Security Name: 6.75% Piramal Finance Limited 26 Sep 2031
ISIN: INE516Y07444
Taxable
Tax Category
26 Sep, 2031
Maturity Date
(6 Yr 1 Mo 7 D to mature)
Half Yearly
Interest Payment Frequency
Yes
NRI Eligibility
28 Sep, 2021
Allotment Date
NA
Put Date
28 Sep, 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
₹NaN
Dirty Price
6.75%
Coupon
Fixed Interest
Coupon Basis
7.2053%
Current Yield
13 Sep, 2025
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
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Piramal Finance Limited
Piramal Finance Limited (formerly known as Piramal Capital & Housing Finance Limited) is a leading diversified non-banking financial company (NBFC) in India, operating as a wholly owned subsidiary of Piramal Enterprises Limited. The company offers a wide range of financial products and services, including home loans, business loans, personal loans, and loan against property, with a strong presence in both retail and wholesale financing segments.
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
Piramal Capital seeking counterbids to sell Rs 702 cr of bad loans
Nov 18, 2024 | Piramal Finance Limited
Mobikwik join hands with Piramal Capital & Housing Finance
Jan 20, 2025 | Piramal Finance Limited
Piramal Finance Partners with Punjab & Sind Bank to Boost Lending in Semi-Urban & Rural Areas
Jul 01, 2025 | Piramal Finance Limited
Related Videos
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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.
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Principal Amount
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BOND VALUE DETAILS
Face Value
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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 |
|---|
| ₹825 |
| Coupon |
|---|
| 6.750000% |
| YTM or YTC |
|---|
| YTM |
| Maturity Date |
|---|
| 26/09/2031 |
| Security |
|---|
| Senior Secured |
| No. of Bonds |
|---|
| 1 |
| Settlement Date |
|---|
| Aug 19,2025 |
| Principal Amount |
|---|
| ₹772.87 |
| Accrued Interest |
|---|
| ₹0 |
| Stamp Duty |
|---|
| ₹0 |
| Total Amount Payable |
|---|
| ₹772.87 |
| Price |
|---|
| ₹93.6811 |
| 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.
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