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Bajaj Finance raises Rs 760.09 crore via NCDs

10 Feb 2025 Evaluate

Bajaj Finance has raised Rs 760.09 crore through the allotment of 75,000 Non-Convertible Debentures (NCDs), at face value of Rs 1 lakh each on private placement basis. 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 10, 2025, allotted the same.

Bajaj Finance is one of the largest players in the burgeoning consumer finance segment in India and a pioneer in introducing interest-free EMI finance options in many categories, ranging from consumer durables to lifestyle products to groceries.


Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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