Discover why Piramal Finance is a top choice for youth in India. Explore their banking products, innovation, customer support, and opportunities for young investors and borrowers.
What happened to PEL share
Piramal Enterprises Limited (PEL) shares have been merged with Piramal Finance Limited (PFL). Effective from September 23, 2025, PEL shares ceased trading as the company merged with its wholly owned subsidiary PFL. The merger was done with a share swap of 1:1, where PEL shareholders received an equivalent number of PFL shares. This consolidation is aimed at operational efficiency, compliance with RBI regulations, and improving shareholder value by creating a unified financial services entity.
As a result, PEL shares are no longer traded separately. Instead, investors now trade Piramal Finance shares, which made a strong market debut with a market capitalization of around Rs 30,000 crore and experienced an initial price surge up to Rs 1,333.45 per share shortly after listing.
As a result, PEL shares are no longer traded separately. Instead, investors now trade Piramal Finance shares, which made a strong market debut with a market capitalization of around Rs 30,000 crore and experienced an initial price surge up to Rs 1,333.45 per share shortly after listing
Is piramal finance listed company
Yes, Piramal Finance Limited is a listed company. It got listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on November 7, 2025, following the merger of Piramal Enterprises Limited (PEL) with its wholly owned subsidiary Piramal Finance Limited (PFL). The listing was achieved through a composite merger scheme and did not involve a traditional IPO, meaning no new shares were issued and existing PEL shareholders received PFL shares on a 1:1 basis. The stock symbol for Piramal Finance Ltd shares is PIRAMALFIN (NSE) and the BSE Scrip Code is 544597. This listing marked the company’s transition into a unified, retail-focused financial services entity with a market capitalization of around Rs 30,000 crore at debut
Who is the CEO of piramal finance.
The CEO of Piramal Finance Limited is Jairam Sridharan. He assumed charge as the Managing Director and CEO following the merger of Piramal Enterprises Limited and Piramal Finance Limited in 2025. Jairam Sridharan has over two decades of experience, having previously been the CFO of Axis Bank, and is credited with driving significant growth in retail lending and payments. Anand Piramal is the Executive Chairman of Piramal Finance.
What is the future of piramal ?
The future of Piramal Finance Limited looks promising as the company is strategically positioned to become a leading retail-focused financial services entity in India. After merging Piramal Enterprises with Piramal Finance in 2025, the company aims to leverage its unified platform for rapid growth in retail lending, housing finance, and wealth management.
Piramal Finance has set ambitious goals, such as targeting assets under management (AUM) of ₹1.5 trillion by 2028. The management under CEO Jairam Sridharan plans to capitalize on the large and growing market for retail financial products in India, focusing on expanding credit access, affordability, and customer-centric offerings. The firm also benefits from strong leadership and a robust balance sheet, which should support innovation and scaling operations effectively.
Overall, the company’s outlook is positive, backed by strategic consolidation, experienced leadership, a growing market opportunity, and a clear vision for expanding financial inclusion and value creation for shareholders.
Is piramal finance RBI aproved ?
Piramal Finance Limited is approved by the Reserve Bank of India (RBI) and operates as a Non-Banking Financial Company – Investment and Credit Company (NBFC-ICC). The RBI granted the Certificate of Registration to Piramal Finance Limited in April 2025, allowing it to commence its business under this category without accepting public deposits. As part of this regulatory transition, Piramal Finance discontinued its housing finance business and surrendered its Housing Finance Company (HFC) license. This RBI approval reflects regulatory compliance and supports the company’s strategic focus on retail and MSME lending expansion in India. The merger with Piramal Enterprises Limited was also completed following regulatory approvals in 2025
Is piramal finance profitable.
Yes, Piramal Finance Limited is profitable. In the financial year 2025, the company reported a consolidated profit after tax (PAT) of ₹485 crore, a significant turnaround from a loss of ₹1,684 crore in the previous year. The growth business, which is primarily retail lending, showed strong profitability with a pre-tax operating profit (PBT) return on assets under management (RoAUM) of 1.8% in Q4 FY25. In the recent quarter of FY26 (Q2), Piramal Finance posted a net profit of ₹327 crore, reflecting a 101% year-on-year growth. The company expects to deliver steady profitability growth going forward with improving asset quality, operating efficiencies, and a strong growth trajectory for its AUM (assets under management).
Which bank marge with piramal finance.
Piramal Finance did not merge with a bank. Instead, the merger occurred between Piramal Enterprises Limited (PEL) and its wholly owned subsidiary Piramal Finance Limited (PFL). This internal consolidation was approved by the National Company Law Tribunal (NCLT) in September 2025 and completed to create a unified, focused non-banking financial company (NBFC). The merger aimed to comply with regulatory requirements, simplify the corporate structure, improve operational efficiency, and position the company as a leading retail-focused NBFC. No bank was involved in this merger; it was a strategic internal restructuring within the Piramal Group.
How big is piramal group.
The Piramal Group is a large and diversified conglomerate with significant presence in healthcare, financial services, and other sectors. As of the fiscal year 2025, the consolidated Assets Under Management (AUM) of Piramal Finance alone reached approximately ₹80,689 crore (around $10.5 billion USD), with the group operating across many branches and cities in India. The overall revenue of Piramal Enterprises, a key arm of the group, is about ₹10,609 crore for FY25, and the net worth of the group is reported at ₹27,096 crore.
The group has shown strong financial performance with a consolidated profit after tax of ₹485 crore in FY25, reflecting substantial turnaround and growth momentum. It holds significant assets, a broad customer base of 4.7 million customers, and a growing footprint in retail and wholesale financial services. This scale positions Piramal as a major player in India’s financial services and healthcare sectors, indicative of a robust and growing conglomerate.
