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Instrument Details

ISIN: INE516Y07287

Face value

₹10,00,000

Coupon rate

0%

Payment

Never

Tax Type

Taxable

Issue Size (Cr)

50.9

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

26 Mar 2021

Maturity Date

23 Jan 2023

Perpetual

Yes

Listing Status

Unlisted

Rating status

WITHDRAWN (CARE Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Secured

Asset Coverage

-

Seniority in Repayment

Senior

Guarantee Type

Non Convertible

About this Bond

PIRAMAL CAPITAL & HOUSING FINANCE LIMITED LOA 23JN23 FVRS10LAC
Piramal Capital & Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE516Y07287, with a face value of ₹10,00,000 rs on 26Mar21 to raise 50.9 crores. The debt instrument is issued with a coupon rate of 0% and its interest is paid Never. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is SECURED RATED UNLISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT.DATE OF MATURITY 23/01/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Bond is Not listed on any stock exchange. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 26Mar21. This issuer is formerly known as DEWAN HOUSING DEVELOPMENT FIN. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
N/A
Not Rated
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Date Verified
N/A
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Outlook
N/A
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Seniority in Repayment
Senior
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Security
Secured

Summary

Instrument Attributes

Value

Coupon Rate

0%

Returns

Linked to Markets

Bond Rating

WITHDRAWN

Seniority in Repayment

Senior

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Housing Finance Company
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE516Y07287 issued by Piramal Capital & Housing Finance Limited

The instrument name of INE516Y07287 ISIN is PIRAMAL CAPITAL & HOUSING FINANCE LIMITED LOA 23JN23 FVRS10LAC.
Never, as INE516Y07287 bond issued by Piramal Capital & Housing Finance Limited is a Zero-coupon bond.
This INE516Y07287 bond issued by Piramal Capital & Housing Finance Limited has been assigned a credit rating of WITHDRAWN by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE516Y07287 bond issued by Piramal Capital & Housing Finance Limited is 0%.
The INE516Y07287 Debenture is issued by Piramal Capital & Housing Finance Limited, a Private Sector company.
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