P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
No live YTM available
Coupon Rate
8.75%
Per annum
Maturity Date
23 Jul 2031
4.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000
Per Bond
Market Position
YTM (Annual) EST
~8.75%
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
+229 bps
vs 4.9Y G-Sec at 6.46% *
Below the median spread for similar-tenor peers
Tenure
4.9 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
23 Jul 2027
Interest Payment
₹87.50 / Bond
23 Jul 2028
Interest Payment
₹87.50 / Bond
23 Jul 2029
Interest Payment
₹87.50 / Bond
23 Jul 2030
Interest Payment
₹87.50 / Bond
23 Jul 2031
Principal Payment
₹1,000.00 / Bond

Next 4 coupons + principal at maturity · per ₹1,000 face value

Payment Disclosures (SEBI Reg52(4)) 1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-07-23 Interest ₹100,000.00 ₹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 2026-07-23 Issued 2021-07-23 Matures 2031-07-23

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

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics
Coupon Rate
8.75%
YTM (Annual)
Credit Rating
AA
(ICRA)
Remaining Tenure
4.9 Years
Advanced metrics
Modified Duration
3.82 Yrs
Macaulay Duration
4.16 Yrs
Issue Size
₹0 Cr
Minimum Investment
₹1,000
(1 Bond)
Market Characteristics
Modified Duration
3.82 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 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 16 Jul 2026
Instrument Type
NCD
Issue Date
2021-07-23
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

Issued by Piramal Finance Limited, 8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES V CATEGORY I&II.LETTER OF ALLOTMENT.DATE OF MATURITY 23/07/2031 is a secured, rated, ncd paying a 8.75% p.a. coupon annual. 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 2 CARE, ICRA 2026-06-28
Rating Actions History 5 2026-08-26
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 1 NSE 2026-07-23
  • 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 8.75% Jul 2031 NCD?

Piramal Finance 8.75% Jul 2031 NCD carries a coupon of 8.75%, paid annual, on a face value of ₹1,000.

When does Piramal Finance 8.75% Jul 2031 NCD mature?

Piramal Finance 8.75% Jul 2031 NCD matures on 2031-07-23, 4.9 years from today.

What is Piramal Finance 8.75% Jul 2031 NCD rated?

Piramal Finance 8.75% Jul 2031 NCD is rated AA by ICRA and AA by CARE. As of 2026-06-28.

Is Piramal Finance 8.75% Jul 2031 NCD secured?

Piramal Finance 8.75% Jul 2031 NCD is a secured bond.

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