P
AA / Stable Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
8.47%
Market YTM
Coupon Rate
8.75%
Per annum
Maturity Date
29 Oct 2027
1.2 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹100,000
Per Bond
Market Position
YTM (Annual)
8.47%
Live, last traded 2026-08-27
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+301 bps
vs 1.2Y G-Sec at 5.46%
Below the median spread for similar-tenor peers
Tenure
1.2 Years
Remaining to maturity
Price vs Yield
— Price (Clean) — Yield (YTM)
2026-07-21 2026-08-27
Cashflow Timeline
13 Oct 2026
Interest Payment
₹8,750.00 / Bond
13 Oct 2027
Interest Payment
₹8,750.00 / Bond
29 Oct 2027
Principal Payment
₹100,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹100,000 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 2025-10-13 Matures 2027-10-29

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

Key Metrics
Coupon Rate
8.75%
YTM (Annual)
8.47%
Credit Rating
AA
(ICRA)
Remaining Tenure
1.2 Years
Advanced metrics
Modified Duration
1.00 Yrs
Macaulay Duration
1.09 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹100,000
(1 Bond)
Market Characteristics
Modified Duration
1.00 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
2026-08-27
NSE OTC (WAP)
Trades (30 Days)
5
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 5 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.25 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 8 Aug 2026
Instrument Type
NCD
Issue Date
2025-10-13
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

PFL-8.75%-29-10-27-PVT is a secured, rated, redeemable ncd issued by Piramal Finance Limited. The bond offers a fixed coupon of 8.75% p.a. with annual interest payments and 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
2026-08-27 100.2603 8.4700 None
2026-08-20 100.4100 8.3200 1
2026-08-14 100.2823 8.4355 1
2026-08-07 100.2440 8.4700 None
2026-08-06 100.2100 8.5000 None
2026-07-27 100.4100 8.3300 1
2026-07-24 100.3261 8.4000 1
2026-07-23 100.3900 8.3500 1
2026-07-22 100.1987 8.5100 1
2026-07-21 100.1987 8.5100 None
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2025-10-31
Rating Actions History 5 2026-08-26
Secondary-Market Trades 10 NSE OTC (WAP) 2026-08-27
Reg52(4) Payment Disclosures 0
Documents
Entity metadata
Source
bse_bonds
Last Updated
8 Aug 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 8.75% Oct 2027 NCD?

Piramal Finance 8.75% Oct 2027 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹100,000.

When does Piramal Finance 8.75% Oct 2027 NCD mature?

Piramal Finance 8.75% Oct 2027 NCD matures on 2027-10-29, 1.2 years from today.

What is Piramal Finance 8.75% Oct 2027 NCD rated?

Piramal Finance 8.75% Oct 2027 NCD is rated AA by ICRA. As of 2025-10-31.

Is Piramal Finance 8.75% Oct 2027 NCD secured?

Piramal Finance 8.75% Oct 2027 NCD is a secured bond.

Where does Piramal Finance 8.75% Oct 2027 NCD trade?

Piramal Finance 8.75% Oct 2027 NCD is listed on BSE.

What yield does Piramal Finance 8.75% Oct 2027 NCD currently offer?

The last recorded trade on 2026-08-27 priced Piramal Finance 8.75% Oct 2027 NCD at ₹100.26, implying a yield to maturity of 8.47%.

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