BAJAJFINSV
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
-
Share Price
-
Financials
-
Revenue mix
-
Shareholdings
-
Peers
-
Forensics
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
This data is currently unavailable for this company.
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
| (In Cr.) |
|---|
| (In Cr.) | ||||
|---|---|---|---|---|
|
This data is currently unavailable for this company. |
| (In %) |
|---|
| (In Cr.) |
|---|
| Financial Year (In Cr.) |
|---|
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Recent events
-
News
-
Corporate Actions
India New Issue-Bajaj Housing Finance accepts bids for bond reissue, bankers say
MUMBAI, June 4 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($58.19 million) for the reissue of 7.02% May 2028 bonds, two merchant bankers said on Wednesday.
The company will offer a yield of 7.01% on this issue and had invited bids from bankers and investors earlier in the day.
Bajaj Housing Finance did not reply 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 May 2028 reissue | 3 years | 7.01 (yield) | 5 | June 4 | AAA (Crisil) |
HUDCO | 3 years | 6.52 | 7.50 | June 4 | AAA (Icra, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.9200 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, June 4 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($58.19 million) for the reissue of 7.02% May 2028 bonds, two merchant bankers said on Wednesday.
The company will offer a yield of 7.01% on this issue and had invited bids from bankers and investors earlier in the day.
Bajaj Housing Finance did not reply 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 May 2028 reissue | 3 years | 7.01 (yield) | 5 | June 4 | AAA (Crisil) |
HUDCO | 3 years | 6.52 | 7.50 | June 4 | AAA (Icra, India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.9200 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India New Issue-Bajaj Housing Finance to reissue May 2028 bonds, bankers say
MUMBAI, June 3 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion rupees ($117.03 million), which includes 5 billion rupees of a greenshoe option, through reissue of 7.02% May 2028 bonds, two merchant bankers said on Tuesday.
The company has invited bids from bankers and investors on Wednesday, they said.
Bajaj Housing Finance did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on June 3:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing May 2028 reissue | 3 years | To be decided | 5+5 | June 4 | AAA (Crisil) |
HUDCO | 3 years | To be decided | 5+25 | June 4 | AAA (Icra, India Ratings) |
Vedanta | 30 months | 9.31 | 22.50+7.50 | June 4 | AA-(Crisil) |
Vedanta | 3 years | 9.45 | 10+7.50 | June 4 | AA-(Crisil) |
Vedanta | 2 years | OIS linked | 8.50 | June 4 | AA-(Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.4450 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, June 3 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion rupees ($117.03 million), which includes 5 billion rupees of a greenshoe option, through reissue of 7.02% May 2028 bonds, two merchant bankers said on Tuesday.
The company has invited bids from bankers and investors on Wednesday, they said.
Bajaj Housing Finance did not reply to a Reuters email seeking comment.
Here is the list of deals reported so far on June 3:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing May 2028 reissue | 3 years | To be decided | 5+5 | June 4 | AAA (Crisil) |
HUDCO | 3 years | To be decided | 5+25 | June 4 | AAA (Icra, India Ratings) |
Vedanta | 30 months | 9.31 | 22.50+7.50 | June 4 | AA-(Crisil) |
Vedanta | 3 years | 9.45 | 10+7.50 | June 4 | AA-(Crisil) |
Vedanta | 2 years | OIS linked | 8.50 | June 4 | AA-(Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.4450 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India New Issue-Bajaj Finance to issue multiple tenor bonds, bankers say
MUMBAI, May 20 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 110 billion rupees ($1.29 billion, including a greenshoe option of 65 billion rupees, through the sale of bonds maturing in three years and one month and in five years and one month, three bankers said on Tuesday.
The non-banking financial company has invited bids from bankers and investors on Wednesday, they said.
Bajaj Finance did not respond to a Reuters email for comment.
Here is the list of deals reported so far on May 20:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 year and 1 month | To be decided | 35+35 | May 21 | AAA (Crisil) |
Bajaj Finance | 5 years and 1 month | To be decided | 10+30 | May 21 | AAA (Crisil) |
Muthoot Finance | 3 year and 3 months | To be decided | 10+10 | May 21 | AA+(Crisil, Icra) |
ICICI Home Finance | 3 year and 3 months | To be decided | 3+3 | May 21 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.4425 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra
Editing by Sonia Cheema)
MUMBAI, May 20 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 110 billion rupees ($1.29 billion, including a greenshoe option of 65 billion rupees, through the sale of bonds maturing in three years and one month and in five years and one month, three bankers said on Tuesday.
The non-banking financial company has invited bids from bankers and investors on Wednesday, they said.
Bajaj Finance did not respond to a Reuters email for comment.
Here is the list of deals reported so far on May 20:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 year and 1 month | To be decided | 35+35 | May 21 | AAA (Crisil) |
Bajaj Finance | 5 years and 1 month | To be decided | 10+30 | May 21 | AAA (Crisil) |
Muthoot Finance | 3 year and 3 months | To be decided | 10+10 | May 21 | AA+(Crisil, Icra) |
ICICI Home Finance | 3 year and 3 months | To be decided | 3+3 | May 21 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.4425 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra
Editing by Sonia Cheema)
India New Issue-Bajaj Finance to reissue multiple tenor bonds, bankers say
By Dharamraj Dhutia and Khushi Malhotra
MUMBAI, May 5 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 42 billion rupees ($497.4 million), including a greenshoe option of 35 billion rupees, through the reissue of 7.02% April 2031 bonds and 7.38% June 2030 bonds, three bankers said on Monday.
The non-banking financial company has invited bids from bankers and investors for the issue on Tuesday, they said.
Bajaj Finance did not respond to a Reuters email for comment.
Here is the list of deals reported so far on May 5:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance April 2031 Reissue | 5 years 11 months and 11 days | To be decided | 2+10 | May 6 | AAA (Crisil) |
Bajaj Finance June 2030 Reissue | 5 years 1 month and 21 days | To be decided | 5+25 | May 6 | AAA (Crisil) |
Summit Digitel Infrastructure | 15 years | 7.31 (quarterly) | 14.75 | May 5 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 84.4330 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
By Dharamraj Dhutia and Khushi Malhotra
MUMBAI, May 5 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 42 billion rupees ($497.4 million), including a greenshoe option of 35 billion rupees, through the reissue of 7.02% April 2031 bonds and 7.38% June 2030 bonds, three bankers said on Monday.
The non-banking financial company has invited bids from bankers and investors for the issue on Tuesday, they said.
Bajaj Finance did not respond to a Reuters email for comment.
Here is the list of deals reported so far on May 5:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance April 2031 Reissue | 5 years 11 months and 11 days | To be decided | 2+10 | May 6 | AAA (Crisil) |
Bajaj Finance June 2030 Reissue | 5 years 1 month and 21 days | To be decided | 5+25 | May 6 | AAA (Crisil) |
Summit Digitel Infrastructure | 15 years | 7.31 (quarterly) | 14.75 | May 5 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 84.4330 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
India New Issue-Bajaj Housing Finance accepts bids for bond issue, bankers say
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)
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)
India New Issue-Bajaj Finance accepts bids for multiple tenor bonds, bankers say
MUMBAI, April 25 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 12.75 billion rupees ($149.33 million) for bonds maturing in two years and two months, five-year and two months, and a reissue of 7.3763% June 2028 bonds, three bankers said on Friday.
The non-banking financial company had invited bids from bankers and investors for the options 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 April 25:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 year and 2 months | 7.2337 | 5 | April 25 | AAA (Crisil) |
Bajaj Finance | 5 year and 2 months | 7.38 | 5 | April 25 | AAA (Crisil) |
Bajaj Finance | 5 year and 3 months | 7.25 (yield) | 2.75 | April 25 | AAA (Crisil) |
L&T Metro Rail (Hyderabad) | 10 years | 7.55 | 28.72 | April 25 | AAA (Crisil) |
Renserv Global | 3 years | 9.9040 | 8+7 | April 28 | A+ (CE) (Care) |
IndiGrid Infra Trust | 8 years and 11 months | To be decided | 4.6+0.1 | April 28 | AAA(Crisil) |
LIC Housing Finance | 5 years | To be decided | 10+8 | April 28 | AAA(Crisil, Care) |
Cube Highways Trust | 3 years | 7.2503 | 5.52 | April 24 | AAA (Crisil) |
Cube Highways Trust | 7 years | 7.3006 | 6 | April 24 | AAA (Crisil) |
Tata Power Renewable Energy | 15 years | 7.55 | 10 | April 24 | AA+ (India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.3830 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, April 25 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 12.75 billion rupees ($149.33 million) for bonds maturing in two years and two months, five-year and two months, and a reissue of 7.3763% June 2028 bonds, three bankers said on Friday.
The non-banking financial company had invited bids from bankers and investors for the options 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 April 25:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 year and 2 months | 7.2337 | 5 | April 25 | AAA (Crisil) |
Bajaj Finance | 5 year and 2 months | 7.38 | 5 | April 25 | AAA (Crisil) |
Bajaj Finance | 5 year and 3 months | 7.25 (yield) | 2.75 | April 25 | AAA (Crisil) |
L&T Metro Rail (Hyderabad) | 10 years | 7.55 | 28.72 | April 25 | AAA (Crisil) |
Renserv Global | 3 years | 9.9040 | 8+7 | April 28 | A+ (CE) (Care) |
IndiGrid Infra Trust | 8 years and 11 months | To be decided | 4.6+0.1 | April 28 | AAA(Crisil) |
LIC Housing Finance | 5 years | To be decided | 10+8 | April 28 | AAA(Crisil, Care) |
Cube Highways Trust | 3 years | 7.2503 | 5.52 | April 24 | AAA (Crisil) |
Cube Highways Trust | 7 years | 7.3006 | 6 | April 24 | AAA (Crisil) |
Tata Power Renewable Energy | 15 years | 7.55 | 10 | April 24 | AA+ (India Ratings) |
*Size includes base plus greenshoe for some issues
($1 = 85.3830 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
India's Bajaj Finance plans share split, bonus issue of shares
April 23 (Reuters) - Indian non-bank lender Bajaj Finance BJFN.NS said on Wednesday that it will consider the sub-division and bonus issue of shares on April 29.
The company will also report quarterly earnings on the same day.
Bajaj Finance's profit in the October-December period jumped 18% year-on-year and it had forecast a profit growth of 22% to 23% for the fiscal year ending March 2026.
(Reporting by Manvi Pant in Bengaluru; Editing by Shailesh Kuber)
(([email protected]; +918447554364;))
April 23 (Reuters) - Indian non-bank lender Bajaj Finance BJFN.NS said on Wednesday that it will consider the sub-division and bonus issue of shares on April 29.
The company will also report quarterly earnings on the same day.
Bajaj Finance's profit in the October-December period jumped 18% year-on-year and it had forecast a profit growth of 22% to 23% for the fiscal year ending March 2026.
(Reporting by Manvi Pant in Bengaluru; Editing by Shailesh Kuber)
(([email protected]; +918447554364;))
India New Issue-Bajaj Finance accepts bids for over 3-year bonds, bankers say
MUMBAI, April 16 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($58.4 million) for the sale of bonds maturing in three years and two months, three bankers said on Wednesday.
The non-banking financial company will offer a yield of 7.3763% 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 16:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 2 months | 7.3763 (yield) | 5 | April 16 | AAA (Crisil) |
Poonawalla Fincorp | 2 years | 7.65 | 11.60 | April 17 | AAA (Crisil) |
Poonawalla Fincorp | 3 years | 7.70 | 2.15+5 | April 17 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.6310 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
MUMBAI, April 16 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($58.4 million) for the sale of bonds maturing in three years and two months, three bankers said on Wednesday.
The non-banking financial company will offer a yield of 7.3763% 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 16:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 2 months | 7.3763 (yield) | 5 | April 16 | AAA (Crisil) |
Poonawalla Fincorp | 2 years | 7.65 | 11.60 | April 17 | AAA (Crisil) |
Poonawalla Fincorp | 3 years | 7.70 | 2.15+5 | April 17 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.6310 Indian rupees)
(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Mrigank Dhaniwala)
India New Issue-Bajaj Finance to issue over 3-year bonds, bankers say
MUMBAI, April 15 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($349.8 million), including 25 billion rupees of a greenshoe option, through the sale of bonds maturing in three years and two months, three bankers said on Tuesday.
The non-banking financial company has invited bids from bankers and investors for the issue on Wednesday, they said.
Bajaj Finance did not respond to a Reuters email for comment.
Here is the list of deals reported so far on April 15:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 2 months | To be decided | 5+@5 | April 16 | AAA (Crisil) |
NABARD Sept 2028 reissue | 3 years and 5 months | 7.0080(yield) | 70 | April 15 | AAA (Crisil, India rating) |
Toyota Financial Services | 3 years and 2 months | 7.6950 | 5 | April 15 | AAA (Icra) |
LIC Housing Fin Oct 2027 reissue | 2 years and 6 months | To be decided | 10+12.50 | April 15 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 85.7700 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
MUMBAI, April 15 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($349.8 million), including 25 billion rupees of a greenshoe option, through the sale of bonds maturing in three years and two months, three bankers said on Tuesday.
The non-banking financial company has invited bids from bankers and investors for the issue on Wednesday, they said.
Bajaj Finance did not respond to a Reuters email for comment.
Here is the list of deals reported so far on April 15:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 3 years and 2 months | To be decided | 5+@5 | April 16 | AAA (Crisil) |
NABARD Sept 2028 reissue | 3 years and 5 months | 7.0080(yield) | 70 | April 15 | AAA (Crisil, India rating) |
Toyota Financial Services | 3 years and 2 months | 7.6950 | 5 | April 15 | AAA (Icra) |
LIC Housing Fin Oct 2027 reissue | 2 years and 6 months | To be decided | 10+12.50 | April 15 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 85.7700 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)
India New Issue-Bajaj Housing Finance accepts bids for 10-year bonds, bankers say
MUMBAI, April 9 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 15 billion rupees ($173.2 million) for bonds maturing in 10 years, two merchant bankers said on Wednesday.
The company will pay an annual coupon of 7.50% and had invited bids from bankers and investors on Tuesday, 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 9:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 10 years | 7.50 | 15 | April 8 | AAA (Crisil) |
LIC Housing Fin Feb 2030 reissue | 4 years and 10 months | 7.20 (yield) | 10 | April 8 | AAA (Crisil, Care) |
Cholamandalam Investment | 7 years | 8.75 | 5 | April 8 | AA+ (Icra, India Ratings) |
L&T Finance | 3 years and 2 months | 7.5934 | 1+4 | April 11 | AAA (India Ratings, Icra) |
L&T Finance | 5 years | To be decided | 1+4 | April 11 | AAA (Care, IcRA) |
*Size includes base plus greenshoe for some issues
($1 = 86.6120 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, April 9 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 15 billion rupees ($173.2 million) for bonds maturing in 10 years, two merchant bankers said on Wednesday.
The company will pay an annual coupon of 7.50% and had invited bids from bankers and investors on Tuesday, 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 9:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 10 years | 7.50 | 15 | April 8 | AAA (Crisil) |
LIC Housing Fin Feb 2030 reissue | 4 years and 10 months | 7.20 (yield) | 10 | April 8 | AAA (Crisil, Care) |
Cholamandalam Investment | 7 years | 8.75 | 5 | April 8 | AA+ (Icra, India Ratings) |
L&T Finance | 3 years and 2 months | 7.5934 | 1+4 | April 11 | AAA (India Ratings, Icra) |
L&T Finance | 5 years | To be decided | 1+4 | April 11 | AAA (Care, IcRA) |
*Size includes base plus greenshoe for some issues
($1 = 86.6120 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India New Issue-Bajaj Housing Finance to issue 10-year bonds, bankers say
MUMBAI, April 7 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 15 billion rupees ($174.8 million), including a greenshoe option of 10 billion rupees, through a sale of bonds maturing in 10 years, two merchant bankers said on Monday.
The company has invited bids from bankers and investors on Tuesday, 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 April 7:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 10 years | To be decided | 5+10 | April 8 | AAA (Crisil) |
Bajaj Finance April 2035 reissue | 10 years | 7.55 | 12.50+27.50 | April 8 | AAA (Crisil) |
NaBFID | 10 years | 7.04 | 42.40 | April 7 | AAA (Crisil, Icra) |
NaBFID | 5 years | 7.03 | 14.69 | April 7 | AAA (Crisil, Icra) |
LIC Housing Feb 2030 reissue | 5 years | 7.6450 | 10+10 | April 8 | AAA (Crisil, Care) |
Shriram Finance | 3 years | 8.70 | 3.75+15 | April 8 | AA+ (Crisil) |
Shriram Finance | 5 years and 3 months | 8.69 | 3.75+15 | April 8 | AA+ (Crisil) |
India Infradebt Sept 2030 reissue | 5 years and 5 months | To be decided | 2.50+7.50 | April 8 | AAA (Crisil, Icra) |
India Infradebt Dec 2034 reissue | 9 years and 8 months | To be decided | 1+4 | April 8 | AAA (Crisil, Icra) |
Cholamandalam Investment | 7 years | 8.75 | 5+5 | April 8 | AA+ (Icra, India Ratings) |
REC | 15 years | To be decided | 5+25 | April 8 | AAA (Crisil, Icra, Care) |
* Size includes base plus greenshoe for some issues
($1 = 85.8150 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, April 7 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 15 billion rupees ($174.8 million), including a greenshoe option of 10 billion rupees, through a sale of bonds maturing in 10 years, two merchant bankers said on Monday.
The company has invited bids from bankers and investors on Tuesday, 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 April 7:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 10 years | To be decided | 5+10 | April 8 | AAA (Crisil) |
Bajaj Finance April 2035 reissue | 10 years | 7.55 | 12.50+27.50 | April 8 | AAA (Crisil) |
NaBFID | 10 years | 7.04 | 42.40 | April 7 | AAA (Crisil, Icra) |
NaBFID | 5 years | 7.03 | 14.69 | April 7 | AAA (Crisil, Icra) |
LIC Housing Feb 2030 reissue | 5 years | 7.6450 | 10+10 | April 8 | AAA (Crisil, Care) |
Shriram Finance | 3 years | 8.70 | 3.75+15 | April 8 | AA+ (Crisil) |
Shriram Finance | 5 years and 3 months | 8.69 | 3.75+15 | April 8 | AA+ (Crisil) |
India Infradebt Sept 2030 reissue | 5 years and 5 months | To be decided | 2.50+7.50 | April 8 | AAA (Crisil, Icra) |
India Infradebt Dec 2034 reissue | 9 years and 8 months | To be decided | 1+4 | April 8 | AAA (Crisil, Icra) |
Cholamandalam Investment | 7 years | 8.75 | 5+5 | April 8 | AA+ (Icra, India Ratings) |
REC | 15 years | To be decided | 5+25 | April 8 | AAA (Crisil, Icra, Care) |
* Size includes base plus greenshoe for some issues
($1 = 85.8150 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
India New Issue-Bajaj Finance accepts bids for multiple tenor bonds, bankers say
MUMBAI, April 2 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 59.9 billion rupees ($700.2 million) for bonds maturing in five years and in 10 years, three bankers said on Wednesday.
The non-banking financial company will pay an annual coupon of 7.57% on the five-year bonds and 7.55% coupon on the 10-year papers and had invited bids from bankers and investors for the issue earlier in the day, they said.
Bajaj Finance did not respond to Reuters email for comment.
Here is the list of deals reported so far on April 2:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 5 years | 7.57 | 30 | April 2 | AAA (Crisil) |
Bajaj Finance | 10 years | 7.55 | 29.90 | April 2 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.5480 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sumana Nandy)
MUMBAI, April 2 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 59.9 billion rupees ($700.2 million) for bonds maturing in five years and in 10 years, three bankers said on Wednesday.
The non-banking financial company will pay an annual coupon of 7.57% on the five-year bonds and 7.55% coupon on the 10-year papers and had invited bids from bankers and investors for the issue earlier in the day, they said.
Bajaj Finance did not respond to Reuters email for comment.
Here is the list of deals reported so far on April 2:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 5 years | 7.57 | 30 | April 2 | AAA (Crisil) |
Bajaj Finance | 10 years | 7.55 | 29.90 | April 2 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.5480 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sumana Nandy)
Bajaj Finserv Appoints Rajeev Jain As Additional Director
March 21 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
BAJAJ FINSERV LTD - APPOINTS RAJEEV JAIN AS ADDITIONAL DIRECTOR
Source text: ID:nBSE3Vc3b4
Further company coverage: BJFS.NS
(([email protected];;))
March 21 (Reuters) - Bajaj Finserv Ltd BJFS.NS:
BAJAJ FINSERV LTD - APPOINTS RAJEEV JAIN AS ADDITIONAL DIRECTOR
Source text: ID:nBSE3Vc3b4
Further company coverage: BJFS.NS
(([email protected];;))
India's Bajaj Finance names Anup Kumar Saha as MD
March 20 (Reuters) - Indian non-banking financial company Bajaj Finance BJFN.NS on Thursday named Anup Kumar Saha as its managing director, replacing Rajeev Jain.
The non-banking lender said Jain will continue as Vice Chairman.
(Reporting by Ashish Chandra in Bengaluru; Editing by Shreya Biswas
)
(([email protected]; +91 7982114624;))
March 20 (Reuters) - Indian non-banking financial company Bajaj Finance BJFN.NS on Thursday named Anup Kumar Saha as its managing director, replacing Rajeev Jain.
The non-banking lender said Jain will continue as Vice Chairman.
(Reporting by Ashish Chandra in Bengaluru; Editing by Shreya Biswas
)
(([email protected]; +91 7982114624;))
India New Issue-Bajaj Finance accepts bids for near 5-year bonds, bankers say
MUMBAI, March 19 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5.45 billion rupees ($62.99 million) for bonds maturing in four years and 11 months, three bankers said on Wednesday.
The non-banking financial company will pay an annual coupon of 7.80% on this issue and had invited bids from bankers and investors on Tuesday, they said.
Bajaj Finance did not respond to Reuters email for comment.
Here is the list of deals reported so far on March 19:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 4 year and 11 months | 7.80 | 5.45 | March 18 | AAA (Crisil) |
NIIF Infra Finance | 7 year and 2 months | 7.93 | 6.83 | March 18 | AAA (Care, Icra) |
JSW Energy | 3 years | 8.75 | 3+1 | March 19 | AA (Icra, India Ratings) |
JSW Energy | 5 years | 8.80 | 4 | March 19 | AA (Icra, India Ratings) |
IIFL Finance | 13 months | To be decided | 4+2 | March 19 | AA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 86.5230 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, March 19 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5.45 billion rupees ($62.99 million) for bonds maturing in four years and 11 months, three bankers said on Wednesday.
The non-banking financial company will pay an annual coupon of 7.80% on this issue and had invited bids from bankers and investors on Tuesday, they said.
Bajaj Finance did not respond to Reuters email for comment.
Here is the list of deals reported so far on March 19:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 4 year and 11 months | 7.80 | 5.45 | March 18 | AAA (Crisil) |
NIIF Infra Finance | 7 year and 2 months | 7.93 | 6.83 | March 18 | AAA (Care, Icra) |
JSW Energy | 3 years | 8.75 | 3+1 | March 19 | AA (Icra, India Ratings) |
JSW Energy | 5 years | 8.80 | 4 | March 19 | AA (Icra, India Ratings) |
IIFL Finance | 13 months | To be decided | 4+2 | March 19 | AA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 86.5230 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India's Bajaj Finserv falls as Allianz exits JV at discount
** India's Bajaj Finserv BJFS.NS down 1.7% at 1,840 rupees
** Top loser on benchmark Nifty 50 .NSEI, which is up 1.1%
** Germany's Allianz ALVG.DE says to sell 26% stake in JV with Bajaj Finserv to Bajaj Group for ~2.6 bln euros ($2.84 bln)
** Kotak Institutional Equities says deal values Bajaj Allianz at 400 bln rupees, 28% less than Kotak's fair value
** Kotak cuts stock to "add" from "buy", trims fair value to 2,000 rupees from 2,100 rupees
** Analysts avg rating is "buy"; median PT 2,000 rupees-LSEG data
** BJFS up 17% YTD, 2nd-highest on Nifty 50 (down 4% YTD)
** BJFS unit Bajaj Finance BJFN.NS up 0.2% on the day; up 26% YTD, most on Nifty 50
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** India's Bajaj Finserv BJFS.NS down 1.7% at 1,840 rupees
** Top loser on benchmark Nifty 50 .NSEI, which is up 1.1%
** Germany's Allianz ALVG.DE says to sell 26% stake in JV with Bajaj Finserv to Bajaj Group for ~2.6 bln euros ($2.84 bln)
** Kotak Institutional Equities says deal values Bajaj Allianz at 400 bln rupees, 28% less than Kotak's fair value
** Kotak cuts stock to "add" from "buy", trims fair value to 2,000 rupees from 2,100 rupees
** Analysts avg rating is "buy"; median PT 2,000 rupees-LSEG data
** BJFS up 17% YTD, 2nd-highest on Nifty 50 (down 4% YTD)
** BJFS unit Bajaj Finance BJFN.NS up 0.2% on the day; up 26% YTD, most on Nifty 50
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
India's Bajaj Finserv jumps on block deals at premium
** Shares of non-banking financial firm Bajaj Finserv BJFS.NS rise as much as 3.9% to 1,877.90 rupees
** Almost 3.2 mln shares traded in 15 block deals at 1,864.90 to 1,870.50 rupees per share - data compiled by LSEG
** Prices at a premium to stock's last close of 1,807.45 rupees
** Stock among top pct gainers in Nifty 50 index .NSEI which is up 0.3%
** Stock is witnessing its most active trading session since January 2, with more than 5.9 mln shares changing hands, 3.3x its 30-day avg
** Avg rating of 11 analysts equivalent of "buy", median PT is 2,000 rupees - data compiled by LSEG
** Stock up 19.1% YTD vs 5.1% fall in Nifty 50 index
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of non-banking financial firm Bajaj Finserv BJFS.NS rise as much as 3.9% to 1,877.90 rupees
** Almost 3.2 mln shares traded in 15 block deals at 1,864.90 to 1,870.50 rupees per share - data compiled by LSEG
** Prices at a premium to stock's last close of 1,807.45 rupees
** Stock among top pct gainers in Nifty 50 index .NSEI which is up 0.3%
** Stock is witnessing its most active trading session since January 2, with more than 5.9 mln shares changing hands, 3.3x its 30-day avg
** Avg rating of 11 analysts equivalent of "buy", median PT is 2,000 rupees - data compiled by LSEG
** Stock up 19.1% YTD vs 5.1% fall in Nifty 50 index
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India New Issue-Bajaj Finance to reissue February 2030 bonds, bankers say
MUMBAI, Feb 27 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 24.30 billion rupees ($279 million), including a greenshoe option of 20.25 billion rupees, through reissue of 7.60% February 2030 bonds, three bankers said on Thursday.
The non-banking financial company has invited bids for the issue from bankers and investors later in the day, they said.
The company did not respond to Reuters' request for 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 Finance | 5 years | To be decided | 4.05+20.25 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 87.1000 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sumana Nandy)
MUMBAI, Feb 27 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 24.30 billion rupees ($279 million), including a greenshoe option of 20.25 billion rupees, through reissue of 7.60% February 2030 bonds, three bankers said on Thursday.
The non-banking financial company has invited bids for the issue from bankers and investors later in the day, they said.
The company did not respond to Reuters' request for 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 Finance | 5 years | To be decided | 4.05+20.25 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 87.1000 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Sumana Nandy)
India New Issue-Bajaj Finance accepts bids for bond reissue, bankers say
MUMBAI, Feb 7 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 7.50 billion rupees ($85.8 million) for the reissue of 7.7591% December 2027 bonds, three bankers said on Friday.
The non-banking financial company will offer a yield of 7.77% and had invited bids for the issue from bankers and investors earlier in the day, they said.
The company did not respond to Reuters' request for comment.
Here is the list of deals reported so far on Feb. 7:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance Dec 2027 reissue | 1 year and 10 months | 7.77 (yield) | 7.50 | Feb. 7 | AAA (Crisil) |
Aditya Birla Housing Finance | 2 year and 4 months | To be decided | 5+4.50 | Feb. 10 | AAA (Icra, Crisil) |
Aditya Birla Housing Finance | 3 year and 3 months | To be decided | 5+3.50 | Feb. 10 | AAA (Icra, Crisil) |
Cube Highways Trust | 17 years | To be decided | 8.60 | Feb. 10 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 87.4070 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, Feb 7 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 7.50 billion rupees ($85.8 million) for the reissue of 7.7591% December 2027 bonds, three bankers said on Friday.
The non-banking financial company will offer a yield of 7.77% and had invited bids for the issue from bankers and investors earlier in the day, they said.
The company did not respond to Reuters' request for comment.
Here is the list of deals reported so far on Feb. 7:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance Dec 2027 reissue | 1 year and 10 months | 7.77 (yield) | 7.50 | Feb. 7 | AAA (Crisil) |
Aditya Birla Housing Finance | 2 year and 4 months | To be decided | 5+4.50 | Feb. 10 | AAA (Icra, Crisil) |
Aditya Birla Housing Finance | 3 year and 3 months | To be decided | 5+3.50 | Feb. 10 | AAA (Icra, Crisil) |
Cube Highways Trust | 17 years | To be decided | 8.60 | Feb. 10 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 87.4070 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India New Issue-Bajaj Finance to reissue Dec 2027 bonds, bankers say
MUMBAI, Feb 6 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 45 billion rupees ($514 million), including a greenshoe option of 37.50 billion rupees, through the reissue of 7.7591% December 2027 bonds, three bankers said on Thursday.
The non-banking financial company has invited bids for the issue from bankers and investors on Friday, they said.
The company did not immediately respond to Reuters' request for comment.
Here is the list of deals reported so far on Feb. 6:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance Dec 2027 reissue | 1 year and 10 months | To be decided | 7.50+47.50 | Feb. 7 | AAA (Crisil) |
Tata Projects | 6 years | 8.60 | 5 | Feb. 6 | AA (India Ratings) |
SIDBI | 4 years and 1 month | To be decided | 20+40 | Feb. 10 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 87.5470 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, Feb 6 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 45 billion rupees ($514 million), including a greenshoe option of 37.50 billion rupees, through the reissue of 7.7591% December 2027 bonds, three bankers said on Thursday.
The non-banking financial company has invited bids for the issue from bankers and investors on Friday, they said.
The company did not immediately respond to Reuters' request for comment.
Here is the list of deals reported so far on Feb. 6:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance Dec 2027 reissue | 1 year and 10 months | To be decided | 7.50+47.50 | Feb. 7 | AAA (Crisil) |
Tata Projects | 6 years | 8.60 | 5 | Feb. 6 | AA (India Ratings) |
SIDBI | 4 years and 1 month | To be decided | 20+40 | Feb. 10 | AAA (Crisil, Care) |
*Size includes base plus greenshoe for some issues
($1 = 87.5470 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
India New Issue-Bajaj Finance accepts bids for bond reissue, bankers say
MUMBAI, Feb 4 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($57.49 million) for the reissue of 7.60% Feb 2030 bonds, three bankers said on Tuesday.
The non-banking finance company will offer a yield of 7.74% and had invited bids for the issue from bankers and investors on Monday, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on Feb. 4
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance Feb 2030 reissue | 5 years | 7.74 (yield) | 5 | Feb. 3 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 86.9720 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, Feb 4 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 5 billion rupees ($57.49 million) for the reissue of 7.60% Feb 2030 bonds, three bankers said on Tuesday.
The non-banking finance company will offer a yield of 7.74% and had invited bids for the issue from bankers and investors on Monday, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on Feb. 4
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance Feb 2030 reissue | 5 years | 7.74 (yield) | 5 | Feb. 3 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 86.9720 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India New Issue-Bajaj Finance to reissue Feb 2030 bonds, bankers say
MUMBAI, Jan 31 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($346.31 million), which includes a greenshoe option of 25 billion rupees, through reissue of 7.60% Feb 2030 bonds, three bankers said on Friday.
The non-banking finance company has invited bids for the issue from bankers and investors on Monday, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on Jan. 31:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 5 years | To be decided | 5+25 | Feb. 3 | AAA (Crisil) |
NaBFID | 15 years | To be decided | 20+30 | Feb. 4 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 86.6280 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, Jan 31 (Reuters) - India's Bajaj Finance BJFN.NS plans to raise 30 billion rupees ($346.31 million), which includes a greenshoe option of 25 billion rupees, through reissue of 7.60% Feb 2030 bonds, three bankers said on Friday.
The non-banking finance company has invited bids for the issue from bankers and investors on Monday, they said.
The company did not immediately respond to a Reuters request for comment.
Here is the list of deals reported so far on Jan. 31:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 5 years | To be decided | 5+25 | Feb. 3 | AAA (Crisil) |
NaBFID | 15 years | To be decided | 20+30 | Feb. 4 | AAA (Crisil, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 86.6280 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
DIARY- India economic, corporate events on Jan 30
BENGALURU, Jan 30 (Reuters) - Diary of India economic, corporate events on Jan.30
ECONOMIC, CORPORATE .BSE500 EVENTS:
Start Date | Start Time | RIC | Company Name | Event Name |
30-Jan-2025 | NTS | BJAT.NS | Bajaj Holdings and Investment Ltd | Q3 2025 Bajaj Holdings and Investment Ltd Earnings Release |
30-Jan-2025 | NTS | VEDN.NS | Vedant Fashions Ltd | Q3 2025 Vedant Fashions Ltd Earnings Release |
30-Jan-2025 | NTS | ASTL.NS | Astral Ltd | Q3 2025 Astral Ltd Earnings Release |
30-Jan-2025 | NTS | BJFS.NS | Bajaj Finserv Ltd | Q3 2025 Bajaj Finserv Ltd Earnings Release |
30-Jan-2025 | NTS | CCRI.NS | Container Corporation of India Ltd | Q3 2025 Container Corporation of India Ltd Earnings Release |
30-Jan-2025 | NTS | PBFI.NS | PB Fintech Ltd | Q3 2025 PB Fintech Ltd Earnings Release |
30-Jan-2025 | NTS | BOB.NS | Bank of Baroda Ltd | Q3 2025 Bank of Baroda Ltd Earnings Release |
30-Jan-2025 | NTS | BION.NS | Biocon Ltd | Q3 2025 Biocon Ltd Earnings Release |
30-Jan-2025 | NTS | NAFL.NS | Navin Fluorine International Ltd | Q3 2025 Navin Fluorine International Ltd Earnings Release |
30-Jan-2025 | NTS | KALN.NS | Kalyan Jewellers India Ltd | Q3 2025 Kalyan Jewellers India Ltd Earnings Release |
30-Jan-2025 | NTS | PHOE.NS | Phoenix Mills Ltd | Q3 2025 Phoenix Mills Ltd Earnings Release |
30-Jan-2025 | NTS | DABU.NS | Dabur India Ltd | Q3 2025 Dabur India Ltd Earnings Release |
30-Jan-2025 | NTS | AJPH.NS | Ajanta Pharma Ltd | Q3 2025 Ajanta Pharma Ltd Earnings Release |
30-Jan-2025 | NTS | BAJE.NS | Bharat Electronics Ltd | Q3 2025 Bharat Electronics Ltd Earnings Release |
30-Jan-2025 | NTS | APSE.NS | Adani Ports and Special Economic Zone Ltd | Q3 2025 Adani Ports and Special Economic Zone Ltd Earnings Release |
30-Jan-2025 | NTS | TACN.NS | Tata Consumer Products Ltd | Q3 2025 Tata Consumer Products Ltd Earnings Release |
30-Jan-2025 | NTS | SHCM.NS | Shree Cement Ltd | Q3 2025 Shree Cement Ltd Earnings Release |
30-Jan-2025 | NTS | LART.NS | Larsen and Toubro Ltd | Q3 2025 Larsen and Toubro Ltd Earnings Release |
30-Jan-2025 | NTS | CORF.NS | Coromandel International Ltd | Q3 2025 Coromandel International Ltd Earnings Release |
30-Jan-2025 | NTS | JNSP.NS | Jindal Steel And Power Ltd | Q3 2025 Jindal Steel And Power Ltd Earnings Release |
30-Jan-2025 | NTS | GAIL.NS | Gail (India) Ltd | Q3 2025 Gail (India) Ltd Earnings Release |
30-Jan-2025 | NTS | MAXE.NS | Max Healthcare Institute Ltd | Q3 2025 Max Healthcare Institute Ltd Earnings Release |
30-Jan-2025 | NTS | ADEL.NS | Adani Enterprises Ltd | Q3 2025 Adani Enterprises Ltd Earnings Release |
30-Jan-2025 | NTS | WLSP.NS | Welspun Living Ltd | Q3 2025 Welspun Living Ltd Earnings Release |
30-Jan-2025 | NTS | DLPA.NS | Dr. Lal PathLabs Ltd | Q3 2025 Dr. Lal PathLabs Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
BENGALURU, Jan 30 (Reuters) - Diary of India economic, corporate events on Jan.30
ECONOMIC, CORPORATE .BSE500 EVENTS:
Start Date | Start Time | RIC | Company Name | Event Name |
30-Jan-2025 | NTS | BJAT.NS | Bajaj Holdings and Investment Ltd | Q3 2025 Bajaj Holdings and Investment Ltd Earnings Release |
30-Jan-2025 | NTS | VEDN.NS | Vedant Fashions Ltd | Q3 2025 Vedant Fashions Ltd Earnings Release |
30-Jan-2025 | NTS | ASTL.NS | Astral Ltd | Q3 2025 Astral Ltd Earnings Release |
30-Jan-2025 | NTS | BJFS.NS | Bajaj Finserv Ltd | Q3 2025 Bajaj Finserv Ltd Earnings Release |
30-Jan-2025 | NTS | CCRI.NS | Container Corporation of India Ltd | Q3 2025 Container Corporation of India Ltd Earnings Release |
30-Jan-2025 | NTS | PBFI.NS | PB Fintech Ltd | Q3 2025 PB Fintech Ltd Earnings Release |
30-Jan-2025 | NTS | BOB.NS | Bank of Baroda Ltd | Q3 2025 Bank of Baroda Ltd Earnings Release |
30-Jan-2025 | NTS | BION.NS | Biocon Ltd | Q3 2025 Biocon Ltd Earnings Release |
30-Jan-2025 | NTS | NAFL.NS | Navin Fluorine International Ltd | Q3 2025 Navin Fluorine International Ltd Earnings Release |
30-Jan-2025 | NTS | KALN.NS | Kalyan Jewellers India Ltd | Q3 2025 Kalyan Jewellers India Ltd Earnings Release |
30-Jan-2025 | NTS | PHOE.NS | Phoenix Mills Ltd | Q3 2025 Phoenix Mills Ltd Earnings Release |
30-Jan-2025 | NTS | DABU.NS | Dabur India Ltd | Q3 2025 Dabur India Ltd Earnings Release |
30-Jan-2025 | NTS | AJPH.NS | Ajanta Pharma Ltd | Q3 2025 Ajanta Pharma Ltd Earnings Release |
30-Jan-2025 | NTS | BAJE.NS | Bharat Electronics Ltd | Q3 2025 Bharat Electronics Ltd Earnings Release |
30-Jan-2025 | NTS | APSE.NS | Adani Ports and Special Economic Zone Ltd | Q3 2025 Adani Ports and Special Economic Zone Ltd Earnings Release |
30-Jan-2025 | NTS | TACN.NS | Tata Consumer Products Ltd | Q3 2025 Tata Consumer Products Ltd Earnings Release |
30-Jan-2025 | NTS | SHCM.NS | Shree Cement Ltd | Q3 2025 Shree Cement Ltd Earnings Release |
30-Jan-2025 | NTS | LART.NS | Larsen and Toubro Ltd | Q3 2025 Larsen and Toubro Ltd Earnings Release |
30-Jan-2025 | NTS | CORF.NS | Coromandel International Ltd | Q3 2025 Coromandel International Ltd Earnings Release |
30-Jan-2025 | NTS | JNSP.NS | Jindal Steel And Power Ltd | Q3 2025 Jindal Steel And Power Ltd Earnings Release |
30-Jan-2025 | NTS | GAIL.NS | Gail (India) Ltd | Q3 2025 Gail (India) Ltd Earnings Release |
30-Jan-2025 | NTS | MAXE.NS | Max Healthcare Institute Ltd | Q3 2025 Max Healthcare Institute Ltd Earnings Release |
30-Jan-2025 | NTS | ADEL.NS | Adani Enterprises Ltd | Q3 2025 Adani Enterprises Ltd Earnings Release |
30-Jan-2025 | NTS | WLSP.NS | Welspun Living Ltd | Q3 2025 Welspun Living Ltd Earnings Release |
30-Jan-2025 | NTS | DLPA.NS | Dr. Lal PathLabs Ltd | Q3 2025 Dr. Lal PathLabs Ltd Earnings Release |
NTS - 'No time scheduled'
(Compiled by Bengaluru Newsroom)
India's Bajaj Finance expects 22%-23% profit growth in next fiscal
Adds details from conference call in paragraph 2, 9 and 10
By Nishit Navin and Siddhi Nayak
Jan 29 (Reuters) - India's Bajaj Finance BJFN.NS posted a rise in third-quarter profit on Wednesday, helped by strong loan growth during the holiday season, and said it expected a profit growth of 22%-23% in the fiscal year ending March 2026.
The company expects 25% balance sheet growth next fiscal year, assuming stable conditions, and maintained a long-term outlook of 25%-27% growth in assets under management and 23%-24% profit growth, without specifying a timeline.
Earlier in the day, the non-banking financial company reported a consolidated net profit of 43.08 billion rupees ($497.84 million) for the quarter ended Dec. 31, up around 18% from a year ago.
Indians celebrate a string of festivals during the October-December period, spending heavily on items ranging from apparel to electronics, which prop up demand for credit.
Bajaj Finance's net interest income grew 23% to 93.82 billion rupees in the December-quarter, while its assets under management grew about 28% to 3.98 trillion rupees.
Indian lenders have been grappling with asset quality stress led by unsecured segments such as credit cards and personal loans.
The company's provisions, or money set aside to cover potential bad loans, grew 64% to 20.43 billion rupees. On a quarter-on-quarter basis, provisions rose 7%.
Bajaj Finance said that its loan losses have stabilised.
The non-banking lender does not see itself transitioning into a bank in the near future, Managing Director Rajeev Jain said in a conference call.
"You should expect business as usual for the short to medium term," he added.
($1 = 86.5330 Indian rupees)
(Reporting by Nishit Navin in Bengaluru; Editing by Varun H K and Vijay Kishore)
(([email protected];))
Adds details from conference call in paragraph 2, 9 and 10
By Nishit Navin and Siddhi Nayak
Jan 29 (Reuters) - India's Bajaj Finance BJFN.NS posted a rise in third-quarter profit on Wednesday, helped by strong loan growth during the holiday season, and said it expected a profit growth of 22%-23% in the fiscal year ending March 2026.
The company expects 25% balance sheet growth next fiscal year, assuming stable conditions, and maintained a long-term outlook of 25%-27% growth in assets under management and 23%-24% profit growth, without specifying a timeline.
Earlier in the day, the non-banking financial company reported a consolidated net profit of 43.08 billion rupees ($497.84 million) for the quarter ended Dec. 31, up around 18% from a year ago.
Indians celebrate a string of festivals during the October-December period, spending heavily on items ranging from apparel to electronics, which prop up demand for credit.
Bajaj Finance's net interest income grew 23% to 93.82 billion rupees in the December-quarter, while its assets under management grew about 28% to 3.98 trillion rupees.
Indian lenders have been grappling with asset quality stress led by unsecured segments such as credit cards and personal loans.
The company's provisions, or money set aside to cover potential bad loans, grew 64% to 20.43 billion rupees. On a quarter-on-quarter basis, provisions rose 7%.
Bajaj Finance said that its loan losses have stabilised.
The non-banking lender does not see itself transitioning into a bank in the near future, Managing Director Rajeev Jain said in a conference call.
"You should expect business as usual for the short to medium term," he added.
($1 = 86.5330 Indian rupees)
(Reporting by Nishit Navin in Bengaluru; Editing by Varun H K and Vijay Kishore)
(([email protected];))
India's Bajaj Housing Finance posts 25% jump in Q3 profit on strong credit growth
BENGALURU, Jan 27 (Reuters) - India's Bajaj Housing Finance BAJO.NS reported a 25% jump in third-quarter profit on Monday, bolstered by strong credit growth.
The country's biggest home loan financier by market value reported a profit of 5.48 billion rupees ($63.5 million) for the three months ending Dec. 31, compared to 4.37 billion rupees a year ago.
Demand for homes in India, especially premium residences, has remained strong over the last few quarters, which form a key part of Bajaj Housing Finance's assets.
Residential real estate prices are set to rise steadily over the next few years, driven by demand luxury properties from cash-rich individuals, according to a Reuters poll of housing experts.
Last week, smaller rival PNB Housing Finance reported a 43% jump in third-quarter profit, driven by robust demand for home loans.
Bajaj Housing's loan assets rose 31% year-on-year to 955.7 billion rupees, while its assets under management climbed 26% to 1.08 trillion rupees.
Net interest income, the difference between interest earned and paid, rose 25% to 8.06 billion rupees.
Its asset quality remained sequentially steady, with gross bad loans as a percentage of total loans standing at 0.29% at the end of December. On a year-to-year basis, however, it was a marginal decline from 0.25%.
The company shares ended 3% lower ahead of the results, amid weakness in the broader equity market.
($1 = 86.2850 Indian rupees)
(Reporting by Nishit Navin; Editing by Varun H K)
BENGALURU, Jan 27 (Reuters) - India's Bajaj Housing Finance BAJO.NS reported a 25% jump in third-quarter profit on Monday, bolstered by strong credit growth.
The country's biggest home loan financier by market value reported a profit of 5.48 billion rupees ($63.5 million) for the three months ending Dec. 31, compared to 4.37 billion rupees a year ago.
Demand for homes in India, especially premium residences, has remained strong over the last few quarters, which form a key part of Bajaj Housing Finance's assets.
Residential real estate prices are set to rise steadily over the next few years, driven by demand luxury properties from cash-rich individuals, according to a Reuters poll of housing experts.
Last week, smaller rival PNB Housing Finance reported a 43% jump in third-quarter profit, driven by robust demand for home loans.
Bajaj Housing's loan assets rose 31% year-on-year to 955.7 billion rupees, while its assets under management climbed 26% to 1.08 trillion rupees.
Net interest income, the difference between interest earned and paid, rose 25% to 8.06 billion rupees.
Its asset quality remained sequentially steady, with gross bad loans as a percentage of total loans standing at 0.29% at the end of December. On a year-to-year basis, however, it was a marginal decline from 0.25%.
The company shares ended 3% lower ahead of the results, amid weakness in the broader equity market.
($1 = 86.2850 Indian rupees)
(Reporting by Nishit Navin; Editing by Varun H K)
India's Bharti Airtel to offer Bajaj Finance's loan products
Corrects Airtel's customer numbers to 375 million from 370 million in paragraph 3 after official clarification from the company
BENGALURU, Jan 20 (Reuters) - Indian telecom major Bharti Airtel BRTI.NS will be offering non-banking lender Bajaj Finance's BJFN.NS financial products in the country, the companies said on Monday.
Airtel will initially offer Bajaj Finance's products through its application, and later via its physical stores, they said in a joint statement.
The partnership will enable Bajaj Finance, the country's largest private-sector non-banking financial company, to tap Airtel's 375 million customers. The non-bank lender's customer base stood at 97.12 million as of December-end, up from 80.31 million a year earlier.
Currently, two products of Bajaj Finance have been piloted on Airtel's app and by March, it would go up to four products — gold loan, business loan, co-branded EMI card, and personal loan.
Airtel plans to offer nearly 10 products of the non-banking financial company to its customers within this calendar year.
(Reporting by Nishit Navin in Bengaluru; Editing by Rashmi Aich)
(([email protected];))
Corrects Airtel's customer numbers to 375 million from 370 million in paragraph 3 after official clarification from the company
BENGALURU, Jan 20 (Reuters) - Indian telecom major Bharti Airtel BRTI.NS will be offering non-banking lender Bajaj Finance's BJFN.NS financial products in the country, the companies said on Monday.
Airtel will initially offer Bajaj Finance's products through its application, and later via its physical stores, they said in a joint statement.
The partnership will enable Bajaj Finance, the country's largest private-sector non-banking financial company, to tap Airtel's 375 million customers. The non-bank lender's customer base stood at 97.12 million as of December-end, up from 80.31 million a year earlier.
Currently, two products of Bajaj Finance have been piloted on Airtel's app and by March, it would go up to four products — gold loan, business loan, co-branded EMI card, and personal loan.
Airtel plans to offer nearly 10 products of the non-banking financial company to its customers within this calendar year.
(Reporting by Nishit Navin in Bengaluru; Editing by Rashmi Aich)
(([email protected];))
India New Issue-Bajaj Housing Finance reissues multiple tenor bonds, bankers say
MUMBAI, Jan 9 (Reuters) - India's Bajaj Housing Finance has raised an aggregate of 27.75 billion rupees ($323 million) through the reissue of 7.66% March 2028 and 7.56% October 2034 bonds, two merchant bankers said on Thursday.
The company will offer a yield of 7.75% and 7.5850%, respectively, on these issuances and had invited bids on Tuesday, 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 Jan. 9
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 3 years and 2 months | 7.75 (yield) | 15.75 | Jan. 7 | AAA (Crisil) |
Bajaj Housing | 9 years and 9 months | 7.5850 (yield) | 12 | Jan. 7 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.9140 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)
MUMBAI, Jan 9 (Reuters) - India's Bajaj Housing Finance has raised an aggregate of 27.75 billion rupees ($323 million) through the reissue of 7.66% March 2028 and 7.56% October 2034 bonds, two merchant bankers said on Thursday.
The company will offer a yield of 7.75% and 7.5850%, respectively, on these issuances and had invited bids on Tuesday, 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 Jan. 9
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing | 3 years and 2 months | 7.75 (yield) | 15.75 | Jan. 7 | AAA (Crisil) |
Bajaj Housing | 9 years and 9 months | 7.5850 (yield) | 12 | Jan. 7 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.9140 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)
India New Issue-Bajaj Housing Finance accepts bids for bond issue, bankers say
MUMBAI, Dec 19 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($58.8 million) for bonds maturing in three years and three months, two merchant bankers said on Thursday.
The company will pay a coupon of 7.66% on this issue and had invited bids from bankers and investors for the issue 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 Dec. 19:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years and 3 months | 7.66 | 5 | Dec. 19 | AAA (Crisil) |
Shriram Finance | 3 years and 1 month | 8.90 | 1+4 | Dec. 20 | AA+ (Crisil) |
Tata Capital Oct 2027 reissue | 2 year and 10 months | To be decided | 5+5 | Dec. 20 | AAA (Crisil, Icra) |
Tata Capital | 9 year and 7 months | To be decided | 1+4 | Dec. 20 | AAA (Crisil, Icra) |
PFC | 5 years and 23 days | To be decided | 5+25 | Dec. 20 | AAA (Crisil, Care, Icra) |
PFC | 15 years and 24 days | To be decided | 5+25 | Dec. 20 | AAA (Crisil, Care, Icra) |
SIDBI | 4 years and 5 months | To be decided | 10+30 | Dec. 20 | AAA (Crisil, Care) |
Punjab National Bank | 15 years | To be decided | 10+20 | Dec. 20 | AAA (Crisil, India Ratings) |
India Infradebt | 10 years | To be decided | 2.50+2.50 | Dec. 20 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.0290 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, Dec 19 (Reuters) - India's Bajaj Housing Finance BAJO.NS has accepted bids worth 5 billion rupees ($58.8 million) for bonds maturing in three years and three months, two merchant bankers said on Thursday.
The company will pay a coupon of 7.66% on this issue and had invited bids from bankers and investors for the issue 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 Dec. 19:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years and 3 months | 7.66 | 5 | Dec. 19 | AAA (Crisil) |
Shriram Finance | 3 years and 1 month | 8.90 | 1+4 | Dec. 20 | AA+ (Crisil) |
Tata Capital Oct 2027 reissue | 2 year and 10 months | To be decided | 5+5 | Dec. 20 | AAA (Crisil, Icra) |
Tata Capital | 9 year and 7 months | To be decided | 1+4 | Dec. 20 | AAA (Crisil, Icra) |
PFC | 5 years and 23 days | To be decided | 5+25 | Dec. 20 | AAA (Crisil, Care, Icra) |
PFC | 15 years and 24 days | To be decided | 5+25 | Dec. 20 | AAA (Crisil, Care, Icra) |
SIDBI | 4 years and 5 months | To be decided | 10+30 | Dec. 20 | AAA (Crisil, Care) |
Punjab National Bank | 15 years | To be decided | 10+20 | Dec. 20 | AAA (Crisil, India Ratings) |
India Infradebt | 10 years | To be decided | 2.50+2.50 | Dec. 20 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 85.0290 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
India New Issue-Bajaj Housing Finance to issue over 3-year bonds, bankers say
MUMBAI, Dec 18 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion Indian rupees ($117.8 million), including a greenshoe option of five billion rupees, through a sale of bonds maturing in three years and three months, two merchant bankers said on Wednesday.
The company has invited bids from bankers and investors for the issue on Thursday, the bankers said.
The company did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on Dec. 18:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years and 3 months | To be decided | 5+5 | Dec. 19 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 84.9200 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
MUMBAI, Dec 18 (Reuters) - India's Bajaj Housing Finance BAJO.NS plans to raise 10 billion Indian rupees ($117.8 million), including a greenshoe option of five billion rupees, through a sale of bonds maturing in three years and three months, two merchant bankers said on Wednesday.
The company has invited bids from bankers and investors for the issue on Thursday, the bankers said.
The company did not immediately reply to a Reuters email seeking comment.
Here is the list of deals reported so far on Dec. 18:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Housing Finance | 3 years and 3 months | To be decided | 5+5 | Dec. 19 | AAA (Crisil) |
*Size includes base plus greenshoe for some issues
($1 = 84.9200 Indian rupees)
(Reporting by Dharamraj Dhutia; Editing by Varun H K)
India New Issue-Bajaj Finance accepts bids for over 2-yr bonds, bankers say
MUMBAI, Dec 6 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 10 billion rupees ($118.1 million) for bonds maturing in two years and three months, three bankers said on Friday.
The non-banking finance company will pay an annual coupon of 7.7215% and had invited bids for the issue 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 Dec. 6:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 years and 3 months | 7.7215 | 10 | Dec. 6 | AAA (Crisil) |
India Infradebt | 5 years and 6 months | 7.92 | 5 | Dec. 5 | AAA (Crisil) |
India Infradebt | 10 years | 7.93 | 2.50 | Dec. 5 | AAA (Crisil) |
PFC | 10 years and 1 month | To be decided | 6+29 | Dec. 9 | AAA (Crisil, Care, Icra) |
PFC | 15 years and 1 month | To be decided | 6+29 | Dec. 9 | AAA (Crisil, Care, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 84.6875 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
MUMBAI, Dec 6 (Reuters) - India's Bajaj Finance BJFN.NS has accepted bids worth 10 billion rupees ($118.1 million) for bonds maturing in two years and three months, three bankers said on Friday.
The non-banking finance company will pay an annual coupon of 7.7215% and had invited bids for the issue 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 Dec. 6:
Issuer | Tenure | Coupon (in %) | Issue size (in bln rupees)* | Bidding date | Rating |
Bajaj Finance | 2 years and 3 months | 7.7215 | 10 | Dec. 6 | AAA (Crisil) |
India Infradebt | 5 years and 6 months | 7.92 | 5 | Dec. 5 | AAA (Crisil) |
India Infradebt | 10 years | 7.93 | 2.50 | Dec. 5 | AAA (Crisil) |
PFC | 10 years and 1 month | To be decided | 6+29 | Dec. 9 | AAA (Crisil, Care, Icra) |
PFC | 15 years and 1 month | To be decided | 6+29 | Dec. 9 | AAA (Crisil, Care, Icra) |
*Size includes base plus greenshoe for some issues
($1 = 84.6875 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Eileen Soreng)
Upcoming Events:
Dividend
Events:
Dividend
Dividend
Bonus
Split
Dividend
Dividend
Dividend
Dividend
Dividend
Dividend
Dividend
Dividend
Dividend
More Large Cap Ideas
See similar 'Large' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
-
Business
-
Financials
-
Share Price
-
Shareholdings
What does Bajaj Finserv do?
Bajaj Finserv Limited focuses on promoting financial services like finance, insurance, broking, investments through digital platforms and also generates power using wind turbines as a renewable energy source.
Who are the competitors of Bajaj Finserv?
Bajaj Finserv major competitors are Indian Railway Fin., JIO Financial Serv., Power Finance Corp, Chola Invest & Fin., Shriram Finance, REC, Muthoot Finance. Market Cap of Bajaj Finserv is ₹3,12,492 Crs. While the median market cap of its peers are ₹1,27,229 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 0.42 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 1.96% and 3yr average dividend payout ratio is 1.78%
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 ₹17,540 Crs for TTM, ₹8,148 Crs for Mar 2024 and ₹6,417 Crs for Mar 2023.
Is the debt of Bajaj Finserv increasing or decreasing?
The net debt of Bajaj Finserv is decreasing. Latest net debt of Bajaj Finserv is -₹15,736.8 Crs as of Mar-25. This is less than Mar-24 when it was ₹2,63,075 Crs.
Is Bajaj Finserv stock expensive?
Bajaj Finserv is not expensive. Latest PE of Bajaj Finserv is 35.22, while 3 year average PE is 42.68. Also latest EV/EBITDA of Bajaj Finserv is 6.03 while 3yr average is 9.45.
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 ~32.41% over the last 1yrs while peers have grown at a median rate of -5.14%
Is the promoter bullish about Bajaj Finserv?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Bajaj Finserv is 60.64% and last quarter promoter holding is 60.64%.
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 5.43% while previous quarter holding is 5.13%.