Piramal Finance Limited
Microfinance
corporate
Microfinance
corporate
Tenure
18M
Tenure
18M
About Issuer
This AA rated bond from Piramal Finance 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.
Summary
Interest
Monthly
Principal
At maturity
COUPON RATE
7.96%
FACE VALUE
₹10,00,000
MATURITY DATE
20 Sep 2027
SECTOR
corporate
COLLATERAL SECURITY
Secured
TAX STATUS
Taxable
TRUSTEE
-
ISIN
INE641O07144
Credit rating
Rating
[ICRA]AA
Rating Agency
ICRA
Date of Rating
14 Oct 2021
Rating
[ICRA]AA
Rating Agency
ICRA
Date of Rating
14 Oct 2021
Other details
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