Bajaj Finance soars on raising Rs 500 crore through NCDs
Bajaj Finance is currently trading at Rs. 995.80, up by 26.75 points or 2.76% from its previous closing of Rs. 969.05 on the BSE.
The scrip opened at Rs. 974.10 and has touched a high and low of Rs. 1000.00 and Rs. 964.80 respectively. So far 381254 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1102.45 on 23-Oct-2025 and a 52 week low of Rs. 802.72 on 12-Feb-2025.
Last one week high and low of the scrip stood at Rs. 1000.00 and Rs. 961.45 respectively. The current market cap of the company is Rs. 619976.98 crore.
The promoters holding in the company stood at 54.70%, while Institutions and Non-Institutions held 36.44% and 8.86% respectively.
Bajaj Finance has raised Rs 500 crore through the allotment of 50,000 Secured Redeemable Non-Convertible Debentures (NCDs), at face value of Rs 1 lakh each on private placement basis. These NCDs carry an annual coupon rate of 7.31% p.a. The Debentures are proposed to be listed on the Wholesale Debt Market Segment of BSE. The Debenture Allotment Committee of the Company has at its meeting held on February 12, 2026, allotted the same.
