8.75% Piramal Capital & Housing Finance Limited (INE516Y07147)

Piramal Capital & Housing Finance Limited, a Housing Finance Company company, has floated Debenture, having ISIN value as INE516Y07147, with a face value of ₹10,00,000 rs on 13May20 to raise 500 crores. The debt instrument is issued with a coupon rate of 8.75% and its interest is paid Annually. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Secured Debenture is 8.75% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. LETTER OF ALLOTMENT. DATE OF MATURITY 12/05/2023.. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 19May20 & on NSE stock exchange on 19May20. CARE RATINGS LIMITED has given WITHDRAWN rating to this Debenture on 13May20. This issuer is formerly known as DEWAN HOUSING DEVELOPMENT FIN. LTD Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.