Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited) - INE516Y07451
Microfinance
corporate
Coupon Rate
8.75%
Maturity Date
25 May 2026
ISIN
INE516Y07451
Face Value
₹1,00,000
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 8.75% with maturity on 25 May 2026. Issued through the Private placement as under ISIN INE516Y07451, 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
21 Apr 2023
Remaining Tenure
10M
Security Name
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED 8.75 NCD 25MY26 FVRS1LAC
Risk Assessment
Credit Rating
Rating
CARE AA (Stable)
Date of Rating
19 Feb 2025
Could not find what you were looking for?
Call Us
+91 8953265326
Mail Us
[email protected]
Loading featured bonds...