Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, Dewan Housing Finance Corporation Limited) - INE641O07144
Microfinance
corporate
Coupon Rate
7.96%
Maturity Date
20 Sep 2027
ISIN
INE641O07144
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 Fixed coupon of 7.96% with maturity on 20 September 2027. Issued through the Private placement as under ISIN INE641O07144, 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
[ICRA]AA (Negative)
Tax Status
Taxable
Mode of Issue
Public
Private
Collateral Security
Secured
Unsecured
Deal Details
Interest Frequency
Monthly
Principal Frequency
-
Coupon Type
Fixed
Sector
corporate
Total Issue Size
-
Allotment Date
20 Sep 2017
Remaining Tenure
2Y 1M
Security Name
PIRAMAL CAPITAL & HOUSING FINANCE LIMITED 7.96 LOA 20SP27 FVRS10LAC
Risk Assessment
Credit Rating
Rating
[ICRA]AA (Negative)
Date of Rating
14 Oct 2021
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