Rates near peak, one can lock some money into Piramal NCDs

The secured NCDs have a face value of ₹1,000 and investors can apply for a minimum of 10 NCDs. The issue has a base size of ₹200 crore, with a green shoe option up to ₹800 crore, aggregating up to ₹1,000 crore and are rated ‘AA’ by ICRA and Care.

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