Piramal Finance Share Price listed at ₹1,260 on its first day of listing, with a strong surge. Following the merger with Piramal Enterprises, the company recorded an 18% gain.
New Delhi: As soon as the stock market opened this morning, Piramal Finance Share Price showed the momentum investors had hoped for. After a long hiatus, the company’s stock returned to trading on the NSE for the first time today, and it was a strong debut.
Piramal Finance shares listed on the NSE at ₹1,260, a 12% premium to the initial price of ₹1,124.20. This opening clearly demonstrates investor confidence in a stock returning to the market without an IPO process.
Within minutes of listing, the stock gained another 5%, hitting the upper circuit of ₹1,323. This represents a total gain of approximately 18% compared to the discovered price—a strong market debut for the new NBFC.
The company’s market cap has now reached close to ₹30,000 crore, reflecting its strong presence on the very first day. It became the most talked-about stock in the stock market today.
Piramal Finance Share Price: What happened before the listing?
To understand today’s listing, it’s important to look back at the past few weeks.
Trading in Piramal Enterprises has been closed since September 23rd, when the company initiated a major structural change.
Key timeline of the merger:
- September 10: NCLT approved the merger of Piramal Enterprises (PEL) and Piramal Finance (PFL).
- September 23: Record date for the merger was set.
- As per the merger scheme, PEL shareholders received PFL shares in a 1:1 ratio.
- All debt securities issued by PEL were now transferred to PFL.
- With this, Piramal Finance replaced Piramal Enterprises on the NSE and BSE.
The company also experienced a major leadership change. Anand Piramal assumed the role of Chairman of Piramal Finance on September 16, 2025, marking the beginning of a new journey for the company.
Piramal Finance Share Price: Understand the Business Impact of the PEL–PFL Merger
This merger is considered one of the most significant deals of the year in the NBFC sector. Piramal Group simplified its structure to bring its financial services business under one clear identity, Piramal Finance.
Financial Snapshot of the Merger:
- Record Date: September 23
- Swap Ratio: 1:1
- Debt Transition: All PEL debt is now with PFL
- Listing Outcome: Piramal Finance replaces PEL on NSE/BSE
With this move, the old identity of PEL on NSE and BSE ended and a new NBFC emerged in the market.
Piramal Finance’s Business: A Rapid Journey to Become a Retail NBFC
Over the past few years, the company has significantly transformed its business model—where it previously focused on wholesale lending, it has now increasingly become a retail NBFC.
Key Growth Points:
- Retail book surges after Dewan Housing acquisition
- Retail book in 2021: ₹20,000 crore
- Retail book today: ₹75,000 crore+
- 4x growth in retail + new wholesale book in four years
- Company breaks even in July 2023
- Technology, AI, and operational efficiency have helped the business achieve new scale
Due to all these changes, the company has today established itself as a strong retail NBFC, and today’s share performance makes it even stronger.
Piramal Finance Share Price: The Importance of Today’s Listing
Today’s trading session made it clear that the market is reposing confidence in Piramal Finance’s new structure and new management.
An 18% gain and an initial market value of ₹30,000 crore establishes it as a serious player in the NBFC sector.
In the coming days, this stock is likely to gain more traction in search trends such as Stock Market Today, NSE Live Updates, Financial Markets India, and Merger News.