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Piramal Enterprises NCD Tranche I October 2023 Detail
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

Piramal Enterprises NCD Tranche I October 2023 Date & Price

The Piramal Enterprises NCD Tranche I October 2023 issue opens on October 19, 2023, and closes on October 30, 2023, 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 Enterprises Limited NCD IPO dates are as below:

Piramal Enterprises NCD Tranche I October 2023 Issue Timetable

Bid/Offer Opens OnOctober 19, 2023
Bid/Offer Closes OnOctober 30, 2023
Record Date
Deemed Date of Allotment

Sorry, Piramal Enterprises NCD Tranche I October 2023 DRHP PDF Document is not available at this time.

Piramal Enterprises NCD Tranche I October 2023 Red Herring Prospectus (RHP) PDF

Piramal Enterprises NCD Tranche I October 2023 price is set at ₹1000 per NCD.

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

The frequency of payment for Piramal Enterprises NCD Tranche I October 2023 is Anually.

Each application should be for a minimum of 10 NCD's and multiples of 1 NCD thereof.

Piramal Enterprises NCD Tranche I October 2023 remain open for subscription on working days from 10:00 a.m. to 5:00 p.m until October 30, 2023. The bid may close earlier in case it is fully subscribed.

Piramal Enterprises Limited NCD Coupon Rates

#Series 1Series 2Series 3Series 4
Frequency of Interest PaymentAnnualAnnualAnnualAnnual
NatureSecuredSecuredSecuredSecured
Tenor2 Years3 Years5 Years10 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 1,000.00Rs 1,000.00Rs 1,000.00Rs 1,000.00

The NCD's have a fixed maturity date. The date of maturity of the NCD's is 2 , 3, 5 and 10 years.

Piramal Enterprises NCD Tranche I October 2023 Issue Size and Subscription Status

The Piramal Enterprises NCD Tranche I October 2023 consist of a base issue and a shelf issue.

  • NCD Base Issue Size: ₹1,000.00 Crores
  • NCD Shelf Issue Size: ₹3,000.00 Crores

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

Sorry, The number of shares offered in Piramal Enterprises NCD Tranche I October 2023 is not available at this time. Please revisit us for latest updates.

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 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.

Piramal Enterprises NCD Tranche I October 2023 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.

The Piramal Enterprises Limited Allotment Status is not available online at this time.

The Piramal Enterprises Limited NCD listing data are not available. The date is published by the exchange a couple of days before the NCD listing.

It is hard to say at what price Piramal Enterprises NCD Tranche I October 2023 NCD's will list. The price varies by the demand and supply of NCD on the day of listing.

Piramal Enterprises Limited NCD - Should I apply?

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.

Sorry, we do not provide NCD recommendations. But we share a lot of information about Piramal Enterprises NCD Tranche I October 2023 which could help you with questions like Piramal Enterprises NCD Tranche I October 2023 buy or not? You should also read Piramal Enterprises NCD Tranche I October 2023 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 Enterprises Limited NCD listing day gains are unpredictable as depends on many factors on the day listing. It depends on factors like the demand, the market situation on the day of listing, NCD Issue size etc.