P
AA Unsecured NCD

Piramal Finance Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AA rated bonds · bonds maturing in 2027

Current YTM
No live YTM available
Coupon Rate
9.55%
Per annum
Maturity Date
08 Mar 2027
0.5 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹1,000,000
Per Bond
Market Position
YTM (Annual) EST
~9.55%
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
+395 bps
vs 0.5Y G-Sec at 5.60% *
Above the median spread for similar-tenor peers
Tenure
0.5 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
8 Mar 2027
Principal Payment
₹1,000,000.00 / Bond

Next 0 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 2017-03-08 Matures 2027-03-08

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

Key Metrics
Coupon Rate
9.55%
YTM (Annual)
Credit Rating
AA
(ICRA)
Remaining Tenure
0.5 Years
Advanced metrics
Modified Duration
0.48 Yrs
Macaulay Duration
0.53 Yrs
Issue Size
₹500 Cr
Minimum Investment
₹1,000,000
(1 Bond)
Market Characteristics
Modified Duration
0.48 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
Callable
Observations
  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 0.45 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
2017-03-08
Day Count Convention
30/360
Listed Exchange
Call / Put Option
Callable & Puttable

Piramal Finance Limited issued this rated, ncd (9.55% UNSECURED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. SERIES A. DATE OF MATURITY 08/03/2027) carrying a 9.55% p.a. coupon, paid annual. It repays principal on maturity. The issuer holds the right to redeem the bond before maturity date.

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 2017-01-24
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 9.55% Mar 2027 NCD?

Piramal Finance 9.55% Mar 2027 NCD carries a coupon of 9.55%, paid annual, on a face value of ₹1,000,000.

When does Piramal Finance 9.55% Mar 2027 NCD mature?

Piramal Finance 9.55% Mar 2027 NCD matures on 2027-03-08, 0.5 years from today.

What is Piramal Finance 9.55% Mar 2027 NCD rated?

Piramal Finance 9.55% Mar 2027 NCD is rated AA by ICRA. As of 2017-01-24.

Is Piramal Finance 9.55% Mar 2027 NCD secured?

Piramal Finance 9.55% Mar 2027 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Can Piramal Finance 9.55% Mar 2027 NCD be called or put back early?

Piramal Finance 9.55% Mar 2027 NCD has both a call option, letting the issuer redeem it early, and a put option, letting holders require early repurchase, on scheduled dates.

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Maturity
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Maturity
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