Piramal Capital & Housing Finance Limited NCD (Piramal Capital NCD July 2021) Detail

July 12, 2021 - July 19, 2021

Incorporated in 2017, Piramal Capital & Housing Finance Limited is a wholly-owned subsidiary of Piramal Enterprises Limited and part of Ajay Piramal and Family group. Piramal Capital is a non-deposit-taking housing finance company and is engaged in various financial services businesses. The company provides both wholesale funding opportunities to real estate developers, corporates, and SMEs across sectors and retail funding opportunities including housing finance to individual customers.

Under retail lending company offer housing finance, LAP, secured business loans, digital purchase finance, and digital personal loans. As of the year 2020, Piramal Capital had 19 branches located in various cities across India.

Piramal Capital NCD July 2021 Detail

Issue Open	July 12, 2021 - July 19, 2021
Security Name	Piramal Capital & Housing Finance Limited
Security Type	Secured, Redeemable, Non-Convertible Debentures (Secured NCDs)
Issue Size (Base)	Rs 200.00 Crores
Issue Size (Shelf)	Rs 800.00 Crores
Issue Price	Rs 1000 per NCD
Face Value	Rs 1000 each NCD
Minimum Lot size	10 NCD
Market Lot	10 NCD
Listing At	BSE, NSE
Credit Rating	CARE AA, ICRA AA with outlook (Negative)
Tenor	26, 36, 60 and 120 months
Series
Payment Frequency
Basis of Allotment	First Come First Serve Basis

NCD Allocation Ratio

Category	NCD's Allocated
Institutional	0%
Non-Institutional	0%
HNI	0%

NCD's Offered by Category

Category	NCD's Reserved
Institutional	200,000
Non-Institutional	200,000
HNI	800,000
Retail	800,000
Total NCD's	2,000,000

Coupon Rates (Retail & HNI)

	Series 1	Series 2	Series 3	Series 4	Series 5
Frequency of Interest Payment	Annual	Cumulative	Annual	Annual	Annual
Nature	Secured	Secured	Secured	Secured	Secured
Tenor	26 months	26 months	36 months	60 months	60 months
Coupon Rate	8.35%	NA	8.50%	8.75%	9.00%
Effective Yield (% per Annum)	8.37%	8.35%	8.49%	8.75%	8.99%
Amount on Maturity	Rs 1000	Rs 1190.15	Rs 1000	Rs 1000	Rs 1000

NCD Rating

CARE AA (Under Credit Watch with Developing Implications)
ICRA AA with outlook (Negative)

Company Promoters

Piramal Enterprises Limited

Objects of the Issue

The following table details the objects of the Issue and the amount proposed to be financed from the Net Proceeds:

For the purpose of onward lending, financing, and for repayment /prepayment of interest and principal of existing borrowings (At least 75%)
General Corporate Purposes (Maximum of up to 25%)

Piramal Capital NCD July 2021 Prospectus

› Draft Prospectus
› Red Herring Prospectus

Piramal Capital NCD July 2021 Subscription Status

The Piramal Capital NCD July 2021 was subscribed 4.20 times on July 19, 2021 5:00:00 PM. The NCD subscribed 3.72 times in Retail, 6.46 times in HNI, 1.27 times in Non-Institutional, and 0.00 times in the Institutional category.

Category ?	Subscription (times)
Retail	3.72x
HNI	6.46x
Non-Institutional	1.27x
Institutional	0.00x
Total	4.20x

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Piramal Capital NCD July 2021 Rating

3.4

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Piramal Capital NCD July 2021 Reviews

Dilip Davda - May apply

Company Contact Information

Piramal Capital & Housing Finance Limited
4th Floor, Piramal Tower, Peninsula Corporate Park
Ganpatrao Kadam Marg,
Lower Parel, Mumbai 400013

Phone: (91 22) 6230 9200
Email: investorrelations.pchfl@piramal.com
Website: https://www.pchf.in

Piramal Capital NCD July 2021 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: piramal.ncd@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Piramal Capital NCD July 2021 Lead Manager(s)

Find Piramal Capital NCD July 2021 Latest Update

Useful Articles

7 Comments

7. Jaspreet Singh Oberoi Link|July 24, 2021 6:48:58 PM

Allotment details out. Check on linkintime or you would have got an email from them.

6. M KOTI KIRAN Link|July 13, 2021 7:59:27 PM

canara bank ASBA does not show Piramal NCD, strange!!

6.1. SAN Link|July 16, 2021 7:25:59 PM

Thanks

5. M KOTI KIRAN Link|July 13, 2021 8:00:30 PM

canara bank ASBA does not show Piramal NCD,

4. SAN Link|July 14, 2021 3:06:09 PM

It would be great if anyone can write the detail of which category is better to apply? and why? Also look at the tax prospective. Thanks in advance

3. dabster Link|July 13, 2021 9:18:22 AM

Looks SBI is still not showing up in ASBA list and the company website is down - atleast this morning when I tried - pchf in.

3.1. Vimal Garodia Link|July 13, 2021 6:21:56 PM

Piramal NCD showing in SBI now and working!!

2. Arca Link|July 12, 2021 6:42:51 AM

Guys does anyone know how to check status of bonds which made default or secondary market bonds
I want to know status of srei equipment ncd status? Whether they are repaying interest or principal . If yes when are they doing, no information is there in any forum. Tried calling customer care also they are simply cutting the call after picking

Load more comments (1 replies)

2.2. Akash, Bombay Link|July 12, 2021 12:03:45 PM

You can check the status on trustee website. Trustee for Srei are catalyst and Axis.
Catalyst puts out periodical updates at:
https://www.catalysttrustee.com/press-release/recent-updates/

As such Srei has come up with a scheme for debt resolution and got a mortarium on payment from NCLT till scheme is worked out. Once final scheme is accepted, payment should start again hopefully.

2.3. Arca Link|July 12, 2021 9:42:11 PM

Thank you both of you especially Akash it was very useful.

1. Vimal Garodia Link|July 12, 2021 7:08:03 PM

SBI ASBA does not show Piramal NCD, strange!!