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ECL Finance Limited – NCD

Equity Forthcoming

ECL Finance limited is a part of the Edelweiss Group , one of prominent financial services organization in India. Incorporated in 2005 , Mumbai based Ecl Finance limited is a leading non – deposit taking NBFC that offers a wide range of corporate and retail loan products.

Importants

ICRA and CRISIL rating given AA/STABLE.

Minimum Application Rs 10,000 .

Date 24/07/2018 to 16/08/2018 and 10 AM to 5 PM

ECL FINANCE Limited
Symbol ECLNCDIV
Series S1 – payable at redemption – Rs 1,311.30 – Tenor 3 Years, for Category I, II , III and IV
S2 – 9.45% Tenor 3 years, for category I, II, III and IV – Annual Option
S3 – 9.25% Tenor 5 years, for CategoryI, II, III and IV – Monthly option
S4 – Payable at redemption – Rs 1585.30/- Tenor 5 Years, for Category I, II, III and IV
S5 – 9.65% Tenor 5 years, for category I, II, III and IV – Annual Option
S6 – 9.43% Tenor 10 years, for Category I, II, III and IV – monthly
S7 – 9.85% Tenor 10 years, for category I, II, III and IV – Annual option
S8 – Benchmark MIBOR + Spread of 2.50%* Tenor 3 years, for category I, II, III and IV – Annual option
Issue period 24/07/2018 to 16/08/2018
Post issue modification period 17/08/2018
Issue Size Public Issue Size of Rs 5,000 million with an option to retain oversubscription upto Rs 15000 million aggregating upto Rs 20,000 Million
Security Type Secured Redeemable Non Convertible Debentures
Price Rs 1000
Face Value Rs 1000
Minimum Application Value 10 NCDs ( Rs 10,000 ) either taken individually or collectively across all series of NCDs and in multiple of 1 NCD (Rs 1000 ) thereafter
Market Lot 1 Bond
IPO Grading The NCDs have been rated ( ICRA ) AA/STABLE (ICRA Double A/Stable ) by ICRA and Crisil AA/STABLE by CRISIL
Rating Agency ICRA Limited and CRISIL Limited
IPO Market Timings 10 AM to 5 PM
Lead Managers Axis bank and Edelweiss Financial Services Limited
Name of the Registrar Link in time India private limited
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