2.95 (0.27%) Bajaj Finance is currently trading at Rs. 4881.10, up by 13.55 points or 0.28% from its previous closing of Rs. 4867.55 on the BSE.
The scrip opened at Rs. 4867.50 and has touched a high and low of Rs. 4903.45 and Rs. 4865.35 respectively.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4,957.50 and a 52 week low of Rs. 1,783.10.
The promoters holding in the company stood at 56.12%, while public held 43.56%.
Bajaj Finance has raised Rs 755 crore by issuing bonds on a private placement basis. The Debenture Allotment Committee of the company, at its meeting held on December 3, 2020, has allotted 7,550 secured redeemable non-convertible debentures (NCDs) of face value of Rs 10 lakh each, aggregating to Rs 755 crore.
The bonds, having tenor of 729 days, will bear coupon rate of 4.66 per cent per annum. The NCDs are rated AAA with stable outlook by Crisil.
Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.