P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2026

Current YTM
No live YTM available
Coupon Rate
9.05%
Per annum
Maturity Date
03 Nov 2026
0.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~9.05%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+378 bps
vs 0.2Y G-Sec at 5.27% *
Above the median spread for similar-tenor peers
Tenure
0.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean)
2026-07-13 2026-08-24
Cashflow Timeline
3 Nov 2026
Principal Payment
₹1,000.00 / Bond

Next 0 coupons + principal at maturity · per ₹1,000 face value

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ┊ Today
Today Rating action: by CRISIL on 2026-08-26 Rating action: AA by CRISIL on 2026-08-19 Rating action: by CRISIL on 2026-07-28 Rating action: by CRISIL on 2026-06-29 Initial rating: AA by CRISIL on 2026-06-17 Issued 2023-11-03 Matures 2026-11-03

5 rating actions on file since issue — hover a dot for detail.

Key Metrics
Coupon Rate
9.05%
YTM (Annual)
Credit Rating
AA
(ICRA)
Remaining Tenure
0.2 Years
Advanced metrics
Modified Duration
0.17 Yrs
Macaulay Duration
0.18 Yrs
Issue Size
₹131 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
0.17 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-24
NSE CM
Trades (30 Days)
7
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 7 secondary-market trades recorded in the last 30 days.
  • Coupon is 0.95 percentage points below the median for tracked NCD bonds. (based on 18935 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2023-11-03
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Piramal Finance Limited issued this secured, rated, ncd (9.05% SECURED RATED LISTED NON CONVERTIBLE DEBENTURES SERIES II TRANCHE I DATE OF MATURITY 03/11/2026) carrying a 9.05% p.a. coupon, paid annual. It repays principal on maturity.

Rating Action History 5 actions
DateAgencyActionRatingOutlookRationale
2026-08-26 CRISIL Other View →
2026-08-19 CRISIL Other AA View →
2026-07-28 CRISIL Other View →
2026-06-29 CRISIL Other View →
2026-06-17 CRISIL Initial AA View →
Recent Market Prices
Trade DateClean PriceYTM (%)Trades
2026-08-24 106.7410 None
2026-08-21 106.9000 None
2026-08-20 107.2000 None
2026-08-19 106.4000 None
2026-08-17 106.6000 None
2026-08-03 105.8050 None
2026-07-27 106.5010 1
2026-07-24 113.9000 None
2026-07-20 105.2500 None
2026-07-13 105.2500 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2023-10-09
Rating Actions History 5 2026-08-26
Secondary-Market Trades 10 NSE CM 2026-08-24
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
nsdl_master_promoted
Last Updated
16 Jul 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Frequently Asked Questions
What is the coupon rate on Piramal Finance 9.05% Nov 2026 NCD?

Piramal Finance 9.05% Nov 2026 NCD carries a coupon of 9.05%, paid annual, on a face value of ₹1,000.

When does Piramal Finance 9.05% Nov 2026 NCD mature?

Piramal Finance 9.05% Nov 2026 NCD matures on 2026-11-03, 0.2 years from today.

What is Piramal Finance 9.05% Nov 2026 NCD rated?

Piramal Finance 9.05% Nov 2026 NCD is rated AA by ICRA. As of 2023-10-09.

Is Piramal Finance 9.05% Nov 2026 NCD secured?

Piramal Finance 9.05% Nov 2026 NCD is a secured bond.

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