Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited) - INE516Y07063

Microfinance

corporate

Coupon Rate
9.51%
Maturity Date
09 Mar 2029
ISIN
INE516Y07063copy
Face Value
₹10,00,000
About Issue
This AA rated bond from Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited), a corporate, offers a Fixed coupon of 9.5109% with maturity on 09 March 2029. Issued through the Private placement as under ISIN INE516Y07063, this bond ensures strong credit quality with minimal default risk, making it a dependable option for investors seeking better returns than traditional fixed deposits, without taking on significant risk. Ideal for investors who want stable returns with high credit assurance, while benefiting from a superior yield in a short-to-medium term horizon.
Key Attributes
Rating
CARE AA (Stable)
Mode of Issue
Public
Private
Tax Saving
Yes
No
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
11 Mar 2019
Remaining Tenure
3Y 8M
Security Name
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED 9.5109 LOA 09MR29 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
19 Feb 2025
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