Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited) - INE516Y07329

Microfinance

corporate

Coupon Rate
8.85%
Maturity Date
27 Jun 2031
ISIN
INE516Y07329copy
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 8.85% with maturity on 27 June 2031. Issued through the Private placement as under ISIN INE516Y07329, 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
Seniority
Senior
Non-Senior
Deal Details
Interest Frequency
Yearly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
29 Jun 2021
Remaining Tenure
6Y
Security Name
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED 8.85 LOA 27JU31 FVRS10LAC
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
19 Feb 2025
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