text: ID:nPn73stcKa
Further company coverage: BJFS.NS
(([email protected];))
MUMBAI, July 6 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepts bids worth 15 billion rupees ($157.17 million) for the sale of bonds maturing in three years and three months, three bankers said on Monday.
It will pay a coupon of 7.53%, and had invited commitment bids for the issue earlier in the day, they said.
Bajaj Housing did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 6:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years and 3 months | 7.53 | 15 | July 6 | AAA (Crisil) |
L&T Finance Jun 2031 reissue | 5 years | 7.98 (yield) | 5 | July 6 | AAA (Crisil, Care) |
L&T Finance | 3 years and 3 months | 7.85 | 5 | July 6 | AAA (Crisil, Care) |
Tata Capital Jun 2027 reissue | 2 years and 11 months | 7.78 (yield) | 7.50+2.50 | July 6 | AAA (Crisil, Icra |
Tata Capital | 5 years | 7.88 | 17.50+10 | July 6 | AAA (Crisil, Icra |
*Size includes base plus greenshoe for some issues
($1 = 95.4400 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra)
MUMBAI, July 6 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepts bids worth 15 billion rupees ($157.17 million) for the sale of bonds maturing in three years and three months, three bankers said on Monday.
It will pay a coupon of 7.53%, and had invited commitment bids for the issue earlier in the day, they said.
Bajaj Housing did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 6:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years and 3 months | 7.53 | 15 | July 6 | AAA (Crisil) |
L&T Finance Jun 2031 reissue | 5 years | 7.98 (yield) | 5 | July 6 | AAA (Crisil, Care) |
L&T Finance | 3 years and 3 months | 7.85 | 5 | July 6 | AAA (Crisil, Care) |
Tata Capital Jun 2027 reissue | 2 years and 11 months | 7.78 (yield) | 7.50+2.50 | July 6 | AAA (Crisil, Icra |
Tata Capital | 5 years | 7.88 | 17.50+10 | July 6 | AAA (Crisil, Icra |
*Size includes base plus greenshoe for some issues
($1 = 95.4400 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra)
MUMBAI, July 3 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth an aggregate 53.05 billion rupees ($556.66 million) for bonds maturing in three years and three months, and in 10 years, three bankers said on Friday.
The company will pay a coupon of 7.70% and 7.79% on these issues, and had invited bids earlier in the day, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on July 3:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 3 months | 7.70 | 40 | July 3 | AAA (Crisil) |
Bajaj Finance | 10 years | 7.79 | 13.05 | July 3 | AAA (Crisil) |
NABARD | 3 years and 5 months | 7.16 | 80 | July 3 | AAA (Icra, Crisil) |
IIFCL | 4 years and 11 months | 7.25 | 18.48 | July 3 | AAA (Care, Icra) |
AB Capital | 9 years and 10 months | 8.2484 (yield) | 5.57 | July 3 | AAA (Crisil) |
NTPC Green Energy | 10 years | To be decided | 5+20 | July 7 | AAA (Crisil) |
Poonawalla Fincorp | 2 years and 4 months | 8.0568 | 5 | July 2 | AAA (Crisil) |
Sammaan Capital | 14 months | 8.03 | 8 | July 2 | AA+ (Crisil, Icra) |
Sammaan Capital | 20 months | 8.43 | 6 | July 2 | AA+ (Crisil, Icra) |
3 years and 1 month | 7.81 | 6 | July 2 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 95.2100 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, July 3 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth an aggregate 53.05 billion rupees ($556.66 million) for bonds maturing in three years and three months, and in 10 years, three bankers said on Friday.
The company will pay a coupon of 7.70% and 7.79% on these issues, and had invited bids earlier in the day, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on July 3:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 3 months | 7.70 | 40 | July 3 | AAA (Crisil) |
Bajaj Finance | 10 years | 7.79 | 13.05 | July 3 | AAA (Crisil) |
NABARD | 3 years and 5 months | 7.16 | 80 | July 3 | AAA (Icra, Crisil) |
IIFCL | 4 years and 11 months | 7.25 | 18.48 | July 3 | AAA (Care, Icra) |
AB Capital | 9 years and 10 months | 8.2484 (yield) | 5.57 | July 3 | AAA (Crisil) |
NTPC Green Energy | 10 years | To be decided | 5+20 | July 7 | AAA (Crisil) |
Poonawalla Fincorp | 2 years and 4 months | 8.0568 | 5 | July 2 | AAA (Crisil) |
Sammaan Capital | 14 months | 8.03 | 8 | July 2 | AA+ (Crisil, Icra) |
Sammaan Capital | 20 months | 8.43 | 6 | July 2 | AA+ (Crisil, Icra) |
3 years and 1 month | 7.81 | 6 | July 2 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 95.2100 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, July 2 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 70 billion rupees ($735.51 million), including a greenshoe option of 55 billion rupees, through the sale of bonds maturing in three years and three months, and 10 years, three bankers said on Thursday.
It has invited coupon and commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on July 2:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 3 months | To be decided | 10+30 | July 3 | AAA (Crisil) |
Bajaj Finance | 10 years | To be decided | 5+25 | July 3 | AAA (Crisil, Icra) |
IIFCL | 4 years and 11 months | To be decided | 5+15 | July 3 | AAA (Care, Icra) |
Aditya Birla Capital Apr 2036 reissue | 9 years and 10 months | To be decided | 2+4 | July 3 | AAA (Crisil) |
NIIF Infra Finance | 5 years and 5 months | 7.80 | 6.85 | July 1 | AAA (Icra) |
NIIF Infra Finance | 9 years and 11 months | 7.95 | 3 | July 1 | AAA (Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.1725 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra)
MUMBAI, July 2 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 70 billion rupees ($735.51 million), including a greenshoe option of 55 billion rupees, through the sale of bonds maturing in three years and three months, and 10 years, three bankers said on Thursday.
It has invited coupon and commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on July 2:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 3 months | To be decided | 10+30 | July 3 | AAA (Crisil) |
Bajaj Finance | 10 years | To be decided | 5+25 | July 3 | AAA (Crisil, Icra) |
IIFCL | 4 years and 11 months | To be decided | 5+15 | July 3 | AAA (Care, Icra) |
Aditya Birla Capital Apr 2036 reissue | 9 years and 10 months | To be decided | 2+4 | July 3 | AAA (Crisil) |
NIIF Infra Finance | 5 years and 5 months | 7.80 | 6.85 | July 1 | AAA (Icra) |
NIIF Infra Finance | 9 years and 11 months | 7.95 | 3 | July 1 | AAA (Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.1725 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra)
MUMBAI, July 1 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepts bids worth 25 billion rupees ($263.63 million) in a sale of bonds maturing in four years, three bankers said on Wednesday.
It will pay a coupon of 7.64%, and had invited commitment bids for the issue on Tuesday, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 1:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 4 years | 7.64 | 25 | June 30 | AAA (Crisil) |
* Size includes base plus greenshoe for some issues
($1 = 94.8300 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra)
MUMBAI, July 1 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepts bids worth 25 billion rupees ($263.63 million) in a sale of bonds maturing in four years, three bankers said on Wednesday.
It will pay a coupon of 7.64%, and had invited commitment bids for the issue on Tuesday, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on July 1:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 4 years | 7.64 | 25 | June 30 | AAA (Crisil) |
* Size includes base plus greenshoe for some issues
($1 = 94.8300 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra)
MUMBAI, June 29 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise up to 25 billion rupees ($264.91 million), including a greenshoe option of 20 billion rupees, by selling bonds maturing in four years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 29:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 4 years | To be decided | 5+20 | June 30 | AAA (Crisil) |
Sundaram Finance Aug 2028 reissue | 2 years and 1 month | 7.6987 (yield) |
7.5 | June 29 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 94.3700 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Eileen Soreng)
MUMBAI, June 29 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise up to 25 billion rupees ($264.91 million), including a greenshoe option of 20 billion rupees, by selling bonds maturing in four years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 29:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 4 years | To be decided | 5+20 | June 30 | AAA (Crisil) |
Sundaram Finance Aug 2028 reissue | 2 years and 1 month | 7.6987 (yield) |
7.5 | June 29 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 94.3700 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Eileen Soreng)
MUMBAI, June 22 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 20 billion rupees ($211.24 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in five years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 22:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 5 years | To be decided | 10+10 | June 23 | AAA (Crisil) |
LIC Housing Finance | 3 years and 5 months | To be decided | 10+25 | June 23 | AAA (Crisil, Care) |
India Infradebt | 5 years and 6 months | 7.92 | 11.15 | June 22 | AAA (Icra, Crisil) |
Godrej Industries | 5 years and 3 months | 8.23 | 5 | June 22 | AA+ (Crisil, Icra) |
Godrej Industries | 5 years and 6 months | 8.23 | 5 | June 22 | AA+ (Crisil, Icra) |
Embassy Office Parks REIT | 3 years | 7.49 (payable quarterly) | 7 | June 22 | AAA (Crisil, Care) |
IREDA | 3 years and six days | 7.34 | 15 | June 22 | AAA (Icra, India ratings) |
*Size includes base plus greenshoe for some issues
($1 = 94.6800 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, June 22 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 20 billion rupees ($211.24 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in five years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 22:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 5 years | To be decided | 10+10 | June 23 | AAA (Crisil) |
LIC Housing Finance | 3 years and 5 months | To be decided | 10+25 | June 23 | AAA (Crisil, Care) |
India Infradebt | 5 years and 6 months | 7.92 | 11.15 | June 22 | AAA (Icra, Crisil) |
Godrej Industries | 5 years and 3 months | 8.23 | 5 | June 22 | AA+ (Crisil, Icra) |
Godrej Industries | 5 years and 6 months | 8.23 | 5 | June 22 | AA+ (Crisil, Icra) |
Embassy Office Parks REIT | 3 years | 7.49 (payable quarterly) | 7 | June 22 | AAA (Crisil, Care) |
IREDA | 3 years and six days | 7.34 | 15 | June 22 | AAA (Icra, India ratings) |
*Size includes base plus greenshoe for some issues
($1 = 94.6800 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, June 17 (Reuters) - India's Bajaj Finance BJFN.NS accepted bids worth 13.90 billion rupees ($147.28 million) for the reissue of 7.07% September 2028 bonds, three bankers said on Wednesday.
It will offer a yield of 7.80% and had invited 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 June 17:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance September Reissue | 2 years and 3 months | 7.80 (yield) | 13.90 | June 17 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 94.3775 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, June 17 (Reuters) - India's Bajaj Finance BJFN.NS accepted bids worth 13.90 billion rupees ($147.28 million) for the reissue of 7.07% September 2028 bonds, three bankers said on Wednesday.
It will offer a yield of 7.80% and had invited 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 June 17:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance September Reissue | 2 years and 3 months | 7.80 (yield) | 13.90 | June 17 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 94.3775 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)
MUMBAI, June 12 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids up to 20 billion rupees ($210.3 million) for the reissue of 8.25% May 2031 bonds, three bankers said on Friday.
It will pay a coupon of 7.95% and had invited commitment bids for the issue on Thursday, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 12:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance 8.25% bond reissue | 5 years | 7.95 | 20 | June 12 | AAA (Crisil) |
NaBFID | 3 years and 1 month | 7.37 | 25 | June 12 | AAA (Crisil, Icra) |
NaBFID | 10 years | 7.66 | 25 | June 12 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.1225 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
MUMBAI, June 12 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids up to 20 billion rupees ($210.3 million) for the reissue of 8.25% May 2031 bonds, three bankers said on Friday.
It will pay a coupon of 7.95% and had invited commitment bids for the issue on Thursday, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on June 12:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance 8.25% bond reissue | 5 years | 7.95 | 20 | June 12 | AAA (Crisil) |
NaBFID | 3 years and 1 month | 7.37 | 25 | June 12 | AAA (Crisil, Icra) |
NaBFID | 10 years | 7.66 | 25 | June 12 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.1225 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
June 9 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
BAJAJ FINSERV - RAJIV BAJAJ EXPRESSED HIS INTENTION TO STEP DOWN FROM BOARD
BAJAJ FINSERV - HE WILL CEASE TO BE A DIRECTOR OF COMPANY UPON RETIREMENT BY ROTATION AT SAID AGM
BAJAJ FINSERV - RAJIV BAJAJ TO STEP DOWN AS NON-EXECUTIVE DIRECTOR
Source text: ID:nNSEbhKWML
Further company coverage: BJFS.NS
(([email protected];;))
June 9 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
BAJAJ FINSERV - RAJIV BAJAJ EXPRESSED HIS INTENTION TO STEP DOWN FROM BOARD
BAJAJ FINSERV - HE WILL CEASE TO BE A DIRECTOR OF COMPANY UPON RETIREMENT BY ROTATION AT SAID AGM
BAJAJ FINSERV - RAJIV BAJAJ TO STEP DOWN AS NON-EXECUTIVE DIRECTOR
Source text: ID:nNSEbhKWML
Further company coverage: BJFS.NS
(([email protected];;))
MUMBAI, June 4 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 20 billion rupees ($208.8 million) for the reissue of 7.83% May 2029 bonds, three bankers said on Thursday.
It will offer a yield of 8.15%, and had invited 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 June 4:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance 7.83% May 2029 bond | 2 years and 11 months | 8.15 (yield) | 20 | June 4 | AAA (Crisil) |
PNB Housing Finance | 5 years | 8.35 | 4+1 | June 5 | AAA(Care, India Ratings) |
REC | 2 years 8 months and 18 days | To be decided | 5+25 | June 8 | AAA (Care, Crisil, Icra |
*Size includes base plus greenshoe for some issues
($1 = 95.7650 Indian rupees)
(Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Varun H K)
MUMBAI, June 4 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 20 billion rupees ($208.8 million) for the reissue of 7.83% May 2029 bonds, three bankers said on Thursday.
It will offer a yield of 8.15%, and had invited 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 June 4:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance 7.83% May 2029 bond | 2 years and 11 months | 8.15 (yield) | 20 | June 4 | AAA (Crisil) |
PNB Housing Finance | 5 years | 8.35 | 4+1 | June 5 | AAA(Care, India Ratings) |
REC | 2 years 8 months and 18 days | To be decided | 5+25 | June 8 | AAA (Care, Crisil, Icra |
*Size includes base plus greenshoe for some issues
($1 = 95.7650 Indian rupees)
(Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Varun H K)
MUMBAI, May 26 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 20 billion Indian rupees ($209.03 million) for bonds maturing in five years, three bankers said on Tuesday.
It will pay an annual coupon of 8.25% and had invited bids for the issue earlier in the day, they said.
Bajaj Housing Finance did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 26:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 5 years | 8.25 | 20 | May 26 | AAA (Crisil) |
NHPC STRPP | 6 to 15 years | 7.67 | 20 | May 26 | AAA (Care, India Ratings) |
360 One Prime | 2 years and 2 months | To be decided | 11.50+3.5 | May 27 | AA (Icra) |
Cholamandalam Investment | 2 years and 9 months | 91-day treasury bill linked | 50 | May 25 | AA+ (Icra, Care) |
* Size includes base plus greenshoe for some issues
*Size includes base plus greenshoe for some issues
($1 = 95.6800 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Ronojoy Mazumdar)
MUMBAI, May 26 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 20 billion Indian rupees ($209.03 million) for bonds maturing in five years, three bankers said on Tuesday.
It will pay an annual coupon of 8.25% and had invited bids for the issue earlier in the day, they said.
Bajaj Housing Finance did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 26:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 5 years | 8.25 | 20 | May 26 | AAA (Crisil) |
NHPC STRPP | 6 to 15 years | 7.67 | 20 | May 26 | AAA (Care, India Ratings) |
360 One Prime | 2 years and 2 months | To be decided | 11.50+3.5 | May 27 | AA (Icra) |
Cholamandalam Investment | 2 years and 9 months | 91-day treasury bill linked | 50 | May 25 | AA+ (Icra, Care) |
* Size includes base plus greenshoe for some issues
*Size includes base plus greenshoe for some issues
($1 = 95.6800 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Ronojoy Mazumdar)
MUMBAI, May 19 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 10.25 billion rupees ($106.18 million) for bonds maturing in 10 years, three bankers said on Tuesday.
It will pay an annual coupon of 8.08% on this issue, and had invited bids earlier in the day, they said.
The bonds will have a put option after three years.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 19:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 10 years | 8.08 | 10.25 | May 19 | AAA (Crisil) |
NIIF Infra Finance 7.88% Aug 2031 reissue | 5 years and 3 months | To be decided | 4+6 | May 20 | AAA (Icra) |
Cholamandalam Investment | 3 years | 8.35 (yield) | 3.65+6.35 | May 20 | AA+ (Icra, Care) |
ICICI Home Finance | 3 years | 7.25 (initial, reset quarterly) | 5.5+1 | May 20 | AAA (Icra) |
Tata Capital | 2 years and 9 months | 7.42 (initial, reset quarterly) | 27.50+12.50 | May 20 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 96.5325 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Eileen Soreng)
MUMBAI, May 19 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 10.25 billion rupees ($106.18 million) for bonds maturing in 10 years, three bankers said on Tuesday.
It will pay an annual coupon of 8.08% on this issue, and had invited bids earlier in the day, they said.
The bonds will have a put option after three years.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 19:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 10 years | 8.08 | 10.25 | May 19 | AAA (Crisil) |
NIIF Infra Finance 7.88% Aug 2031 reissue | 5 years and 3 months | To be decided | 4+6 | May 20 | AAA (Icra) |
Cholamandalam Investment | 3 years | 8.35 (yield) | 3.65+6.35 | May 20 | AA+ (Icra, Care) |
ICICI Home Finance | 3 years | 7.25 (initial, reset quarterly) | 5.5+1 | May 20 | AAA (Icra) |
Tata Capital | 2 years and 9 months | 7.42 (initial, reset quarterly) | 27.50+12.50 | May 20 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 96.5325 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Eileen Soreng)
MUMBAI, May 18 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 30 billion rupees ($311.34 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said, adding that the bond will have a put option after three years.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 18:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 10 years (put option after 3 years) | To be decided | 20+10 | May 19 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 96.3575 Indian rupees)
(Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Nivedita Bhattacharjee)
MUMBAI, May 18 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise up to 30 billion rupees ($311.34 million), including a greenshoe option of 10 billion rupees, through the sale of bonds maturing in 10 years, three bankers said on Monday.
It has invited coupon and commitment bids for the issue on Tuesday, they said, adding that the bond will have a put option after three years.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 18:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 10 years (put option after 3 years) | To be decided | 20+10 | May 19 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 96.3575 Indian rupees)
(Reporting by Dharamraj Dhutia, Khushi Malhotra; Editing by Nivedita Bhattacharjee)
MUMBAI, May 15 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 5 billion rupees ($52.1 million) in a sale of bonds maturing in three years, three bankers said on Friday.
The non-bank lender will pay a coupon of 7.83% and had invited commitment bids for the issue earlier in the day, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 15:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years | 7.83 | 5 | May 15 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 95.9650 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
MUMBAI, May 15 (Reuters) - India's Bajaj Housing Finance BAJO.NS accepted bids worth 5 billion rupees ($52.1 million) in a sale of bonds maturing in three years, three bankers said on Friday.
The non-bank lender will pay a coupon of 7.83% and had invited commitment bids for the issue earlier in the day, they said.
The company did not respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 15:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years | 7.83 | 5 | May 15 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 95.9650 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
MUMBAI, May 14 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise up to 10 billion rupees ($104.3 million), including a greenshoe option of 5 billion rupees, through the sale of bonds maturing in three years, three bankers said on Thursday.
The non-bank lender has invited coupon and commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 14:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years | To be decided | 5+5 | May 15 | AAA (Crisil) |
Tata Capital Housing Finance | 3 years | 7.85 | 5.75 | May 13 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.8700 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
MUMBAI, May 14 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise up to 10 billion rupees ($104.3 million), including a greenshoe option of 5 billion rupees, through the sale of bonds maturing in three years, three bankers said on Thursday.
The non-bank lender has invited coupon and commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 14:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years | To be decided | 5+5 | May 15 | AAA (Crisil) |
Tata Capital Housing Finance | 3 years | 7.85 | 5.75 | May 13 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 95.8700 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
MUMBAI, May 12 (Reuters) - India's Bajaj Finance BJFN.NS accepts bids worth an aggregate of 28.92 billion rupees ($302.8 million) for sale of bonds maturing in five years and for the reissue of April 2029 bonds, three bankers said on Tuesday.
The non-bank lender will pay a coupon of 8% on the fresh issue and a yield of 7.95% on the reissue, and had invited commitment bids on Monday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 12:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance April 2029 reissue | 2 years and 11 months | 7.95 | 10.70 | May 11 | AAA (Crisil) |
Bajaj Finance | 5 years | 8 | 18.22 | May 11 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 95.5075 Indian rupees)
(Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
MUMBAI, May 12 (Reuters) - India's Bajaj Finance BJFN.NS accepts bids worth an aggregate of 28.92 billion rupees ($302.8 million) for sale of bonds maturing in five years and for the reissue of April 2029 bonds, three bankers said on Tuesday.
The non-bank lender will pay a coupon of 8% on the fresh issue and a yield of 7.95% on the reissue, and had invited commitment bids on Monday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on May 12:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance April 2029 reissue | 2 years and 11 months | 7.95 | 10.70 | May 11 | AAA (Crisil) |
Bajaj Finance | 5 years | 8 | 18.22 | May 11 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 95.5075 Indian rupees)
(Reporting by Khushi Malhotra and Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
April 30 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
Q4 CONSOL NET PROFIT 25.39 BILLION RUPEES
Q4 CONSOL TOTAL REVENUE FROM OPERATIONS 384.94 BILLION RUPEES
DECLARES DIVIDEND OF 1.50 RUPEES PER SHARE
Further company coverage: BJFS.NS
(([email protected];;))
April 30 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
Q4 CONSOL NET PROFIT 25.39 BILLION RUPEES
Q4 CONSOL TOTAL REVENUE FROM OPERATIONS 384.94 BILLION RUPEES
DECLARES DIVIDEND OF 1.50 RUPEES PER SHARE
Further company coverage: BJFS.NS
(([email protected];;))
BENGALURU, April 29 (Reuters) - Diary of India economic, corporate events on April 29
ECONOMIC, CORPORATE .BSE500 EVENTS:
Start Date | Start Time | RIC | Company Name | Event Name |
29-Apr-2026 | NTS | ADAN.NS | Adani Power Ltd | Q4 2026 Adani Power Ltd Earnings Release |
29-Apr-2026 | NTS | BJFN.NS | Bajaj Finance Ltd | Q4 2026 Bajaj Finance Ltd Earnings Release |
29-Apr-2026 | NTS | CEMI.NS | Cemindia Projects Ltd | Q4 2026 Cemindia Projects Ltd Earnings Release |
29-Apr-2026 | NTS | FED.NS | Federal Bank Ltd | Q4 2026 Federal Bank Ltd Earnings Release |
29-Apr-2026 | NTS | FORC.NS | Force Motors Ltd | Q4 2026 Force Motors Ltd Earnings Release |
29-Apr-2026 | NTS | GRAN.NS | Granules India Ltd | Q4 2026 Granules India Ltd Earnings Release |
29-Apr-2026 | NTS | HEGL.NS | HEG Ltd | Q4 2026 HEG Ltd Earnings Release |
29-Apr-2026 | NTS | IIFL.NS | IIFL Finance Ltd | Q4 2026 IIFL Finance Ltd Earnings Release |
29-Apr-2026 | NTS | INEG.NS | Indegene Ltd | Q4 2026 Indegene Ltd Earnings Release |
29-Apr-2026 | NTS | INBA.NS | Indian Bank | Q4 2026 Indian Bank Earnings Release |
29-Apr-2026 | NTS | KFIN.NS | Kfin Technologies Ltd | Q4 2026 Kfin Technologies Ltd Earnings Release |
29-Apr-2026 | NTS | MOFS.NS | Motilal Oswal Financial Services Ltd | Q4 2026 Motilal Oswal Financial Services Ltd Earnings Release |
29-Apr-2026 | NTS | MBFL.NS | Mphasis Ltd | Q4 2026 Mphasis Ltd Earnings Release |
29-Apr-2026 | NTS | NAFL.NS | Navin Fluorine International Ltd | Q4 2026 Navin Fluorine International Ltd Earnings Release |
29-Apr-2026 | NTS | PIRM.NS | Piramal Pharma Ltd | Q4 2026 Piramal Pharma Ltd Earnings Release |
29-Apr-2026 | NTS | SCHE.NS | Schaeffler India Ltd | Q1 2026 Schaeffler India Ltd Earnings Release |
29-Apr-2026 | NTS | SYNN.NS | Syngene International Ltd | Q4 2026 Syngene International Ltd Earnings Release |
29-Apr-2026 | NTS | VDAN.NS | Vedanta Ltd | Q4 2026 Vedanta Ltd Earnings Release |
29-Apr-2026 | NTS | WAAN.NS | Waaree Energies Ltd | Q4 2026 Waaree Energies Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
BENGALURU, April 29 (Reuters) - Diary of India economic, corporate events on April 29
ECONOMIC, CORPORATE .BSE500 EVENTS:
Start Date | Start Time | RIC | Company Name | Event Name |
29-Apr-2026 | NTS | ADAN.NS | Adani Power Ltd | Q4 2026 Adani Power Ltd Earnings Release |
29-Apr-2026 | NTS | BJFN.NS | Bajaj Finance Ltd | Q4 2026 Bajaj Finance Ltd Earnings Release |
29-Apr-2026 | NTS | CEMI.NS | Cemindia Projects Ltd | Q4 2026 Cemindia Projects Ltd Earnings Release |
29-Apr-2026 | NTS | FED.NS | Federal Bank Ltd | Q4 2026 Federal Bank Ltd Earnings Release |
29-Apr-2026 | NTS | FORC.NS | Force Motors Ltd | Q4 2026 Force Motors Ltd Earnings Release |
29-Apr-2026 | NTS | GRAN.NS | Granules India Ltd | Q4 2026 Granules India Ltd Earnings Release |
29-Apr-2026 | NTS | HEGL.NS | HEG Ltd | Q4 2026 HEG Ltd Earnings Release |
29-Apr-2026 | NTS | IIFL.NS | IIFL Finance Ltd | Q4 2026 IIFL Finance Ltd Earnings Release |
29-Apr-2026 | NTS | INEG.NS | Indegene Ltd | Q4 2026 Indegene Ltd Earnings Release |
29-Apr-2026 | NTS | INBA.NS | Indian Bank | Q4 2026 Indian Bank Earnings Release |
29-Apr-2026 | NTS | KFIN.NS | Kfin Technologies Ltd | Q4 2026 Kfin Technologies Ltd Earnings Release |
29-Apr-2026 | NTS | MOFS.NS | Motilal Oswal Financial Services Ltd | Q4 2026 Motilal Oswal Financial Services Ltd Earnings Release |
29-Apr-2026 | NTS | MBFL.NS | Mphasis Ltd | Q4 2026 Mphasis Ltd Earnings Release |
29-Apr-2026 | NTS | NAFL.NS | Navin Fluorine International Ltd | Q4 2026 Navin Fluorine International Ltd Earnings Release |
29-Apr-2026 | NTS | PIRM.NS | Piramal Pharma Ltd | Q4 2026 Piramal Pharma Ltd Earnings Release |
29-Apr-2026 | NTS | SCHE.NS | Schaeffler India Ltd | Q1 2026 Schaeffler India Ltd Earnings Release |
29-Apr-2026 | NTS | SYNN.NS | Syngene International Ltd | Q4 2026 Syngene International Ltd Earnings Release |
29-Apr-2026 | NTS | VDAN.NS | Vedanta Ltd | Q4 2026 Vedanta Ltd Earnings Release |
29-Apr-2026 | NTS | WAAN.NS | Waaree Energies Ltd | Q4 2026 Waaree Energies Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
Rewrites throughout, adds details
BENGALURU, April 27 (Reuters) - Indian non-bank lender Bajaj Housing Finance BAJO.NS reported a 14% rise in quarterly profit on Monday, as strong loan growth helped offset narrowing margins competition in the home-loan market intensifying.
Credit demand in India gained momentum in the second half of the fiscal year that ended in March, as easing inflation and lower taxes supported household spending and corporate borrowing.
Bajaj Housing Finance, India's largest non-bank home loan financier by market value, has been expanding its reach into near-prime and affordable home loan segments to diversify its loan portfolio and increase penetration nationwide.
The company's assets under management rose 23% year-on-year to 1.41 trillion rupees ($14.97 billion) for the quarter ended March 31, with loan disbursements also jumping 23% to 175.06 billion rupees.
Net interest income - the difference between interest earned and paid - fell to 9.45 billion rupees from 9.63 billion rupees in the preceding quarter, even as loan assets expanded 5.5% sequentially, underscoring the margin compression playing out across the housing finance sector.
The company's portfolio yield - the weighted average return on the loan book - stood at 9.1% in the March quarter, down from 9.7% a year earlier, as competitive pressure from banks pushed home loan pricing lower.
The gross spread - the difference between the portfolio yield and the cost of funds, a key measure of lending profitability - narrowed to 3% from 3.2% in the preceding quarter, as lower rates are typically transmitted faster to lending rates than to borrowing costs.
Bajaj Housing Finance's net interest margin slipped to 3.8% from 4% in the previous quarter.
Asset quality was largely stable, with gross bad loans as a percentage of total loans holding at 0.27% at the end of March, unchanged from three months earlier.
Profit rose to 6.69 billion rupees from 5.87 billion in the same quarter last year.
The firm's lease rental discounting portfolio, backed by commercial rental income, emerged as the fastest-growing segment, surging 44% year-on-year and accounting for nearly one-fourth of total assets.
($1 = 94.1900 Indian rupees)
(Reporting by Pranav Kashyap in Bengaluru; Editing by Rashmi Aich and Mrigank Dhaniwala)
(([email protected]; +919886482111;))
Rewrites throughout, adds details
BENGALURU, April 27 (Reuters) - Indian non-bank lender Bajaj Housing Finance BAJO.NS reported a 14% rise in quarterly profit on Monday, as strong loan growth helped offset narrowing margins competition in the home-loan market intensifying.
Credit demand in India gained momentum in the second half of the fiscal year that ended in March, as easing inflation and lower taxes supported household spending and corporate borrowing.
Bajaj Housing Finance, India's largest non-bank home loan financier by market value, has been expanding its reach into near-prime and affordable home loan segments to diversify its loan portfolio and increase penetration nationwide.
The company's assets under management rose 23% year-on-year to 1.41 trillion rupees ($14.97 billion) for the quarter ended March 31, with loan disbursements also jumping 23% to 175.06 billion rupees.
Net interest income - the difference between interest earned and paid - fell to 9.45 billion rupees from 9.63 billion rupees in the preceding quarter, even as loan assets expanded 5.5% sequentially, underscoring the margin compression playing out across the housing finance sector.
The company's portfolio yield - the weighted average return on the loan book - stood at 9.1% in the March quarter, down from 9.7% a year earlier, as competitive pressure from banks pushed home loan pricing lower.
The gross spread - the difference between the portfolio yield and the cost of funds, a key measure of lending profitability - narrowed to 3% from 3.2% in the preceding quarter, as lower rates are typically transmitted faster to lending rates than to borrowing costs.
Bajaj Housing Finance's net interest margin slipped to 3.8% from 4% in the previous quarter.
Asset quality was largely stable, with gross bad loans as a percentage of total loans holding at 0.27% at the end of March, unchanged from three months earlier.
Profit rose to 6.69 billion rupees from 5.87 billion in the same quarter last year.
The firm's lease rental discounting portfolio, backed by commercial rental income, emerged as the fastest-growing segment, surging 44% year-on-year and accounting for nearly one-fourth of total assets.
($1 = 94.1900 Indian rupees)
(Reporting by Pranav Kashyap in Bengaluru; Editing by Rashmi Aich and Mrigank Dhaniwala)
(([email protected]; +919886482111;))
MUMBAI, April 17 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 10 billion rupees ($107.7 million) for the reissue of 7.25% January 2029 bonds, three bankers said on Friday.
The company will offer a yield of 7.59% on this issue and had invited commitment bids on Thursday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on April 17:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 2 years and 9 months | 7.59 (yield) | 10 | April 16 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 92.8512 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
MUMBAI, April 17 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 10 billion rupees ($107.7 million) for the reissue of 7.25% January 2029 bonds, three bankers said on Friday.
The company will offer a yield of 7.59% on this issue and had invited commitment bids on Thursday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on April 17:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 2 years and 9 months | 7.59 (yield) | 10 | April 16 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 92.8512 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
March 9 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
BAJAJ GENERAL INSURANCE FEB GROSS DIRECT PREMIUM UNDERWRITTEN AT 10.94 BILLION RUPEES
BAJAJ LIFE INSURANCE FEBRUARY TOTAL PREMIUM 12.81 BILLION RUPEES
Source text: ID:nNSE3hwcxM
Further company coverage: BJFS.NS
(([email protected];))
March 9 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
BAJAJ GENERAL INSURANCE FEB GROSS DIRECT PREMIUM UNDERWRITTEN AT 10.94 BILLION RUPEES
BAJAJ LIFE INSURANCE FEBRUARY TOTAL PREMIUM 12.81 BILLION RUPEES
Source text: ID:nNSE3hwcxM
Further company coverage: BJFS.NS
(([email protected];))
MUMBAI, Feb 27 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($54.97 million) via the reissue of 7.25% January 2029 bonds, three bankers said on Friday.
The company will offer a yield of 7.27% and had invited 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 February 27:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 2 year and 11 months | 7.27 (yield) | 5 | February 27 | AAA (Crisil) |
PFC | 2 years | 6.96 | 30 | February 27 | AAA (Care, Icra, Crisil) |
PFC | 10 years | 7.31 | 30 | February 27 | AAA (Care, Icra, Crisil) |
Bank of Baroda | 7 years | To be decided | 50+50 | March 4 | AAA (Icra, Care) |
NABARD | 3 years and 1 month | 7.10 | 50.55 | February 27 | AAA (Icra, Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 90.9590 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
MUMBAI, Feb 27 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($54.97 million) via the reissue of 7.25% January 2029 bonds, three bankers said on Friday.
The company will offer a yield of 7.27% and had invited 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 February 27:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 2 year and 11 months | 7.27 (yield) | 5 | February 27 | AAA (Crisil) |
PFC | 2 years | 6.96 | 30 | February 27 | AAA (Care, Icra, Crisil) |
PFC | 10 years | 7.31 | 30 | February 27 | AAA (Care, Icra, Crisil) |
Bank of Baroda | 7 years | To be decided | 50+50 | March 4 | AAA (Icra, Care) |
NABARD | 3 years and 1 month | 7.10 | 50.55 | February 27 | AAA (Icra, Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 90.9590 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
MUMBAI, Feb 26 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 15 billion rupees ($165 million) through the reissue of 7.25% January 2029 bonds, three bankers said on Thursday.
It has invited commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on February 26:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 2 years and 11 months | To be decided | 5+10 | February 27 | AAA (Crisil) |
NABARD | 3 years and 1 month | To be decided | 20+60 | February 27 | AAA (Icra, Crisil) |
Canara Bank | 10 years | 7.24 | 50 | February 26 | AAA (India Ratings, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 90.8970 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)
MUMBAI, Feb 26 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 15 billion rupees ($165 million) through the reissue of 7.25% January 2029 bonds, three bankers said on Thursday.
It has invited commitment bids for the issue on Friday, they said.
The company did not immediately respond to a Reuters email seeking comment.
Here is the list of deals reported so far on February 26:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 2 years and 11 months | To be decided | 5+10 | February 27 | AAA (Crisil) |
NABARD | 3 years and 1 month | To be decided | 20+60 | February 27 | AAA (Icra, Crisil) |
Canara Bank | 10 years | 7.24 | 50 | February 26 | AAA (India Ratings, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 90.8970 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sonia Cheema)
MUMBAI, Feb 18 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 25 billion rupees ($275.67 million) for bonds maturing in three years and one month and in five years, three bankers said on Wednesday.
It will pay an annual coupon of 7.40% and 7.55% on these issues and had invited coupon and commitment bids 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 February 18:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 1 month | 7.40 | 10 | February 18 | AAA (Crisil) |
Bajaj Finance | 5 years | 7.55 | 15 | February 18 | AAA (Crisil) |
NIIF Infra Finance | 5 years | 7.68 | 9.05 | February 18 | AAA (Icra) |
Poonawalla Fincorp | 2 years and 4 months | 7.8788 | 10 | February 18 | AAA (Crisil,Care) |
Bajaj Housing 2028 bond reissue | 2 years and 8 months | 7.29 (yield) | 10 | February 18 | AAA (Crisil) |
REC | 2 years | 6.95 | 28.35 | February 18 | AAA (Icra, Crisil, Care) |
NaBFID | 3 years and 1 month | To be decided | 10+40 | February 20 | AAA (Crisil, Icra, India Ratings) |
Shriram Pistons | 18 months | 7.30 (quarterly) | 5 | February 20 | AA+ (India Ratings) |
Shriram Pistons | 2 years | 7.35 (quarterly) | 5 | February 20 | AA+ (India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 90.6880 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)
MUMBAI, Feb 18 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 25 billion rupees ($275.67 million) for bonds maturing in three years and one month and in five years, three bankers said on Wednesday.
It will pay an annual coupon of 7.40% and 7.55% on these issues and had invited coupon and commitment bids 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 February 18:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 1 month | 7.40 | 10 | February 18 | AAA (Crisil) |
Bajaj Finance | 5 years | 7.55 | 15 | February 18 | AAA (Crisil) |
NIIF Infra Finance | 5 years | 7.68 | 9.05 | February 18 | AAA (Icra) |
Poonawalla Fincorp | 2 years and 4 months | 7.8788 | 10 | February 18 | AAA (Crisil,Care) |
Bajaj Housing 2028 bond reissue | 2 years and 8 months | 7.29 (yield) | 10 | February 18 | AAA (Crisil) |
REC | 2 years | 6.95 | 28.35 | February 18 | AAA (Icra, Crisil, Care) |
NaBFID | 3 years and 1 month | To be decided | 10+40 | February 20 | AAA (Crisil, Icra, India Ratings) |
Shriram Pistons | 18 months | 7.30 (quarterly) | 5 | February 20 | AA+ (India Ratings) |
Shriram Pistons | 2 years | 7.35 (quarterly) | 5 | February 20 | AA+ (India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 90.6880 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)
MUMBAI, Feb 11 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($55.1 million) for bonds maturing in two years, three bankers said on Wednesday.
It will pay an annual coupon of 7.31% on this issue and had invited coupon and commitment bids 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 February 11:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 years | 7.31 | 5 | February 11 | AAA (Crisil) |
NaBFID | 10 years | 7.45 | 25.54 | February 11 | AAA (Crisil, Icra) |
SIDBI | 3 years and 2 months | 7.22 | 78.66 | February 11 | AAA (Care, Crisil) |
HUDCO | perpetual | 7.87 | 14.42 | February 11 | AAA (Care, Acuite) |
*Size includes base plus greenshoe for some issues
($1 = 90.7275 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)
MUMBAI, Feb 11 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($55.1 million) for bonds maturing in two years, three bankers said on Wednesday.
It will pay an annual coupon of 7.31% on this issue and had invited coupon and commitment bids 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 February 11:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 years | 7.31 | 5 | February 11 | AAA (Crisil) |
NaBFID | 10 years | 7.45 | 25.54 | February 11 | AAA (Crisil, Icra) |
SIDBI | 3 years and 2 months | 7.22 | 78.66 | February 11 | AAA (Care, Crisil) |
HUDCO | perpetual | 7.87 | 14.42 | February 11 | AAA (Care, Acuite) |
*Size includes base plus greenshoe for some issues
($1 = 90.7275 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Sonia Cheema)
Feb 4 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
Q3 CONSOL NET PROFIT 22.29 BILLION RUPEES
Q3 CONSOL TOTAL REV FROM OPS 397.08 BLN RUPEES
ONE-TIME CHARGE OF 3.79 BILLION RUPEES IN Q3 DUE TO NEW LABOUR CODES
Further company coverage: BJFS.NS
(([email protected];;))
Feb 4 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
Q3 CONSOL NET PROFIT 22.29 BILLION RUPEES
Q3 CONSOL TOTAL REV FROM OPS 397.08 BLN RUPEES
ONE-TIME CHARGE OF 3.79 BILLION RUPEES IN Q3 DUE TO NEW LABOUR CODES
Further company coverage: BJFS.NS
(([email protected];;))
Adds comments from conference call in paragraphs 6,7,8,10 and 13
By Nishit Navin
Feb 3 (Reuters) - India's Bajaj Finance BJFN.NS reported a surprise decline in quarterly profit on Tuesday as the non-bank lender ramped up provisions to strengthen its balance sheet, even as it expects credit cost to improve going forward.
The non-banking financial company reported a 6% year-on-year drop in consolidated net profit to 39.78 billion rupees ($440.83 million) for the quarter ended December 31.
Analysts, on average, had expected a profit of 51.28 billion rupees, per data compiled by LSEG.
During the quarter, the company introduced a minimum loss-given-default (LGD) threshold - a benchmark for expected loss if a borrower defaults - across its businesses, it said, as the lender sought to strengthen its balance sheet amid global economic uncertainty.
This resulted in additional provisions of about 14.06 billion rupees. Total provisions against potential bad loans rose 77% to 36.25 billion rupees.
"It's purely done as a proactive and voluntary measure by the company," Vice Chairman and Managing Director Rajeev Jain said in a post-earnings call.
The company will continue to apply the defined LGD threshold, which will have some level of "small" annualised impact in the next fiscal, he said.
Indian lenders have grappled with higher bad loans in unsecured segments such as microfinance and loans given to micro, small and medium enterprises (MSME) following a period of aggressive lending. The company has since tightened lending in certain segments to rein in credit costs.
Bajaj Finance expects credit cost - or the expense set aside for potential loan defaults - to improve going forward, estimating it in the range of 1.65%-1.75% in the next fiscal year. It stood at 1.91% for the reporting quarter before the additional provisions.
In November, the diversified lender trimmed its growth forecast for assets under management (AUM) for the current financial year to 22-23% from 24-25%, citing bad loans in its MSME segment.
($1 = 90.2390 Indian rupees)
(Reporting by Nishit Navin; Editing by Sonia Cheema and Leroy Leo)
(([email protected];))
Adds comments from conference call in paragraphs 6,7,8,10 and 13
By Nishit Navin
Feb 3 (Reuters) - India's Bajaj Finance BJFN.NS reported a surprise decline in quarterly profit on Tuesday as the non-bank lender ramped up provisions to strengthen its balance sheet, even as it expects credit cost to improve going forward.
The non-banking financial company reported a 6% year-on-year drop in consolidated net profit to 39.78 billion rupees ($440.83 million) for the quarter ended December 31.
Analysts, on average, had expected a profit of 51.28 billion rupees, per data compiled by LSEG.
During the quarter, the company introduced a minimum loss-given-default (LGD) threshold - a benchmark for expected loss if a borrower defaults - across its businesses, it said, as the lender sought to strengthen its balance sheet amid global economic uncertainty.
This resulted in additional provisions of about 14.06 billion rupees. Total provisions against potential bad loans rose 77% to 36.25 billion rupees.
"It's purely done as a proactive and voluntary measure by the company," Vice Chairman and Managing Director Rajeev Jain said in a post-earnings call.
The company will continue to apply the defined LGD threshold, which will have some level of "small" annualised impact in the next fiscal, he said.
Indian lenders have grappled with higher bad loans in unsecured segments such as microfinance and loans given to micro, small and medium enterprises (MSME) following a period of aggressive lending. The company has since tightened lending in certain segments to rein in credit costs.
Bajaj Finance expects credit cost - or the expense set aside for potential loan defaults - to improve going forward, estimating it in the range of 1.65%-1.75% in the next fiscal year. It stood at 1.91% for the reporting quarter before the additional provisions.
In November, the diversified lender trimmed its growth forecast for assets under management (AUM) for the current financial year to 22-23% from 24-25%, citing bad loans in its MSME segment.
($1 = 90.2390 Indian rupees)
(Reporting by Nishit Navin; Editing by Sonia Cheema and Leroy Leo)
(([email protected];))
Feb 2 (Reuters) - India's Bajaj Housing Finance BAJO.NS reported a rise in quarterly profit growth on Monday, helped by steady loan growth despite higher competition from banks.
The country's biggest non-bank home loan financier by market value reported a 21% rise in third-quarter profit to 6.65 billion Indian rupees ($72.63 million) for the three months ended December 31, higher than the 18% growth in the preceding quarter.
The pace of profit growth was somewhat slower compared to the 25% registered in the same quarter last year.
The premium housing segment is seeing stiff competition in the last few months as banks have started offering home loans at lower rates than non-banking finance companies (NBFC).
Bajaj Housing Finance in November had said to sustain its growth it will continue to push forward in the home loans segment despite rising competition by expanding its reach across markets and customer segments. In July, the lender had forecast loan growth at 21-23% for the current financial year, compared to 26% last fiscal.
The company's assets under management rose 23% year-on-year to 1.33 trillion rupees for the quarter ended December 31.
Net interest income, the difference between interest earned and paid, rose 19% to 9.63 billion rupees.
Asset quality was largely stable, with gross bad loans as a percentage of total loans at 0.27% at the end of December, from 0.26% three months earlier and 0.29% in the same period a year ago.
The company's shares ended flat ahead of the results.
($1 = 91.5540 Indian rupees)
(Reporting by Nishit Navin; Editing by Ronojoy Mazumdar)
(([email protected];))
Feb 2 (Reuters) - India's Bajaj Housing Finance BAJO.NS reported a rise in quarterly profit growth on Monday, helped by steady loan growth despite higher competition from banks.
The country's biggest non-bank home loan financier by market value reported a 21% rise in third-quarter profit to 6.65 billion Indian rupees ($72.63 million) for the three months ended December 31, higher than the 18% growth in the preceding quarter.
The pace of profit growth was somewhat slower compared to the 25% registered in the same quarter last year.
The premium housing segment is seeing stiff competition in the last few months as banks have started offering home loans at lower rates than non-banking finance companies (NBFC).
Bajaj Housing Finance in November had said to sustain its growth it will continue to push forward in the home loans segment despite rising competition by expanding its reach across markets and customer segments. In July, the lender had forecast loan growth at 21-23% for the current financial year, compared to 26% last fiscal.
The company's assets under management rose 23% year-on-year to 1.33 trillion rupees for the quarter ended December 31.
Net interest income, the difference between interest earned and paid, rose 19% to 9.63 billion rupees.
Asset quality was largely stable, with gross bad loans as a percentage of total loans at 0.27% at the end of December, from 0.26% three months earlier and 0.29% in the same period a year ago.
The company's shares ended flat ahead of the results.
($1 = 91.5540 Indian rupees)
(Reporting by Nishit Navin; Editing by Ronojoy Mazumdar)
(([email protected];))
MUMBAI, Jan 27 (Reuters) - India's Bajaj Finance BJFN.NS accepted bids worth 51.20 billion rupees ($558.10 million) for staggered redemption bonds maturing in eight to 10 years, three bankers said on Tuesday.
It will pay a coupon of 7.65% and had invited commitment bids for the issue on Friday, they said.
The company did not respond to a Reuters email seeking confirmation of the transaction.
Here is the list of deals reported so far on January 27:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 8 to 10 years | 7.65 | 10+45 | January 23 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 91.7400 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; editing by Rashmi Aich)
MUMBAI, Jan 27 (Reuters) - India's Bajaj Finance BJFN.NS accepted bids worth 51.20 billion rupees ($558.10 million) for staggered redemption bonds maturing in eight to 10 years, three bankers said on Tuesday.
It will pay a coupon of 7.65% and had invited commitment bids for the issue on Friday, they said.
The company did not respond to a Reuters email seeking confirmation of the transaction.
Here is the list of deals reported so far on January 27:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 8 to 10 years | 7.65 | 10+45 | January 23 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 91.7400 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; editing by Rashmi Aich)
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Popular questions
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What does Bajaj Finserv do?
Bajaj Finserv is one of India’s leading promoters of financial services. The company has diversified portfolio that helps to meet financial needs and build an individual’s financial resilience. Its suite of financial solutions includes savings products, consumer and commercial loans, mortgages, auto financing, securities brokerage services, general and life insurance, and investments. With a vision to be a diversified financial services group with a pan-India presence, it offers lifecycle financial solutions for its various customers.
Who are the competitors of Bajaj Finserv?
Bajaj Finserv major competitors are Shriram Finance, JIO Financial Serv., Chola Invest & Fin., Power Finance Corpn., Muthoot Finance, Indian Railway Fin., REC. Market Cap of Bajaj Finserv is ₹2,96,846 Crs. While the median market cap of its peers are ₹1,33,027 Crs.
Is Bajaj Finserv financially stable compared to its competitors?
Bajaj Finserv seems to be less financially stable compared to its competitors. Altman Z score of Bajaj Finserv is 0.27 and is ranked 8 out of its 8 competitors.
Does Bajaj Finserv pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Bajaj Finserv latest dividend payout ratio is 2.77% and 3yr average dividend payout ratio is 2.18%
How has Bajaj Finserv allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Bajaj Finserv balance sheet?
Bajaj Finserv balance sheet is weak and might have solvency issues
Is the profitablity of Bajaj Finserv improving?
Yes, profit is increasing. The profit of Bajaj Finserv is ₹9,801 Crs for Mar 2026, ₹8,872 Crs for Mar 2025 and ₹8,148 Crs for Mar 2024
Is the debt of Bajaj Finserv increasing or decreasing?
Yes, The net debt of Bajaj Finserv is increasing. Latest net debt of Bajaj Finserv is ₹3,93,263 Crs as of Mar-26. This is greater than Mar-25 when it was ₹3,23,163 Crs.
Is Bajaj Finserv stock expensive?
Bajaj Finserv is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Bajaj Finserv is 30.29, while 3 year average PE is 39.56. Also latest EV/EBITDA of Bajaj Finserv is 12.47 while 3yr average is 8.75.
Has the share price of Bajaj Finserv grown faster than its competition?
Bajaj Finserv has given better returns compared to its competitors. Bajaj Finserv has grown at ~9.43% over the last 2yrs while peers have grown at a median rate of -8.0%
Is the promoter bullish about Bajaj Finserv?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Bajaj Finserv is 58.71% and last quarter promoter holding is 58.81%
Are mutual funds buying/selling Bajaj Finserv?
The mutual fund holding of Bajaj Finserv is increasing. The current mutual fund holding in Bajaj Finserv is 8.35% while previous quarter holding is 7.73%.