Company 9% Piramal Capital NCD July 2021 Issue Date, Rating & Interest Rates Review with GMP

Read 9% Piramal Capital NCD July 2021 Issue Date, Rating & Interest Rates Review and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar

Piramal Capital & Housing Finance Limited is a Mumbai-based firm and planning its NCD which will be launch on July 12 and will be closing soon on July 23. The details will be explored here. The Issue size is a total of Rs 1000 crore in which the base is Rs 200 crore and the shelf is Rs 800 crore. They are into financial services business provides funding to real estate developers, corporates, and SMEs across sectors. As per the declaration, Piramal Capital will offer 9% interest rates on this NCDs tenure will be 26 months, 36 months, 60 months and 120 months.

The price band is Rs 1,000 per NCD. All the investors have the opportunity to buy the bonds at this issue price that will give huge returns on the investment.

NCD Issue Open  12 July 2021
NCD Issue Close  23 July 2021
NCD Issue Size  Base: 200 Cr. | Shelf: 800 Cr.
Price Band  ₹1000 per NCD
Interest Rate  Upto 9%  (Annually)
Minimum Investment  10 Bonds (₹1,000)
Maximum Investment  1,000 Bonds (₹10,00,000)
Listing on  BSE & NSE Platform

If we talk about the minimum investment so here is the complete information about the price band and on the basis of details, it is 10 bond lots as a minimum investment while the maximum investment 1,000 bonds.

There are many people who are looking for the listing platform of this NCD, On the basis of details this Piramal Capital NCD going to be list on the BSE & NSE. Both the exchanges are the top exchange in India.

You can apply for this NCD bond through your sharebroker. There are several companies available like Zerodha, Upstox, 5Paisa. Applicants can download the form through the official website.

It is the most awaited NCD Bond and investors eagerly wanted to buy this. The remaining details and updates will be there. The ratings towards this NCD are so much attractive and amazing that could impress any investor.

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