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Instrument Details

ISIN: INE804I08825

Face value

₹1,00,000

Coupon rate

NIFTY 50 INDEX LINKED

Payment

on Maturity

Tax Type

Taxable

Issue Size (Cr)

308

Instrument Type

Debenture

Returns

Linked to Markets

Date of Issue

10 Aug 2017

Maturity Date

18 Aug 2023

Perpetual

Yes

Listing Status

Listed

Rating status

PP-MLD AA- (CRISIL Ratings)

Call Option

Not Available

Put Option

Not Available

Security with Collaterals

Unsecured

Asset Coverage

-

Seniority in Repayment

None

Guarantee Type

Non Convertible

About this Bond

ECL FINANCE LIMITED SR-A3A701A BR NCD 18AG23 FVRS1LAC
Ecl Finance Limited, a Non-Banking Financial Company (NBFC) company, has floated Debenture, having ISIN value as INE804I08825, with a face value of ₹1,00,000 rs on 10Aug17 to raise 308 crores. The debt instrument is issued with a coupon rate of NIFTY 50 INDEX LINKED and its interest is paid on Maturity. The returns are Taxable and one has to pay the applicable tax on the returns from this investment. As per the filings, the long description of this Unsecured Debenture is NIFTY 50 INDEX LINKED UNSECURED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES. SERIES A3A701A. DATE OF MATURITY 18/08/2023. This instrument is issued in Private Placement mode. It has Simple coupon type with Full Redemption option. The Debenture is listed on BSE stock exchange on 21Nov17. CRISIL RATINGS LIMITED has given PP-MLD AA- rating to this Debenture on 13Jun17. Neither the Principal nor the Interest is covered for this Debenture. Yes, this debt instrument is Perpetual In Nature.

Rating (Debt Quality)

Instrument Rating
AA
High Safety
PP-MLD AA-
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Date Verified
07 Feb 2023
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Outlook
Negative
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Seniority in Repayment
None
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Security
Unsecured

Summary

Instrument Attributes

Value

Coupon Rate

NIFTY 50 INDEX LINKED

Returns

Linked to Markets

Bond Rating

PP-MLD AA-

Seniority in Repayment

None

Instrument Category

Non Convertible

About the issuer

Basic Industry
BASIC INDUSTRY
Non-Banking Financial Company (NBFC)
Head Office
HEAD OFFICE
Mumbai
Sector name
SECTOR
Financial Services
Issuer ownership
ISSUER OWNERSHIP
Private Sector

FAQs about INE804I08825 issued by Ecl Finance Limited

The instrument name of INE804I08825 ISIN is ECL FINANCE LIMITED SR-A3A701A BR NCD 18AG23 FVRS1LAC.
The interest earned from the INE804I08825 bond issued by Ecl Finance Limited is paid at the time of maturity
This INE804I08825 bond issued by Ecl Finance Limited has been assigned a credit rating of PP-MLD AA- by CRISIL RATINGS LIMITED, directly indicating the issuer's creditworthiness and the probability of default.
The coupon rate of INE804I08825 bond issued by Ecl Finance Limited is NIFTY 50 INDEX LINKED.
The INE804I08825 Debenture is issued by Ecl Finance Limited, a Private Sector company.
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