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Issue Open | October 19, 2023 |
Issue Close | October 30, 2023 |
Issue Size (Base) | ₹1,000.00 Crores |
Issue Size (Shelf) | ₹3,000.00 Crores |
Issue Price | ₹1000 per NCD |
Listing At | BSE, NSE |
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.
Bid/Offer Opens On | October 19, 2023 |
Bid/Offer Closes On | October 30, 2023 |
Record Date | |
Deemed Date of Allotment |
Piramal Enterprises Limited NCD Coupon Rates
# | Series 1 | Series 2 | Series 3 | Series 4 |
---|---|---|---|---|
Frequency of Interest Payment | Annual | Annual | Annual | Annual |
Nature | Secured | Secured | Secured | Secured |
Tenor | 2 Years | 3 Years | 5 Years | 10 Years |
Coupon (% per Annum) | 9.00% | 9.05% | 9.20% | 9.35% |
Effective Yield (% per Annum) | 9.00% | 9.05% | 9.19% | 9.34% |
Amount on Maturity (In Rs.) | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 | Rs 1,000.00 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check Piramal Enterprises Limited 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.
The company has received a rating of [ICRA]AA (Stable) by ICRA Limited and CARE AA (Stable) by CARE Ratings Limited for the NCDs proposed to be issued pursuant to this Issue.
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