Piramal Finance

MUMBAI, Oct 8 (Reuters) - India's Piramal Finance PIRL.NS accepted bids worth 5.25 billion rupees ($54.25 million) for the sale of bonds maturing in three years and one month, three bankers said on Thursday.

The firm will pay a coupon of 8.62% and had invited commitment bids for the issue on Wednesday, they said.

The company did not respond to a Reuters email seeking comment.

Here is the list of deals reported so far on October 8:

*Size includes base plus greenshoe for some issues

($1 = 96.7775 Indian rupees)

(Reporting by Dharamraj Dhutia and Khushi Malhotra; Editing by Harikrishnan Nair)

(([email protected], [email protected]))

Piramal Finance allotted 82,94,000 warrants to promoter group entity Nithyam Realty Private Limited on a preferential basis for aggregate consideration of about Rs 1,750 crore. The company received about Rs 437.5 crore, representing 25% of the consideration, on the date of allotment on 5 October. The allotment followed board approval on 24 August, shareholder approval at the extraordinary general meeting on 19 September and in-principle approvals from the NSE and BSE on 29 September. It followed a completed Rs 2,100 crore qualified institutions placement of 99,52,606 shares at Rs 2,110 each in August as part of an about Rs 3,850 crore capital programme. The lender managed assets under management of about Rs 1.07 lakh crore at end-June, with retail loans of Rs 91,249 crore accounting for about 85% of the total.

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MUMBAI, Oct 5 (Reuters) - India's Piramal Finance PIRL.NS plans to raise up to 20 billion rupees ($207.75 million), including a greenshoe option of 15 billion rupees, through the sale of bonds maturing in three years and one month, three bankers said on Monday.

The firm will pay a coupon of 8.62% and has invited commitment bids for the issue on Wednesday, they said.

The company did not immediately respond to a Reuters email seeking comment.

Here is the list of deals reported so far on October 5:

*Size includes base plus greenshoe for some issues

($1 = 96.2700 Indian rupees)

(Reporting by Khushi Malhotra; Editing by Mrigank Dhaniwala)

(([email protected]))

MUMBAI, Sept 21 (Reuters) - India's Piramal Finance raises 11 billion rupees ($114.80 million) through the sale of three-year and one-month bonds, three bankers said on Monday.

The company will pay an annual coupon of 8.57% and had invited commitment bids for the issue on Friday, they said.

Piramal Finance did not respond to a Reuters email seeking comment.

Here is the list of deals reported so far on September 21:

*Size includes base plus greenshoe for some issues

($1 = 95.8150 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

(([email protected]))

MUMBAI, Sept 17 (Reuters) - India's Piramal Finance PIRL.NS plans to raise 20 billion rupees ($208.60 million), which includes a greenshoe option of 15 billion rupees, through the sale of three-year and one-month bonds, three bankers said on Thursday.

The company will pay an annual coupon of 8.57% and has invited commitment bids for the issue on Friday, they said.

Piramal Finance did not respond to a Reuters email seeking comment.

Here is the list of deals reported so far on September 17:

* Size includes base plus greenshoe for some issues

($1 = 95.8775 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Janane Venkatraman)

(([email protected]))

Sept 8 (Reuters) - Piramal Finance Ltd PIRL.NS:

• PIRAMAL FINANCE LTD - APPROVES RAISING OF FUNDS VIA NCDS UP TO 20 BILLION RUPEES

• PIRAMAL FINANCE - NCDS ISSUANCE ON PRIVATE PLACEMENT BASIS

Source text: ID:nBSEbrGzGn

Further company coverage: PIRL.NS

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Piramal Finance closed its qualified institutions placement on 28 August 2026 after receiving application forms and funds from eligible qualified institutional buyers. It allocated 9,952,606 fully paid-up equity shares at ₹2,110 each, implying gross proceeds of about ₹2,100 crore. The issue followed a board-approved fund-raising programme of up to ₹4,000 crore, while a separate preferential issue for promoter-group warrants was set at up to ₹1,750.03 crore. Piramal Finance reported consolidated loans of ₹90,258 crore and consolidated profit after tax of ₹461 crore for the June 2026 quarter.

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Aug 28 (Reuters) - Piramal Finance Ltd PIRL.NS:

• PIRAMAL FINANCE LTD - APPROVED CLOSURE OF QIP ON AUGUST 28

Source text: [ID:]

Further company coverage: PIRL.NS

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Piramal Finance's board approved the issue of up to 82.94 lakh warrants to Nithyam Realty Private Limited, a promoter-group entity, for aggregate consideration of up to ₹1,750.03 crore. Each warrant was priced at ₹2,110 and could be converted into one equity share, with 25% payable on subscription and the balance on exercise within 18 months. The issue remained subject to shareholder and other statutory and regulatory approvals, and an extraordinary general meeting was scheduled for 19 September 2026. The board had earlier approved a broader fund-raising programme of up to ₹4,000 crore to support growth in assets under management. Consolidated AUM stood at ₹1.07 lakh crore in the June 2026 quarter, including ₹91,249 crore of retail assets.

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Aug 19 (Reuters) - Piramal Finance Ltd PIRL.NS:

• PIRAMAL FINANCE - BOARD TO MEET ON AUG 24, 2026 TO CONSIDER FUND RAISING VIA PREFERENTIAL ALLOTMENT

Source text: ID:nBSE3jfj9z

Further company coverage: PIRL.NS

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** Shares of India's Piramal Finance PIRL.NS fall 4.41% to 2,090.40 rupees, their highest intraday pct drop since May 4

** The non-bank lender posts a 67% y/y rise in first-quarter profit to 4.39 billion rupees ($45.56 million) and announced 40-billion-rupee fundraise round

STRONG QUARTER, BUT VALUATION AND CAPITAL RAISE CAP UPSIDE

** Nomura says strong quarter puts company on track to achieve FY27 targets, but expects planned 40-billion-rupee capital raise to dilute FY27-29 earnings estimates by 4%-9%

** Jefferies says improving loan growth and margins support earnings trajectory, but says valuation upside remains capped given 10%-12% return on equity expected by FY28-29

** Emkay Global says company remains on track on growth, profitability and asset quality, but cuts FY27 EPS by about 5% after factoring in planned capital raise

** HDFC Securities says consistent execution in growth portfolio supports medium-term returns, but sub-par leverage and expected equity infusion limit upside at current valuations

($1 = 96.3650 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

Piramal Finance's board on 16 July 2026 approved the raising of funds up to Rs. 4,000 crore. The company may issue equity shares, convertible securities, or other instruments through qualified institutions placement, preferential allotment, private placement, rights issue, or any combination thereof, subject to regulatory and shareholder approvals. The board also cleared the unaudited financial results for the quarter ended June 2026 and authorized a postal ballot to seek shareholders' nod for the fundraising. The capital raise, if fully executed, would be among the larger equity raisings by an NBFC in recent years.

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July 16 (Reuters) - Piramal Finance Ltd PIRL.NS:

• PIRAMAL FINANCE - APPROVES FUND RAISING UP TO 40 BILLION RUPEES

• PIRAMAL FINANCE LTD JUNE-QUARTER NET PROFIT 4.39 BILLION RUPEES

• PIRAMAL FINANCE LTD JUNE-QUARTER TOTAL REVENUE FROM OPERATIONS 34.09 BILLION RUPEES

Source text: ID:nBSE2WmM4f

Further company coverage: PIRL.NS

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Piramal Finance's board will meet on 16 July 2026 to approve the unaudited standalone and consolidated financial results for the quarter ended 30 June 2026 and to consider a proposal for raising funds. The company stated that the board would evaluate qualified institutions placement, rights issue, preferential allotment, private placement or any combination thereof, subject to market conditions and regulatory approvals. A shareholders' meeting via postal ballot would also be sought for the fund raising. The trading window for designated persons remains closed.

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** Shares of India's Piramal Finance PIRL.NS advance 9.47% to 2,018.3 rupees

** Housing finance co posts Q4 net profit of 5.01 billion rupees ($53.04 million) vs 1.02 billion rupees a year earlier

** Nomura ("buy"; TP: 2,150) expects improved profitability with return on assets of ~3.1% by FY29 as cost savings could help offset the impact of near-term branch expansion

** Jefferies ("hold"; TP: 1,940) raises FY27–28 earnings estimates by up to 4% on better margins, expects co to post profit of 21 billion rupees in FY27, 30 billion rupees in FY28

** PIRL rated "buy"; median TP 2000 rupees - data compiled by LSEG

** YTD stock up 12.18%

($1 = 94.4600 Indian rupees)

(Reporting by Devika Nair in Bengaluru)

(([email protected];))

March 27 (Reuters) - Piramal Finance Ltd DWNH.M3:

• APPROVES AMALGAMATION OF PIRAMAL FINANCE WITH THREE WHOLLY-OWNED SUBSIDIARIES

• APPROVES ISSUANCE OF REDEEMABLE NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS

• NCD ISSUANCE UPTO 150 BILLION RUPEES

Source text: ID:nBSE5XVGf2

Further company coverage: DWNH.M3PIRL.NS

(([email protected];))

March 20 (Reuters) - One Point One Solutions Ltd ONEP.NS:

• GETS 600 MILLION RUPEES THREE-YEAR CX OPERATIONS CONTRACT WITH PIRAMAL FINANCE

Source text: ID:nNSE8lF74x

Further company coverage: ONEP.NS

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