Public Issue Of Secured, Listed, Redeemable NCD


Piramal Enterprises Limited


Base issue size of Rs. 200 Crs with an option to retain oversubscription upto Rs. 800 Crs aggregating to Rs. 1000 Crs


AA/Stable by ICRA Limited and CARE


Rs. 10,000 and in multiples of 1 NCD thereafter.


Demat Form Only


Face Value of Bond:₹ 1,000/NCD


Mode of Submission of Application Forms:ASBA only


Listing :The NCDs are proposed to be listed on BSE and NSE

Category Wise Issue Allocation for Secured NCD: -

Category I
Institutional (QIB)
Category II
Non-Institutional (Corporate)
Category III
Category IV
Retail Individual Category
20% 20% 30% 30%

*On first come first serve basis to be determined on the basis of the bid uploads made with the scheduled Stock Exchanges.

Final Terms of the Issue:

Series I II III IV
Frequency of Interest Payment Annually Annually Annually Annually
Minimum Application Rs 10,000 (10 NCDs) across all series
Face Value/ Issue Price of NCDs (₹/ NCD) Rs 1,000
Coupon (% per annum) for NCD Holders in all Categories 9.00% 9.05% 9.20% 9.35%
Effective Yield (% per annum) for NCD Holders in all Categories 9.00% 9.05% 9.19% 9.34%
Mode of Interest Payment Through various modes available
Redemption Amount (₹ / NCD) on Maturity for NCD Holders in all Categories ₹ 1,000 ₹ 1,000 ₹ 1,000 ₹ 1,000
Put and Call Option Not Applicable
Termsheet Click Here

** The Company shall allocate and allot Series II NCDs wherein the Applicants have not indicated the choice of the relevant NCD Series.

How to Open Demat Online with GEPL Capital

Step 1: Enter OTP received on the registered Mobile Number.

Step 2: Fill Date of Birth, PAN details, Email Address and Bank Account Details.

Step 3: Details of your demat account are sent to you on your registered mail address.

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