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ECL Finance Ltd NCD (ECL Finance NCD Feb 2015) Detail

Feb 26, 2015 - Mar 16, 2015
ECL Finance Ltd Logo

ECL Finance Limited is non-banking financial services including financing, money lending, bill discounting, factoring, and corporate lending with or without securities.

ECLFL is one of the leading systemically important non-deposit taking NBFCs, focused on offering a broad suite of secured corporate loan products, retail loan products which are customized to suit the needs of the corporates, SMEs and individuals. The company is a part of the Edelweiss Group which is one of India’s prominent financial services organization having businesses organized around four broad lines – Credit including Retail Finance and debt capital markets; Commodities; Financial Markets including Asset Management and Life Insurance services.

Edelweiss Financial NCD

ECL Finance NCD Feb 2015 Detail

Issue Open Feb 26, 2015 - Mar 16, 2015
Security Name ECL Finance Ltd
Security Type
Issue Size (Base) Rs 400.00 Crores
Issue Size (Shelf) Rs [.] Crores
Issue Price Rs 1000 per NCD
Face Value Rs 1000 each NCD
Minimum Lot size 10 NCD
Market Lot 10 NCD
Listing At BSE
Credit Rating
Tenor
Series
Payment Frequency
Basis of Allotment

NCD Allocation Ratio

Category ? NCD's Allocated
Category 1 0%
Category 2 0%
Category 3 0%
Category 4 0%

Objects of the Issue

The funds raised through this Issue, after meeting the expenditures of and related to the Issue, will be used for the financing activities including lending and investments, subject to applicable statutory and/or regulatory requirements, to repay their existing loans and their business operations including for their capital expenditure and working capital requirements.

NCD Rating

This issue is graded as CRISIL AA and ICRA AA (Stable), indicating at a high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk.

Offerings

The company is offering six options for this offer with tenure of 36 months and 60 months with interest payment option on Monthly, Annually or Cumulative basis as per the choice of investors. Coupon rate is ranging from 10% to 10.60% depending on the selection of option and giving an effective yield ranging from 10.45% to 10.64%.

ECL Finance NCD Feb 2015 Prospectus

ECL Finance NCD Feb 2015 Rating

17
2.8
Rating:Rated 2.8 stars
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ECL Finance NCD Feb 2015 Reviews

Company Contact Information

ECL Finance Ltd
Edelweiss House,
Off. C.S.T Road,
Kalina, Mumbai 400098

Phone: +91 22 4009 4400
Email: Eclfdebtipo@edelweissfin.com
Website: http://www.edelweissfin.com

ECL Finance NCD Feb 2015 Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: ecl.ncd@linkintime.co.in
Website: https://linkintime.co.in/

ECL Finance NCD Feb 2015 Lead Manager(s)

Edelweiss Financial NCD