P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2029

Current YTM
No live YTM available
Coupon Rate
9.76%
Per annum
Maturity Date
09 Mar 2029
2.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~9.76%
Proxied from coupon — no live trade, not a true YTM
10Y G-Sec Benchmark
6.66%
Reference point, not this bond's tenor
Spread over G-Sec
+345 bps
vs 2.5Y G-Sec at 6.31% *
Above the median spread for similar-tenor peers
Tenure
2.5 Years
Remaining to maturity
Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.
Cashflow Timeline
11 Mar 2027
Interest Payment
₹97,609.00 / Bond
11 Mar 2028
Interest Payment
₹97,609.00 / Bond
9 Mar 2029
Principal Payment
₹1,000,000.00 / Bond

Next 2 coupons + principal at maturity · per ₹1,000,000 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 2019-03-11 Matures 2029-03-09

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

Key Metrics
Coupon Rate
9.76%
YTM (Annual)
Credit Rating
AA
(CARE)
Remaining Tenure
2.5 Years
Advanced metrics
Modified Duration
2.07 Yrs
Macaulay Duration
2.27 Yrs
Issue Size
₹1,500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.07 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.24 percentage points below the median for tracked NCD bonds. (based on 18927 tracked NCD bonds with a stated coupon)
Structured Overview Data as of 16 Jul 2026
Instrument Type
NCD
Issue Date
2019-03-11
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Piramal Finance Limited issued this secured, rated, ncd (9.7609% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 09/03/2029) carrying a 9.76% 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 →
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 CARE 2025-11-04
Rating Actions History 5 2026-08-26
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 0
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 9.76% Mar 2029 NCD?

Piramal Finance 9.76% Mar 2029 NCD carries a coupon of 9.76%, paid annual, on a face value of ₹1,000,000.

When does Piramal Finance 9.76% Mar 2029 NCD mature?

Piramal Finance 9.76% Mar 2029 NCD matures on 2029-03-09, 2.5 years from today.

What is Piramal Finance 9.76% Mar 2029 NCD rated?

Piramal Finance 9.76% Mar 2029 NCD is rated AA by CARE. As of 2025-11-04.

Is Piramal Finance 9.76% Mar 2029 NCD secured?

Piramal Finance 9.76% Mar 2029 NCD is a secured bond.

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