6.75%Piramal Capital and Housing Finance Limited 26 Sep 2031
ISIN:
INE516Y07444
Taxable
Tax Category
26 Sep, 2031
Maturity Date
(7 Yr 13 D to mature)
Half Yearly
Interest Payment Frequency
Yes
NRI Eligibility
28 Sep, 2021
Allotment Date
NA
Put Date
28 Sep, 2024
Next Interest Payment Date
16 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
₹NaN
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Error Generating Cashflow 😥. We are looking into this.
*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?
An investment secured with collateral helps
ISSUER
Piramal Capital & Housing Finance Limited
PCHFL was incorporated in February 2017. In August 2017, PCHFL received a certificate for commencement of housing finance business from National Housing Bank. Subsequently, the Board of Piramal Enterprises Ltd (PEL), the parent of PFL, approved a scheme of amalgamation of PFL and Piramal Capital Ltd to PCHFL. PCL was a subsidiary of PEL and had limited operations. The merger process was completed in July 2018 with effect from 31st March 2018. Consequently, all outstanding assets and liabilities of Piramal Finance Ltd are being transferred to Piramal Capital and Housing Finance Ltd.
The ratio in FY24 211.83x and it was -4.34x in FY23, indicating drastic reduction in losses in FY24 therefore huge difference between the ratios.
Debt/EBITDA
The ratio in FY24 is 0.02and it was -2.71x in FY23, indicating slight increase in debt servicing ability of the issuer due to reduction in the loss in FY24.
Interest coverage ratio
Recent News
Piramal Enterprises invests ₹2,000 crore in arm Piramal Capital and Housing Finance
Mar 27, 2024 | Piramal Capital & Housing Finance Limited
Piramal Enterprises to stay away from future investment in AIFs
Mar 27, 2024 | Piramal Capital & Housing Finance Limited
Related Videos
Seniority Ranking
Demystifying the hierarchy that determines who gets paid first in the event of a default
Corporate Bonds: Issuance, Trading & Settlement
Fuelling Growth with Corporate Bonds: A Closer Look at Debt Securities
STEPS TO BUY THIS BOND
Information required for KYC
PAN Card
Bank Account Proof
Aadhaar Card
Demat Account Proof
How to exit the investment?
To know more about the Bond and the issuer, download the Information Memorandum.
To read about the reasons for the ratings assigned to the Bond, download the Rating Rationale.
₹88.0298
Price
10.7000%
Yield
Principal Amount
Accrued Interest from
Enter no. of bonds you want to buy
BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
Total Investment
similar bonds
11.00% ESAF Small Finance Bank Limited 20 Apr 2030
20 Apr, 2030
Maturity Date
₹1,00,000
Minimum Qty
INE818W08123
ISIN
Half Yearly
IP Frequency
11.1669%
Yield
₹100.5
Price
13.00% Satin Creditcare Network Limited 11 Sept 2026
11 Sep, 2026
Maturity Date
₹1,00,000
Minimum Qty
INE836B07790
ISIN
Half Yearly
IP Frequency
11.4%
Yield
₹103.328
Price
11.10% ESAF Small Finance Bank Limited 20 Apr 2031
20 Apr, 2031
Maturity Date
₹1,00,000
Minimum Qty
INE818W08115
ISIN
Half Yearly
IP Frequency
11.4016%
Yield
₹100
Price
