P
AA Secured NCD

Piramal Finance Limited

Secured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
7.96%
Per annum
Maturity Date
20 Sep 2027
1.1 Yrs to Maturity
Interest Payment
Monthly
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~7.96%
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
+238 bps
vs 1.1Y G-Sec at 5.58% *
Below the median spread for similar-tenor peers
Tenure
1.1 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
20 Sep 2026
Interest Payment
₹6,633.33 / Bond
20 Oct 2026
Interest Payment
₹6,633.33 / Bond
20 Nov 2026
Interest Payment
₹6,633.33 / Bond
20 Dec 2026
Interest Payment
₹6,633.33 / Bond
20 Jan 2027
Interest Payment
₹6,633.33 / Bond
20 Feb 2027
Interest Payment
₹6,633.33 / Bond
20 Mar 2027
Interest Payment
₹6,633.33 / Bond
20 Apr 2027
Interest Payment
₹6,633.33 / Bond
20 Sep 2027
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
2026-08-20 Interest ₹22,500,000.00 ₹22,500,000.00 Paid XBRL →
Non-payment reason: NA
2026-07-20 Interest ₹21,800,000.00 ₹21,800,000.00 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 2026-08-20 Interest paid (SEBI Reg52(4) disclosure) — due 2026-07-20 Issued 2017-09-20 Matures 2027-09-20

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
7.96%
YTM (Annual)
Credit Rating
AA
(ICRA)
Remaining Tenure
1.1 Years
Advanced metrics
Modified Duration
1.01 Yrs
Macaulay Duration
1.02 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
1.01 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 2.04 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
2017-09-20
Day Count Convention
30/360
Listed Exchange
BSE
Call / Put Option
None disclosed

Piramal Finance Limited issued this secured, rated, ncd (PFL-7.96%-20-9-27-PVT) carrying a 7.96% p.a. coupon, paid monthly. 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 ICRA 2017-09-04
Rating Actions History 5 2026-08-26
Secondary-Market Trades 0
Reg52(4) Payment Disclosures 2 NSE 2026-08-20
  • No secondary-market trades recorded — YTM figures use the coupon rate as a proxy.
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 7.96% Sep 2027 NCD?

Piramal Finance 7.96% Sep 2027 NCD carries a coupon of 7.96%, paid monthly, on a face value of ₹1,000,000.

When does Piramal Finance 7.96% Sep 2027 NCD mature?

Piramal Finance 7.96% Sep 2027 NCD matures on 2027-09-20, 1.1 years from today.

What is Piramal Finance 7.96% Sep 2027 NCD rated?

Piramal Finance 7.96% Sep 2027 NCD is rated AA by ICRA. As of 2017-09-04.

Is Piramal Finance 7.96% Sep 2027 NCD secured?

Piramal Finance 7.96% Sep 2027 NCD is a secured bond.

Where does Piramal Finance 7.96% Sep 2027 NCD trade?

Piramal Finance 7.96% Sep 2027 NCD is listed on BSE.

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