Piramal Capital NCD July 2021 FAQ's

[.]| Listing at BSE, NSE | Mon, Jul 12, 2021 - Mon, Jul 19, 2021

Piramal Capital NCD July 2021 Date & Price

The Piramal Capital NCD July 2021 issue opens on July 12, 2021 and closes on July 19, 2021. for the subscription.

Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day. The allotment is done on a First Come First Serve Basis.

Piramal Capital NCD July 2021 Issue Timetable

Bid/Offer Opens OnJuly 12, 2021
Bid/Offer Closes OnJuly 19, 2021

Piramal Capital NCD July 2021 price is set at ₹1000 per NCD.

The NCD's will be issued at a face value of ₹1000 each NCD.

Each application should be for a minimum of 10 NCD and multiples of 10 NCD thereof.

Piramal Capital NCD July 2021 remains open for subscription on working days from 10:00 a.m. to 5:00 p.m until July 19, 2021. The bid may close earlier in case it is fully subscribed.

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

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 26, 36, 60 and 120 months.

The following categories of persons are eligible to apply in the Issue:

  • Category 1 - Institutional Investors including banks, provident funds, pension funds, Mutual Funds, Insurance Companies, NBFC Companies and National Investment Fund.
  • Category 2 - Non-Institutional Investors including Co-operative banks, Public/private charitable/ religious trusts, Partnership firms, Limited Liability Partnerships LLP Firms.
  • Category 3 - High Net-worth Individuals (HNIs) including retail investors who apply for above ₹10 lakhs.
  • Category 4 - Retail Individual Investors including retail investors who apply for less than ₹10 lakhs.

Piramal Capital NCD July 2021 Issue Size and Subscription Status

The Piramal Capital NCD July 2021 consists of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹200.00 Cr
  • NCD Shelf Issue Size: ₹800.00 Cr

Note that the Shelf issue is an option to retain oversubscription up to the shelf issue size over and above the base issue.

Shares offered in Piramal Capital NCD July 2021 are as below:

Piramal Capital NCD July 2021 Shares Offered by Category

Category 1 (QIB)200000
Category 2200000
Category 3 (HNI)800000
Category 4 (Retail)800000

No, NRI's are not eligible to apply in this Issue.

  1. Minors without a guardian name
  2. Foreign nationals
  3. Persons resident outside India
  4. Foreign Portfolio Investors
  5. Foreign Venture Capital Investors
  6. Qualified Foreign Investors
  7. Overseas Corporate Bodies
  8. Persons ineligible to contract under applicable statutory/regulatory requirements

You could check Piramal Capital NCD July 2021 NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).

Note that there is no official source of GMP Rate as they are over-the-counter transactions.

Piramal Capital NCD July 2021 Allotment and Listing

The NCD's are proposed to be listed on BSE, NSE.

Applicants are allocated NCD's on a First Come First Serve Basis.

You can check Piramal Capital & Housing Finance Ltd. allotment status on the registrar’s website using your PAN or application number, or on the BSE/NSE website under the debt issue section. If allotted, the NCDs will be credited to your demat account and visible through your broker.

It is hard to say at what price Piramal Capital NCD July 2021 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Piramal Capital NCD July 2021 NCD - Should I apply?

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

Sorry, we do not provide NCD recommendations. But we share a lot of information about Piramal Capital NCD July 2021 which could help you with questions like Piramal Capital NCD July 2021 buy or not? You should also read Piramal Capital NCD July 2021 Analysis from experts and check the daily subscription status.

It depends on many factors like company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, NCD Analysis from experts and follow the subscriptions before you make the decision to apply in an NCD public Issue.

Piramal Capital & Housing Finance Ltd. NCD listing day gains are unpredictable as it depends on many factors on the day of listing. It depends on factors like the demand, the market situation on the day of listing, NCD issue size, etc.