PNB Housing Finance Share Price in Focus As it Completes ₹400 Crore Fundraise Through NCD Allotment

On Tuesday, 20 May 2025, PNB Housing Finance Limited revealed that its board of directors has sanctioned the allotment of redeemable Non-Convertible Debentures (NCDs) totalling ₹400 crore, as per a stock exchange filing.

Details of the NCD Allotment

The company has approved the issuance of 40,000 listed, secured, rated, and taxable NCDs through a private placement. Each NCD has a face value of ₹1 lakh, resulting in a total fundraise of ₹400 crore. These debentures are redeemable and listed on the stock exchange.

The tenure of the NCDs is set for five years from the allotment date of 20 May 2025, maturing on 20 May 2030. They offer an annual interest coupon rate of 7.53% on the principal amount.

The filing also mentioned that if the company defaults on interest payments or principal redemption, the principal amount will increase by an additional 2% per year for the duration of the default, and interest will be charged on the increased amount.

Also Read: Aditya Birla Capital Merges Aditya Birla Finance to Form a Larger NBFC! 

PNB Housing Finance Share Price Movement

As of 10:36 am IST on 21 May 2025, PNB Housing Finance share price is trading at ₹1,058.40, up ₹16.90 or 1.62% for the day. The stock opened at ₹1,045.00, with a high of ₹1,062.70 and a low of ₹1,042.10 so far. 

The company has a market capitalisation of ₹27,520 crore and a price-to-earnings (P/E) ratio of 14.25. The stock does not currently offer a dividend yield. The stock hit its highest price in the past 52 weeks at ₹1,201.45 on 13 September 2024. The lowest price recorded in the same period was ₹615.65 on 4 June 2024, according to BSE data.

Conclusion

With a successful ₹400 crore NCD fundraise and consistent share growth over the years, PNB Housing Finance continues to strengthen its financial position, reflecting investor confidence and promising prospects ahead.

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