Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited) - INE516Y07279

Microfinance

corporate

Coupon Rate
9.25%
Maturity Date
19 Mar 2026
ISIN
INE516Y07279copy
Face Value
₹10,00,000
About Issuer
This AA rated bond from Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited), a corporate, offers a Floating coupon of 9.25% with maturity on 19 March 2026. Issued through the Private placement as under ISIN INE516Y07279, 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)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Floating
Sector
corporate
Total Issue Size
-
Allotment Date
19 Mar 2021
Remaining Tenure
7M
Security Name
PIRAMAL FINANCE LIMITED 9.25 LOA 19MR26 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
19 Feb 2025
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