P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2031

Current YTM
8.64%
Market YTM
Coupon Rate
9.00%
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)
8.64%
Live, last traded 2026-08-26
10Y G-Sec Benchmark
6.68%
Reference point, not this bond's tenor
Spread over G-Sec
+218 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 (Clean) — Yield (YTM)
2026-07-07 2026-08-26
Cashflow Timeline
23 Jul 2027
Interest Payment
₹90.00 / Bond
23 Jul 2028
Interest Payment
₹90.00 / Bond
23 Jul 2029
Interest Payment
₹90.00 / Bond
23 Jul 2030
Interest Payment
₹90.00 / 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 ₹138,600,000.00 ₹138,600,000.00 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
9.00%
YTM (Annual)
8.64%
Credit Rating
AA
(ICRA)
Remaining Tenure
4.9 Years
Advanced metrics
Modified Duration
3.82 Yrs
Macaulay Duration
4.15 Yrs
Issue Size
₹154 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
2026-08-26
NSE CM
Trades (30 Days)
10
Exchange-reported sessions
Security Status
Secured
No call option
Observations
  • This bond is secured.
  • 10 secondary-market trades recorded in the last 30 days.
  • Coupon is 1.00 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
2021-07-23
Day Count Convention
30/360
Listed Exchange
Call / Put Option
None disclosed

9% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES V CATEGORY III&IV.LETTER OF ALLOTMENT.DATE OF MATURITY 23/07/2031 is a secured, rated, redeemable ncd issued by Piramal Finance Limited. The bond offers a fixed coupon of 9.00% 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
2026-08-26 101.4000 8.6404 10
2026-08-10 102.4000 8.3958 None
2026-08-06 102.0000 8.4962 18
2026-08-05 101.5000 8.6209 None
2026-08-04 102.4050 8.3968 736
2026-07-27 101.5000 8.6232 220
2026-07-10 100.2000 8.9481 13
2026-07-09 100.4500 8.8855 223
2026-07-08 107.6010 7.1752 170
2026-07-07 116.0000 5.3389 270
Data Coverage
DatasetRecordsDetailFreshness
Credit Ratings 1 ICRA 2021-06-24
Rating Actions History 5 2026-08-26
Secondary-Market Trades 10 NSE CM 2026-08-26
Reg52(4) Payment Disclosures 1 NSE 2026-07-23
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 9.00% Jul 2031 NCD?

Piramal Finance 9.00% Jul 2031 NCD carries a coupon of 9.00%, paid annual, on a face value of ₹1,000.

When does Piramal Finance 9.00% Jul 2031 NCD mature?

Piramal Finance 9.00% Jul 2031 NCD matures on 2031-07-23, 4.9 years from today.

What is Piramal Finance 9.00% Jul 2031 NCD rated?

Piramal Finance 9.00% Jul 2031 NCD is rated AA by ICRA. As of 2021-06-24.

Is Piramal Finance 9.00% Jul 2031 NCD secured?

Piramal Finance 9.00% Jul 2031 NCD is a secured bond.

What yield does Piramal Finance 9.00% Jul 2031 NCD currently offer?

The last recorded trade on 2026-08-26 priced Piramal Finance 9.00% Jul 2031 NCD at ₹101.40, implying a yield to maturity of 8.64%.

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