Security Name: 6.75% Piramal Finance Limited 26 Sep 2031
ISIN: INE516Y07444
Taxable
Tax Category
26 Sep, 2031
Maturity Date
(5 Yr 7 Mo 19 D to mature)
Half Yearly
Interest Payment Frequency
Yes
NRI Eligibility
28 Sep, 2021
Allotment Date
NA
Put Date
28 Mar, 2026
Next Interest Payment Date
17 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
6.75%
Coupon
Fixed Interest
Coupon Basis
7.1293%
Current Yield
11 Mar, 2026
Record Date
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
Risk gauge from Low to High Safety. Needle points near High Safety. Credit rating is AA Stable (CARE).
| Rating agency | Rating | Needle position |
|---|---|---|
| CARE | AA Stable | near High Safety |
| ICRA | AA Stable | near High Safety |
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
LIQUIDITY INDICATOR #
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Transaction Count
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Volume Traded
as on -- (in Lakhs)
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Transaction Count
(since 3 months)
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Volume Traded
(since 3 months) (in Lakhs)
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# Updates every 15 minutes during market hours
# Last Updated: --
ISSUER
Founded by Ajay Piramal, Piramal Finance is an Upper Layer NBFC-ICC that transitioned from an HFC license on April 4, 2025. It provides retail loans (home, personal, auto, and small business) and wholesale lending across real estate and corporate sectors.
The ratio in FY25 is 11.98x and it was 182.54x in FY24, indicating decrease in debt level of the issuer due incurred profitability compared to previous year losses.
Debt/EBITDA
The ratio in FY25 is 1.01x and it was 0.02x in FY24, indicating increase in the debt servicing ability of the issuer due to strong growth in its lending businesses, a successful transition to a retail-focused approach, and improved asset quality.
Interest coverage ratio
Recent News
Nov 18, 2024 | Piramal Finance Limited
Jan 20, 2025 | Piramal Finance Limited
Jul 01, 2025 | Piramal Finance Limited
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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.
Principal Amount
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BOND VALUE DETAILS
Face Value
Market Value
Stamp Duty
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Total Investment
| Cashflow for INE516Y07444 |
|---|
| Disclaimer: The actual dates and interest amounts can vary depending on Bank closures, holidays etc. Tax Deducted at Source (TDS) is applicable on interest receivable based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR). |
|---|
| Security Name |
|---|
| 6.75% Piramal Finance Limited 26 Sep 2031 |
| Credit Rating |
|---|
| AA Stable by CARE AA Stable by ICRA |
| Coupon Frequency |
|---|
| Half Yearly |
| Face Value |
|---|
| ₹800 |
| Coupon |
|---|
| 6.750000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 26/09/2031 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Feb 05,2026 |
| Principal Amount |
|---|
| ₹757.44 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹757.44 |
| Price |
|---|
| ₹94.6799 |
| Yield |
|---|
| 0% |
| Year | Payment Date | Amount | Amount after TDS | Payout Type |
|---|
Disclaimer: Investments in Debt Securities/ Municipal Debt Securities/ Securitised Debt Instruments are subject to risks including delay and/ or default in payment. Read all the Offer Related documents carefully.
Source: Issuer website, Rating Rationale, Issuer Annual Report, Information Memorandum and News from Google.
