P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2028

Current YTM
No live YTM available
Coupon Rate
9.52%
Per annum
Maturity Date
19 Dec 2028
2.3 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~9.52%
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
+515 bps
vs 2.3Y G-Sec at 4.37% *
Top 21% of similar-tenor peers by spread
Tenure
2.3 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
19 Sep 2026
Interest Payment
₹7,933.33 / Bond
19 Oct 2026
Interest Payment
₹7,933.33 / Bond
19 Nov 2026
Interest Payment
₹7,933.33 / Bond
19 Dec 2026
Interest Payment
₹7,933.33 / Bond
19 Jan 2027
Interest Payment
₹7,933.33 / Bond
19 Feb 2027
Interest Payment
₹7,933.33 / Bond
19 Mar 2027
Interest Payment
₹7,933.33 / Bond
19 Apr 2027
Interest Payment
₹7,933.33 / Bond
19 Dec 2028
Principal Payment
₹1,000,000.00 / Bond

Next 8 coupons + principal at maturity · per ₹1,000,000 face value

Payment Disclosures (SEBI Reg52(4)) 2 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-08-19 Interest ₹40,400,000.00 ₹40,400,000.00 Paid XBRL →
Non-payment reason: NA
2026-07-20 Interest ₹39,100,000.00 ₹39,100,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2026-08-02 -- history accumulates as disclosures are broadcast.

Bond Timeline
— Issue / Maturity | Coupon (projected) ● Rating action ◆ Reg52(4) disclosed ┊ 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 Interest paid (SEBI Reg52(4) disclosure) — due 2026-08-19 Interest paid (SEBI Reg52(4) disclosure) — due 2026-07-20 Issued 2018-12-19 Matures 2028-12-19

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

2 SEBI Reg52(4) disclosed payments — hover a square/diamond for detail.

Key Metrics
Coupon Rate
9.52%
YTM (Annual)
Credit Rating
AA
(CARE)
Remaining Tenure
2.3 Years
Advanced metrics
Modified Duration
2.06 Yrs
Macaulay Duration
2.07 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
2.06 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Monthly
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 0.48 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
2018-12-19
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Piramal Finance Limited, 9.52% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 19/12/2028 is a secured, rated, ncd paying a 9.52% p.a. coupon monthly. The instrument 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 2 NSE 2026-08-19
  • 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 9.52% Dec 2028 NCD?

Piramal Finance 9.52% Dec 2028 NCD carries a coupon of 9.52%, paid monthly, on a face value of ₹1,000,000.

When does Piramal Finance 9.52% Dec 2028 NCD mature?

Piramal Finance 9.52% Dec 2028 NCD matures on 2028-12-19, 2.3 years from today.

What is Piramal Finance 9.52% Dec 2028 NCD rated?

Piramal Finance 9.52% Dec 2028 NCD is rated AA by CARE. As of 2025-11-04.

Is Piramal Finance 9.52% Dec 2028 NCD secured?

Piramal Finance 9.52% Dec 2028 NCD is a secured bond.

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