10.15%Bajaj Finance Limited 19 Sep 2024
ISIN:
INE296A08714
Taxable
Tax Category
19 Sep, 2024
Maturity Date
(1 Mo 22 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
19 Sep, 2014
Allotment Date
NA
Put Date
19 Sep, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
Private Placement
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
YOUR EARNING
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Final Payout
₹0
Year
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*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
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ISSUER
Bajaj Finance Limited
Bajaj Finance Ltd. is one of the largest retail asset financings NBFC with a diversified loan portfolio and a pan-India presence. While it was originally set up to provide finance for the purchase of two-wheelers and three-wheelers manufactured by Bajaj Auto Limited, it diversified into other segments over the years. Currently, it operates across 7 broad categories – Consumer Lending, Mortgages, Commercial Lending, Rural Lending, SME Lending, Deposits, and Partnerships & Services.
The ratio in FY24 is 4.97x and it was 4.81x in FY23, indicating increase in debt levels, majorly due to significant increase in the finance cost and the borrowings of the issuer in FY 24.
Debt/EBITDA
The ratio in FY24 is 2.23x and it was 2.50x in FY23 indicating decrease in debt service ability of the issuer, majorly due to increase in the finance cost.
Interest coverage ratio
Recent News
Bajaj Finance Ltd up for five straight sessions
Mar 27, 2024 | Bajaj Finance Limited
Bajaj Auto to invest over Rs 3,000 crore into finance subsidiary BACL
Mar 27, 2024 | Bajaj Finance Limited
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