Taxable
Tax Category
15 Jul, 2026
Maturity Date
(1 Yr 7 Mo 8 D to mature)
Yearly
Interest Payment Frequency
Yes
NRI Eligibility
15 Jul, 2016
Allotment Date
NA
Put Date
15 Jul, 2025
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
8.85%
Coupon
Fixed Interest
Coupon Basis
NaN%
Current Yield
Error Generating Cashflow 😥. We are looking into this.
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
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 level, 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
Mar 27, 2024 | Bajaj Finance Limited
Mar 27, 2024 | Bajaj Finance Limited
Nov 27, 2024 | Bajaj Finance Limited
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BOND VALUE DETAILS
Quote Not Available for purchase
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.