Instrument Details

ISIN: INE516Y07410

Face value

₹1,000

Coupon rate

8.75%

Payment

Annually

Tax Type

Taxable

Issue Size (Cr)

1000

Instrument Type

Debenture

Returns

High

Date of Issue

23 Jul 2021

Maturity Date

23 Jul 2026

Perpetual

Yes

Listing Status

Listed

Rating status

AA (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 SR IV CAT III & IV 8.75 LOA 23JL26 FVRS1000
Piramal Capital & Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE516Y07410, with a face value of ₹1,000 rs on 23Jul21 to raise 1000 crores. The debt instrument is issued with a coupon rate of 8.75% and its interest is paid Annually. 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 8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES.SERIES IV CATEGORY III&IV.LETTER OF ALLOTMENT.DATE OF MATURITY 23/07/2026. This instrument is issued in Public Issue mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on NSE stock exchange on 28Jul21 & on BSE stock exchange on 28Jul21. CARE RATINGS LIMITED has given AA rating to this Debenture on 23Jul21. 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
AA
High Safety
AA
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Date Verified
12 Dec 2023
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Outlook
Stable
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Seniority in Repayment
Senior
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Security
Secured
Investment Calculation (Pre-Tax)

Below is an indicative cash-flow on investment, actual cash-flow may differ.

Face Value
₹1,000
Lot Size
100
Minimum Investment
₹1,00,000

Cashflow

₹1,00,000
23-Jul-21 : Your investment
₹8,750
23-Jul-22 : Interest
₹8,750
23-Jul-23 : Interest
₹8,750
23-Jul-24 : Interest
₹8,750
23-Jul-25 : Interest
₹8,750
23-Jul-26 : Interest
₹1,43,750
23-Jul-26 : Maturity amount (Investment: ₹1,00,000, Interest earned: ₹43,750)

Summary

Instrument Attributes

Value

Coupon Rate

8.75%

Returns

High

Bond Rating

AA

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 INE516Y07410 issued by Piramal Capital & Housing Finance Limited

The instrument name of INE516Y07410 ISIN is PIRAMAL CAPITAL & HOUSING FINANCE LIMITED SR IV CAT III & IV 8.75 LOA 23JL26 FVRS1000.
The interest earned from INE516Y07410 bond issued by Piramal Capital & Housing Finance Limited is paid Annually, ensuring regular and consistent income for investors.
This INE516Y07410 bond issued by Piramal Capital & Housing Finance Limited has been assigned a credit rating of AA by CARE RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
This Debenture offers a coupon rate of 8.75%, which determines the periodic interest payments made to bondholders.
The INE516Y07410 Debenture is issued by Piramal Capital & Housing Finance Limited, a Private Sector company.