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Piramal Finance Limited

Piramal Finance Limited

ISIN: INE516Y07444
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Key Highlights

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Yield

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Rating

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Min. Invest

9.07%

AA

~₹ 91.49K

Interest

Principal

Maturity date

Seniority

Semi Annually

Partial Redemption By Face Value

26/09/2031

Senior

About the Company

Piramal Finance Limited (formerly Piramal Capital & Housing Finance Limited, and before that Dewan Housing Finance Corporation Limited / DHFL) is a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC) regulated by the Reserve Bank of India. It is a wholly-owned subsidiary of Piramal Enterprises Limited (PEL). Established following the acquisition and resolution of DHFL under the Insolvency and Bankruptcy Code (IBC) in September 2021 — the first successful resolution of a financial services company under IBC in India — the company provides retail and wholesale financial services. Its offerings include home loans, loan against property (LAP), MSME loans, used-vehicle financing, personal loans, and corporate lending. It operates through 517+ branches across 25+ states, serving over 4.7 million customers.

Key Management Personnel

Ajay G. Piramal

Non-Executive Chairman

Financials

Yearly

*All values are in cr

Company Updates

Piramal Finance shares in focus after S&P Global rating upgrade

12 weeks ago

Shares of Piramal Finance Ltd are in focus on Tuesday after S&P Global Ratings upgraded its long-term issuer credit rating to ‘BB’ from ‘BB-’ with a Stable outlook, while affirming its ‘B’ short-term issuer credit rating.

Other disclosures

Piramal Finance LimitedYield 9.07%

Units

Inv. Amount

Exp. Returns

Payout Schedule

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