Piramal Finance 9.12% Aug 2027 NCD (INE140A07831)

CARE AA+ Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

34 more bonds from Piramal Finance Limited →

Current YTM

8.58%

Market YTM

Coupon Rate

9.12%

Per annum

Maturity Date

06 Aug 2027

0.7 Yrs to Maturity

Interest Payment

Annual

Frequency

Face Value

₹1,00,000

Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

3 Nov 2026 Interest payment notice Intimation regarding interest payment and redemption of NCDs
14 Oct 2026 Debt securities notice Reporting of outstanding Non-Convertible Debentures issued on private placement basis for the half-year ended 30th September 2026
8 Oct 2026 Debt securities notice Intimation regarding allotment of 52,500 Non-Convertible Debentures on Private Placement basis at the Committee Meeting held on 8th October…
28 Sep 2026 Debt securities notice Outcome of meeting of Committee of Directors (Administration, Authorisation & Finance) for issuance of NCDs on private placement basis
25 Sep 2026 Interest payment notice Intimation regarding Interest Payment and Part Redemption of NCDs

Market Position

YTM (Annual)

8.58%

Last traded 22 Oct 2026 (end of day)

10Y G-Sec Benchmark

7.19%

Reference point, not this bond's tenor

Spread over G-Sec

+166 bps

vs 0.7Y G-Sec at 6.92%

Below the median spread for similar-tenor peers

Tenure

0.7 Years

Remaining to maturity

Price vs Yield

— Price (Clean) — Yield (YTM)

10 Sep 202622 Oct 2026

Showing last 10 trades.

Price data as a table: Recent Market Prices

Cashflow Timeline

8 May 2027

Interest Payment

₹9,120.00 / Bond

₹8,208.00 net of 10% TDS (est.)

6 Aug 2027

Final coupon (part period) + principal

₹1,02,242.62 / Bond

₹2,242.62 coupon + ₹1,00,000 face value

2 coupons remaining, the last paid with principal at maturity · per ₹1,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Bond Timeline

— Issue / Maturity | Coupon (projected) ┊ Today

Key Metrics

Coupon Rate

9.12%

YTM (Annual)

8.58%

Credit Rating

AA+

(CARE) · rated 31 May 2025, 17 months ago

Over 15 months old; see below

Remaining Tenure

0.7 Years

AA+ (CARE): Rated 31 May 2025 (17 months ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

Advanced metrics

Modified Duration

0.68 Yrs

Macaulay Duration

0.74 Yrs

Issue Size

₹300 Cr

Minimum Investment

₹1,00,000

1 bond × ₹1,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration

0.68 Yrs

Price sensitivity per 1% yield move

Payment Frequency

Annual

Last Trade

22 Oct 2026

BSE

Trades (30 Days)

Exchange-reported sessions

Security Status

Secured

No call option

Observations

This bond is secured.
2 secondary-market trades recorded in the last 30 days.
Coupon is 1.08 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 8 Nov 2026

Issuer

Piramal Finance Limited

Instrument Type

NCD

Issue Date

8 May 2025

Day Count Convention

ACT/ACT

Listed Exchange

BSE

Call / Put Option

None disclosed

Piramal Finance 9.12% Aug 2027 NCD is a secured, rated NCD issued by Piramal Finance Limited. It pays a 9.12% p.a. coupon, annually. Principal is repaid at maturity.

Rating Action History

6 actions

Agency actions on Piramal Finance Limited and its instruments, not only this bond. Rows marked “This bond” carry this ISIN or an exchange filing that names it.

Date	Agency	Action	Rating	Outlook	Rationale
2026-10-28	CRISIL	Update	—	—	View →
2026-09-29	CRISIL	Update	—	—	View →
2026-09-07	CRISIL	Update	—	—	View →
2026-08-26	CRISIL	Update	—	—	View →
2026-07-28	CRISIL	Update	—	—	View →
2026-06-29	CRISIL	Update	—	—	View →

Issuer health card · ratings, payment record, defaults, trading, filings 1 item to look at →

Rating Actions on Piramal Finance Limited

last 12 months

Agencies rate the issuer and its instruments together; an action may cover bank loans or other instruments rather than this bond. This bond marks actions that carry this ISIN or whose exchange filing names it.

Date	Agency	Action	Rating	Rationale
2026-10-28	CRISIL	Update	—	View →
2026-09-29	CRISIL	Update	—	View →
2026-09-07	CRISIL	Update	—	View →
2026-08-26	CRISIL	Update	—	View →
2026-07-28	CRISIL	Update	—	View →
2026-06-29	CRISIL	Update	—	View →

Alert me about Piramal Finance Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Recent Market Prices

Recent BSE trades for INE140A07831: trade date, clean price, YTM and number of trades
Trade Date	Clean Price	YTM (%)	Trades
2026-10-22	100.3700	8.5800	2
2026-10-09	100.6723	8.3350	—
2026-10-06	100.6723	8.3350	—
2026-09-24	100.4100	8.5800	2
2026-09-11	100.5000	8.5000	1
2026-09-10	100.4600	8.5500	1

Data Coverage

Dataset	Records	Detail	Freshness
Credit Ratings	1	CARE	2025-05-31
Rating Actions History	6	—	2026-10-28
Secondary-Market Trades	6	BSE	2026-10-22
Reg52(4) Payment Disclosures	0	—	—

Documents

Entity metadata

Source: BSE
Last Updated: 8 Nov 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.

₹1,00,370.00

YTM8.58%

Trade Date 22 Oct 2026 17d ago

SourceBSE

Accrued interest (est.)₹2,373.70

Dirty price (est.)₹1,02,743.70

View on BSE → Calculate YTM for this bond

Frequently Asked Questions

What is the coupon rate on Piramal Finance 9.12% Aug 2027 NCD?

Piramal Finance 9.12% Aug 2027 NCD carries a coupon of 9.12%, paid annual, on a face value of ₹1,00,000.

When does Piramal Finance 9.12% Aug 2027 NCD mature?

Piramal Finance 9.12% Aug 2027 NCD matures on 6 Aug 2027, 0.7 years from today.

What is Piramal Finance 9.12% Aug 2027 NCD rated?

Piramal Finance 9.12% Aug 2027 NCD is rated AA+ by CARE (rating dated 31 May 2025).

Is Piramal Finance 9.12% Aug 2027 NCD secured?

Piramal Finance 9.12% Aug 2027 NCD is a secured bond.

Where does Piramal Finance 9.12% Aug 2027 NCD trade?

Piramal Finance 9.12% Aug 2027 NCD is listed on BSE.

What yield does Piramal Finance 9.12% Aug 2027 NCD currently offer?

The last recorded trade on 22 Oct 2026 priced Piramal Finance 9.12% Aug 2027 NCD at ₹1,00,370.00 per bond, implying a yield to maturity of 8.58%.

More Bonds from This Issuer

Piramal Finance 9.30% Jan 2027 NCD

INE516Y07519

AA-

Coupon

9.30%

Maturity

07 Jan 2027

View Details

Piramal Finance 7.70% Jan 2027 NCD

INE516Y07527

AA Reg52 disclosed

Coupon

7.70%

Maturity

22 Jan 2027

View Details

Piramal Finance 9.55% Mar 2027 NCD

INE641O08035

AA NSDL record, 2017

Coupon

9.55%

Maturity

08 Mar 2027

View Details

Piramal Finance 9.10% Apr 2027 NCD

INE202B07JS2

Coupon

9.10%

Maturity

16 Apr 2027

View Details

Compare (/) Compare Bonds

Comparable NCDs maturing near 2027

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 9.12%. For comparison only, not a recommendation.

Bond	Issuer	Rating	Coupon	Maturity
INE721A07RZ1	Shriram Finance Limited	AA+ NSDL record, 2024	9.10%	2027-03-18
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INE516Q07481	Asirvad Micro Finance Limited	AA-	9.10%	2028-06-02
INE443L08172	Belstar Microfinance Limited	AA	9.15%	2027-06-17
INE0M2307321	Andhra Pradesh State Beverages Corporation Limited	AA	9.15%	2027-11-30
INE523L07AQ3	Nuvama Wealth and Investment Limited	AA	9.07%	2028-05-23

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